India's Mahindra expects tractor sales growth to slow


MUMBAI, May 31 (Reuters) - Mahindra & Mahindra, India's biggest utility vehicle maker, expects tractor sales growth in India to slow to 5-6 percent in 2012/13 from 10-12 percent forecast earlier, a company official said on Thursday. Mahindra, the flagship company of the $14.4 billion Mahindra Group conglomerate, reported a forecast-beating 44 percent jump in quarterly profit this week, on strong volume growth in the face of rising input costs. (Reporting by Henry Foy; Editing by ...

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