The India Tractor Market is all set to witness a double digit growth of 16-18% in FY 2017 says CRISIL. However the growth in February & March to only be in single digit number as farmers still cope with the note ban and shifting towards using digital payment modes.
The sales were revived as the south-west monsoon came in normal. Rains were 97% of the long-period average, timely and well-distributed, resulting in Kharif production increasing 10% on-year (according to second advance estimates), and Rabi sowing also 5.7% higher on account of sufficient reservoir levels.
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The sales were revived as the south-west monsoon came in normal. Rains were 97% of the long-period average, timely and well-distributed, resulting in Kharif production increasing 10% on-year (according to second advance estimates), and Rabi sowing also 5.7% higher on account of sufficient reservoir levels.
Read More