Indian tractor market has come a long way as volume growth in past 4 decades show a CAGR of 8%, despite seasonal vagaries, plummeting and boosting, tractor demand has grown to over 600,000 units from 50,000 units in early 1980’s.
The industry, which has recorded a steady performance in the current fiscal with a volume growth of 12.8 % during April-August FY18, is expected to end FY18 with a volume growth of 10-11 %.
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The industry, which has recorded a steady performance in the current fiscal with a volume growth of 12.8 % during April-August FY18, is expected to end FY18 with a volume growth of 10-11 %.
Read More