Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Delayed monsoon, weak rural economy took toll on tractor sale    </title>
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-The New Indian Express

The industry has warned that this trend may continue if no stimulus is given to boost rural demand.

Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the..."/>
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-The New Indian Express

The industry has warned that this trend may continue if no stimulus is given to boost rural demand.

Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the..." />
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                            <div align="justify">-The New Indian Express<br /><br /><em>The industry has warned that this trend may continue if no stimulus is given to boost rural demand.<br /></em><br />Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the demand for tractors, which is already witnessing slowdown since the start of this fiscal. The industry has warned that this trend may continue if no stimulus is given to boost rural demand.<br /><br />In the first quarter of this financial year, the domestic tractor industry declined 14.6 per cent with sales of 1,91,305 tractors against 2,23,937 units sold during the same quarter last fiscal, with all leading tractor manufacturers posting a double-digit decline in sales.<br /><br />Mahindra &amp; Mahindra (M&amp;M), which commands over 40 per cent of the market share, reported a 14.84 per cent y-o-y dip in sales, while Sonalika and Escorts posted 17.4 per cent y-o-y and 15.9 per cent y-o-y decline respectively.<br /><br />While TAFE Group&rsquo;s volumes fell 17.4 per cent, others such as John Deere and New Holland Agriculture reported a dip of around 10 per cent y-o-y. M&amp;M has been reporting a y-o-y dip in sales since December while Escorts Ltd has been posting a decline in sales from March 2019.<br /><br />The industry recorded more than 32 per cent of decline in production in June 2019 while sales, including exports, too were down 15 per cent.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html" title="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html">click here</a> to read more. <br /></div>                                                           
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The industry has warned that this trend may continue if no stimulus is given to boost rural demand.

Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the..."/>
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                            <div align="justify">-The New Indian Express<br /><br /><em>The industry has warned that this trend may continue if no stimulus is given to boost rural demand.<br /></em><br />Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the demand for tractors, which is already witnessing slowdown since the start of this fiscal. The industry has warned that this trend may continue if no stimulus is given to boost rural demand.<br /><br />In the first quarter of this financial year, the domestic tractor industry declined 14.6 per cent with sales of 1,91,305 tractors against 2,23,937 units sold during the same quarter last fiscal, with all leading tractor manufacturers posting a double-digit decline in sales.<br /><br />Mahindra &amp; Mahindra (M&amp;M), which commands over 40 per cent of the market share, reported a 14.84 per cent y-o-y dip in sales, while Sonalika and Escorts posted 17.4 per cent y-o-y and 15.9 per cent y-o-y decline respectively.<br /><br />While TAFE Group&rsquo;s volumes fell 17.4 per cent, others such as John Deere and New Holland Agriculture reported a dip of around 10 per cent y-o-y. M&amp;M has been reporting a y-o-y dip in sales since December while Escorts Ltd has been posting a decline in sales from March 2019.<br /><br />The industry recorded more than 32 per cent of decline in production in June 2019 while sales, including exports, too were down 15 per cent.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html" title="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | Delayed monsoon, weak rural economy took toll on tractor sale    </title>
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-The New Indian Express

The industry has warned that this trend may continue if no stimulus is given to boost rural demand.

Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the..."/>
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-The New Indian Express

The industry has warned that this trend may continue if no stimulus is given to boost rural demand.

Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the..." />
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                            <div align="justify">-The New Indian Express<br /><br /><em>The industry has warned that this trend may continue if no stimulus is given to boost rural demand.<br /></em><br />Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the demand for tractors, which is already witnessing slowdown since the start of this fiscal. The industry has warned that this trend may continue if no stimulus is given to boost rural demand.<br /><br />In the first quarter of this financial year, the domestic tractor industry declined 14.6 per cent with sales of 1,91,305 tractors against 2,23,937 units sold during the same quarter last fiscal, with all leading tractor manufacturers posting a double-digit decline in sales.<br /><br />Mahindra &amp; Mahindra (M&amp;M), which commands over 40 per cent of the market share, reported a 14.84 per cent y-o-y dip in sales, while Sonalika and Escorts posted 17.4 per cent y-o-y and 15.9 per cent y-o-y decline respectively.<br /><br />While TAFE Group&rsquo;s volumes fell 17.4 per cent, others such as John Deere and New Holland Agriculture reported a dip of around 10 per cent y-o-y. M&amp;M has been reporting a y-o-y dip in sales since December while Escorts Ltd has been posting a decline in sales from March 2019.<br /><br />The industry recorded more than 32 per cent of decline in production in June 2019 while sales, including exports, too were down 15 per cent.<br /><br />Please <a href="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html" title="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html" class="re" target="_blank">The New Indian Express, 16 August, 2019, http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html</a><div class="clear"></div>
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Delayed monsoon, weak rural economy took toll on tractor sale

Published on Aug 26, 2019   Modified on Aug 26, 2019

-The New Indian Express The industry has warned that this trend may continue if no stimulus is given to boost rural demand. Delayed monsoon, weak rural economy, tightened liquidity scenario, and the vicious cycle of droughts and floods have dragged down the demand for tractors, which is already witnessing slowdown since the start of this fiscal. The industry has warned that this trend may continue if no stimulus is given to boost rural demand. In the first quarter of this financial year, the domestic tractor industry declined 14.6 per cent with sales of 1,91,305 tractors against 2,23,937 units sold during the same quarter last fiscal, with all leading tractor manufacturers posting a double-digit decline in sales. Mahindra & Mahindra (M&M), which commands over 40 per cent of the market share, reported a 14.84 per cent y-o-y dip in sales, while Sonalika and Escorts posted 17.4 per cent y-o-y and 15.9 per cent y-o-y decline respectively. While TAFE Group’s volumes fell 17.4 per cent, others such as John Deere and New Holland Agriculture reported a dip of around 10 per cent y-o-y. M&M has been reporting a y-o-y dip in sales since December while Escorts Ltd has been posting a decline in sales from March 2019. The industry recorded more than 32 per cent of decline in production in June 2019 while sales, including exports, too were down 15 per cent. Please click here to read more.

The New Indian Express, 16 August, 2019, http://www.newindianexpress.com/business/2019/aug/16/delayed-monsoon-weak-rural-economy-took-toll-on-tractor-sale-2019618.html

Tagged with: monsoon Monsoon Rainfall Tractor Industry Tractor Sales Rural Demand Rural Economy Effective Demand

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