-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...

-Business Standard Falling incomes and longer winter to translate into lower demand for at least some months The new financial year is not much cheer to companies which generate a large chunk of sales in rural India. Their chief executives say slowing economic growth and falling rural wages are leading to a sharp fall in demand, one that will reflect in the next few quarters. A longer winter season has delayed offtake of...

-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...

-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the Tractor Industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...

-Livemint.com Tractor sales have gone up in a year which has seen farmer protests in several states for remunerative crop prices and farm loan waivers, amid lingering effects of demonetisation and GST implementation New Delhi: Domestic tractor sales rose to a record in the first half of the fiscal year, but economists are hesitating to interpret it as a sign that the farm economy has finally turned the corner. Tractor manufacturers sold 363,071...