Post Tagged with: "MSP MINIMUM SUPPORT PRICE"

Rural Sentiment And The Tractor Sales

Rural Sentiment And The Tractor Sales

India’s rural economy is the backbone of its agricultural sector, significantly impacting the demand for tractors and farming equipment, writes Ashish Bhatia.  In 2024, the tractor industry showcased resilience despite macroeconomic fluctuations, buoyed by favourable monsoon conditions, improved Minimum Support Prices (MSP), and government initiatives to boost rural income. The performance of the tractor industry is directly correlated to the[Read More…]

by January 17, 2025 Cover Stories