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Tractors end FY21 with historic production, growth in sales, exports


Tractors end FY21 with historic production, growth in sales, exports
April 13, 2021
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Outlook for the industry continues to be positive due to all-time high estimates of rabi production, strong rural cash flows
The tractor industry has reported historic production, highest-ever domestic volumes and a strong growth in exports in 2020-21.
With strong domestic demand on the back of robust rural economy and recovery in exports from the second quarter of FY21, industry achieved its highest-ever production at 9.65 lakh units in FY21 against 7.78 lakh units in FY20, according to the data provided by Tractor & Mechanisation Association (TMA).
“The healthy monsoon, government support to farmers both at the central and state level and focus on mechanisation to ensure large scale coverage even during the Covid time boded well for agricultural mechanisation. TMA is happy to contribute to the rural economy during the pandemic by keeping the service and distribution ....

Tractor Mechanisation Association , International Tractors Ltd , Mechanisation Association , Tractors Ltd , Covid 19 , Rural Economy , சர்வதேச டிராக்டர்கள் லிமிடெட் , டிராக்டர்கள் லிமிடெட் , கிராமப்புற பொருளாதாரம் ,

Technavio Research: Global Agricultural Machinery Market In India | COVID-19 Market Analysis and Impacts


Technavio Research: Global Agricultural Machinery Market In India | COVID-19 Market Analysis and Impacts | Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210119005673/en/
Technavio has announced its latest market research report titled Agricultural Machinery Market in India 2020-2024 (Graphic: Business Wire).
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The report on the agricultural machinery market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. ....

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Stepping up innovation, Sonalika Tractors to continue with product offensive strategy


Stepping up innovation, Sonalika Tractors to continue with product offensive strategy
December 27, 2020
The company shipped 12,932 tractors in the first eight months of this fiscal as against last year’s 11,308 units   -  Ramesh Sharma
The company shipped 12,932 tractors in the first eight months of this fiscal as against last year’s 11,308 units   -  Ramesh Sharma×
Aims to strengthen presence in higher HP tractor segment with new launches
International Tractors Ltd, manufacturer of Sonalika tractors, says it will continue its productive offensive strategy coupled with innovation in 2021 to maintain growth momentum and strengthen its presence in higher HP tractor segment.
“We will continue to innovate at a feverish pace and launch newer products in 2021 and beyond. Our products will be designed and customised as per farmer’s crop, soil and geography specific needs. We have already been a leading player in more than 50 HP segment and will be str ....

Raman Mittal , Sonalika Group , International Tractors Ltd , Executive Director , Tiger Electric , During April November , ராமன் மிட்டல் , சொனலிகக குழு , சர்வதேச டிராக்டர்கள் லிமிடெட் , நிர்வாகி இயக்குனர் , புலி மின்சார , போது ஏப்ரல் நவம்பர் ,