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Agricultural Equipment Market in India – a snapshot

  • January 2015
  • -
  • Madras Consultancy Group
  • -
  • 10 pages

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The contribution of agriculture and allied sectors to India’s GDP stood at around 13.7% in 2012-13 (at 2004-05 prices). Agricultural production was estimated at 264.3 million tonnes in 2013-14 and is expected increase further. Farm mechanisation coupled with adequate farm power is now a crucial component for farm operation. Farm mechanization reduces labour time, post-harvest loss and helps to cuts down production cost in the long run. Given the labour scarcity and the Government’s subsidy programs, adoption of farm mechanisation is set to improve.

This note on Agricultural Equipment Market in India has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers of the Agricultural Equipment Market in India.

This report can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the Agricultural Equipment Market in India. Senior managers can also use this snapshot for making presentations to internal audiences, customers, collaborators and channel partners.

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