Tuesday 28 January 2020
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business-standard - 2 month ago

India s Farm Equipment Market Likely To Grow To $18 Billion By 2025 From $13 Billion

Parshottam Rupala, Minister of State for Agriculture Farmers Welfare, Govt. of India, said that government is committed to promote use of additional farm machinery in the coming years to achieve improvement in awareness towards diverse utilization of mechanization and credit support so that access to latest technologies is not a constraint. Speaking at EIMA AGRIMACH 2019 , organized by FICCI, jointly with Ministry of Agriculture Farmers Welfare, Govt. of India, Rupala said that tractors dominate the Indian farm mechanization market and only 10-15% of share is contributed by rest of the farming equipment.


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