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The Economic Times

Economy / The Economic Times

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Tractor sales growth in FY27 to slow on weak monsoon fears: Report

Tractor industry volume growth is expected to moderate to one to four percent this fiscal year. This moderation follows a significant 23.5% growth in the previous fiscal year. The Indian Meteorological Department forecasts a below-normal monsoon due to anticipated El Nino conditions. Recent rainfall data indicates precipitation deficits across several Indian regions. Prolonged rainfall shortfalls could negatively impact farm incomes and tractor demand.

22 Jul 2026 12:58 am