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 Tractor sales estimated to grow 16-18% in this fiscal on good monsoon

Tractor sales estimated to grow 16-18% in this fiscal on good monsoon

Tuesday, March 7, 2017, 6:11 PM

Domestic tractor sales are anticipated to increase by 16-18% in the current fiscal year, riding a monsoon-led increase in demand that was enough to offset the impact of note ban in the latter half, as per CRISIL BSE 0.58 % Research. The sector had registered double-digit negative growth in the previous two fiscals due to bad monsoons and low farm sentiment.
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