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Indian tractor sales seen rising as regions waive farm loans

Indian tractor sales seen rising as regions waive farm loans

Wednesday, April 5, 2017, 10:12 PM

Tractor sales in India are likely to grow in double digits in the fiscal year that started on April 1, following a decision by at least two states to waive some loans to farmers, India's biggest tractor maker said on Wednesday. India's tractor industry posted 18% volume growth in the fiscal year that ended March 31.
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