Farm Equipment Market In India

More documents

Recommendations

Info

As we mentioned with potatoes, root vegetables are notoriously hard to harvest, and carrots are nodifferent. The tow-behind carrot harvesting machine above is perhaps the most mesmerizing ofmachines we have listed here, and its scale is just astounding. Think about the same process being doneby hundreds of workers digging up carrots. Only then can the increase in efficiency in this process trulybe grasped.These machines are only a touch into the variety of high-efficiency farming machines. The biggest fearwith this scale of automation is a loss in jobs, creating an economy that is poised on skilled labor. Whilethese innovations are amazing, the world will have to face the problem of skyrocketing unemploymentin the future as automation like seen in the farming industry hits the rest of the workforce.iv.Agricultural Machinery – Changing Trends in IndiaIndia has welcomed and made the best out of the advancements in agriculture over past few decades.While Green Revolution of the 1970s is one of the biggest milestones in this regard, farm mechanizationis the talk of the present. The latest trends suggest that considerable numbers of farmers have startedopting for machines, beyond tractors, thanks to a number of favourable aspects. The following sectionsshare some of the exciting trends about the growing acceptance of Agricultural Machinery in India.Farm Power Sources – From Animate to Technology-basedThe contribution of animate sources (farm workers and draught animals) towards farm powerdramatically reduced from about 92% in the 1960s to about 9.5% in 2014-15. At the same time, thecontribution of mechanical and electrical sources increased significantly from about 8% to about 90.5%over the same period. Another interesting trend is about the degree of farm mechanization whichincreased slowly from 0.48 KW/ha to 1.84 KW/ha between mid-1970s and 2013-14 but gained
momentum to reach 2.02 KW/ha by 2016-17 (Source: Press Information Bureau). Each of these trendsindicates the growing approval of farm machines.Upward Demand of Agricultural MachineryThe number of tractors sold between 2010 and 2014 increased from 4,02,586 to 6,34,151 while thenumber of power tillers increased from 38,794 to 56,000 over the same period (Source: EIMAAgrimach). Also, the contribution of tractors towards farm power increased from 118.2 million KW in2011-12 to 136.7 million KW in 2013-14 (Source: ICFA).It is also notable that the farm mechanization market value that was INR 320 billion in 2015-16 isestimated to reach INR 400 billion by 2019-20, growing at the CAGR of 5.74% (Source: ICFA). The urgefor increased productivity, decline in farm labour availability and continuous migration from rural tourban areas are some of the factors behind these trends.Innovations in Women-Friendly MachinesAbout 60% of women in India are involved in agricultural activities. The statistics are high as comparedto 40% of Latin America, 44% of Thailand and even 42% of the world. As a result, there is a growingtrend of designing women-friendly Agricultural Machinery in India. Some of these machines include thehand-operated maize dehusker-cum-sheller, finger guard for flower plucking, paddle-operated paddythresher and strippers for sugarcane and groundnut (Source: UN-SCAM).Increasing Initiatives from GovernmentThe Ministry of Agriculture and Farmers Welfare launched the Sub-mission on AgriculturalMechanization (SMAM) in 2014-15 to promote agricultural machines among farmers with small andmarginal land holdings. The mission also extended its reach to the areas where mechanization is still atvery low level.
Page 2 and 3: AbstractThe Indian agricultural mac
Page 4 and 5: vote bank for a government that wan
Page 6 and 7: Escorts TractorsEscorts Group opera
Page 8 and 9: Current manufacturers of tractors i
Page 12: Promotion of farm machinery is one

Farm Equipment Market In India

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?