Farm Equipment Market In India
The Indian farming sector is reliant to a great extent on agricultural equipment, since it helps in increasing productivity, at reduced costs, with lower human and animal effort. Some of the common agricultural machinery used in India include cultivators, tractors, and planters mowing tools.
The Indian farming sector is reliant to a great extent on agricultural equipment, since it helps in increasing productivity, at reduced costs, with lower human and animal effort. Some of the common agricultural machinery used in India include cultivators, tractors, and planters mowing tools.
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Promotion of farm machinery is one of the many aims of the National Food Security Mission. One of its
achievements during 2015-16 was the distribution of huge numbers of rotavators,drill-cum-planters,
laser land levellers, power-operated spray pumps, tractor-operated sprayers and many other machines
in the states of Punjab and Haryana (Source: Agricoop).
Other similar programs include RKVY and NHM. Setting up of more numbers of research, development
and testing units is going to enhance the popularity of agricultural machinery in India. In few years from
now, we would have much more exciting trends about farm mechanization in hand.
Conclusion
The Indian government's commitment towards rural development through agro-mechanization is likely
to boost the agricultural machinery market in India. Also, government subsidies and low import duties
on agricultural equipment have made such heavy machinery affordable for farmers, thus increasing
sales volumes.
Large scale migration from rural to urban areas has led to a shortage of labour in the farming industry.
Therefore, to fulfil the rising demand for agricultural products by the growing Indian population, farmers
are forced to use automatic machinery that ensure high productivity, in less time, with limited human
effort.
References
Feb 2020 | fieldking160052185.wordpress.com |The Agriculture Machinery Market in India | Retrieved
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https://fieldking160052185.wordpress.com/2020/02/14/the-agriculture-machinery-market-in-india/
https://www.fieldking.com/
Top 15 Tractor Manufacturing Companies in India | walkthroughindia.com | Retrieved on 18.02.2020
from
http://www.walkthroughindia.com/industry/top-15-tractor-manufacturing-companies-in-india/
Trevor English, July 2016 | interestingengineering.com | 6 Machines that Make Modern Farming More
Productive | Retrieved on 18.02.2020 from
https://interestingengineering.com/6-machines-make-modern-farming-productive
Agricultural Machinery – Changing Trends in India | kmwagri.com | Retrieved on 18.02.2020 from
https://kmwagri.com/agricultural-machinery-changing-trends-in-india
Agricultural Machinery Market in India, Trends, Growth opportunities and Demand Forecast, 2018-2023
|marketwatch.com| Retrieved on 18.02.2020 from
https://www.marketwatch.com/press-release/agricultural-machinery-market-in-india-trends-growthopportunities-and-demand-forecast-2018-2023-2019-09-18
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