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Tractor Growth Likely To Slow

Tractor Growth Likely To Slow

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ICRA expects tractor industry growth to moderate to 1–4% in FY27 due to a high base effect, weaker monsoon outlook and lower kharif acreage. Key Highlights ICRA Expects Slower Tractor Demand India’s tractor industry is expected to witness slower growth in FY27, with rating agency ICRA projecting volume expansion of...

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