Agricultural Equipment Market in India 2015 captures the overall
domestic agricultural equipment market. The market comprises land development,
tillage and seed development machines, sowing and planting machines, weeding
and inter-cultivation machines, plant protection machines, harvesting and
threshing machines, post harvesting and agro processing machineries, water
lifting, horticultural tools and equipment. Globally, the industry is expected
to grow at a steady pace due to the rising demand from Asia Pacific, especially
India and China. Indian agricultural equipment market is also registering
steady growth. Increased mechanization in agricultural sector amidst low
availability of labor along with better rainfall conditions stimulates the
demand for tractors among farmers. Improved availability of credit, emergence
of contract farming, increased agricultural production targets comprises some
of the key factors propelling the agricultural equipment market.
However, the industry also has to contend with several bottlenecks.
Fragmentation of land and high cost of equipment pose a hindrance to the growth
of the industry. Gender friendly equipment and is slowly gaining prominence.
The market has huge opportunity in some of the Indian states such as Bihar,
Karnataka and Punjab. Indian agricultural equipment market is poised to grow
over the coming years along with the steady economic growth of the country.
Spanning over 111 pages, “Agricultural
Equipment Market in India 2015” report covers the Executive
Summary, Macroeconomic Indicators, Introduction, Market Overview, Export-Import,
Direct Investment Scenario, Drivers & Challenges, Government Initiatives,
Trends, Competitive Landscape, Market Opportunities, Strategic Recommendations,
Appendix. The report covered companies are - Force Motors Ltd., HMT Ltd.,
Mahindra & Mahindra Ltd., Shivagrico Implements Ltd., VST Tillers Tractors
Ltd., Escorts Ltd., Tractors and Farm Equipment Ltd., LEMKEN India Agro
Equipment Pvt. Ltd., SAS Motors Ltd., Indo Farm Equipment Ltd.
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further information on this report, please visit- http://mrr.cm/4G7
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