“The Union Budget 2018-19’s strong pro-farmer focus can provide a much-need stimulus to the agriculture sector. Increasing MSP on Kharif crops, larger food processing sector allocation, and other farm programmes can accelerate the sector’s growth. We also appreciate the budget’s focus on increasing farmer income and profitability, through better farm price realization and adoption of low cost farming practices. The resulting growth can incentivize farmers to invest in mechanisation to expand the volume of produce from their land parcels.”
Related Articles
Financial
Union Budget 2018 – Quote from Mr Jerome Saigot, MD, Nissan India
“Union Budget 2018-19 is a reaffirmation of the government’s commitment to sustainable economic growth. The sustained focus on building road and transport infrastructure, skill development and job creation will help in in creating a positive […]
Commercial Vehicles
Sonalika International Tractors Ltd., the 3rd largest tractor manufacturing company in India aims to double its revenue by 2020
Sonalika International Tractors Ltd., the 3rd largest tractor manufacturing company in India aims to double its revenue by 2020. The company that produces bestselling tractors between 20 HP to 120 HP is on the path […]
Financial Results
Sonalika ITL’s annual revenue grows by 17%, a remarkable 4268 crores
Highest ever sales of 81531 tractor units Registering growth more than industry, increased market share from 11.9% to 12.3% Company has increased its manufacturing capacity to 3 lakhs per annum with the onset of its […]
