“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
India
Sonalika ITL continues its growth trajectory by registering 26.9% growth in February 2017
08 March 2017, Mumbai: Sonalika International Tractors Ltd, India’s third largest tractor brand, makes remarkable progress by registering a whopping 26.9% growth, with a market share of 13% this February. The company sold 5549 units, […]
India
Sonalika ITL Export surge by 32% in Nov 2016
Sonalika ITL, one of the top 3 tractor players in India, reports 32% growth in their exports in Nov 2016 month vs Nov 2015. The company has exported 1059 tractors this year, against 800 tractors […]
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 […]
