Wednesday, March 4, 2026

India’s tractor industry faces muted growth amid El Nino concerns, says HSBC

The tractor sector in India is bracing for a gradual slowdown in growth over the next few years, largely due to worries about a subpar monsoon affecting demand in rural areas. Nevertheless, the silver lining lies in the strong levels of water reservoirs and an ongoing need for replacements, which should help maintain some stability.

from Auto-Industry-Economic Times https://ift.tt/VJysLUo

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