ICRA expects tractor industry growth to slow to 1-4 per cent in FY27 as a weak monsoon outlook and high base weigh on demand despite healthy OEM margins.

Tractor industry volume growth is expected to moderate to one to four percent this fiscal year. This moderation follows a strong growth of twenty-three point five percent in the…

ICRA expects tractor industry growth to slow to 1-4 per cent in FY27 as a weak monsoon outlook and high base weigh on demand despite healthy OEM margins.