According to the latest report by IMARC Group, titled “Indian Agriculture Implements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast by 2025”, the Indian agriculture implements market size. Agricultural implements are manual and mechanical tools that are used to perform various farming practices. Earlier, farmers in India relied on simple hand-held and animal operated implements for the pulverization, compaction and smoothening of the soil. However, in recent decades, they have started adopting modern and sophisticated agricultural tools, including combine harvesters, rice trans-planters, power tillers, threshers, tractors and pumping sets. These implements help in improving crop efficiency, minimizing manual labor and reducing related costs. Also, large-scale farm mechanization has improved the quality, availability and performance of agricultural equipment, therefore resulting in better agrarian productivity in the country.
Some of the leading players operating in the market are Mahindra & Mahindra, Tractors and Farm Equipment Limited, International Tractors Limited, Escorts Limited, John Dee.
Request Free Sample Report: https://www.imarcgroup.com/indian-agricultural-implements-market/requestsample
India is the second-most populated country, accounting for 17.74% of the total world population. With the large population, along with the consequent rise in the demand for food, the need for various agricultural products has increased significantly. As a result, farmers are adopting advanced technologies and increasing the level of mechanization in their farming practices. Besides this, the acute shortage of skilled labor for agrarian activities has further led to the growing demand for agricultural equipment. Owing to this, various schemes have been introduced by the government to assist farmers to buy the implements. For instance, initiatives such as Kisan Credit Card, National Mission on Agricultural Mechanization (NMAM), and Tractor Subsidy Scheme have significantly contributed to the sales of these implements. Also, several banks and micro-finance institutions have enhanced the availability of credit for purchasing farm machinery.
Market Breakup by Product Type:
- Tractors
- Rotavators
- Threshers
- Power Tillers
- Manual
- Mechanized
- B2C
- B2B
- Product Overview
- Major Components of Multi Crop Thresher
- Raw Material Requirements
- Multi Crop Thresher Manufacturing Plant: Types of Units and Operations Involved
Competitive Landscape Key Players:
- Mahindra & Mahindra
- Tractors and Farm Equipment Limited
- International Tractors Limited
- Escorts Limited
- John Deere
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally—our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.