Indian Used Agricultural Equipment Market is expected to grow at a CAGR of ~22.7% between FY’21 to FY’26: Ken Research Trickle effect of the growing new farm equipment market and rise of contract farming among small & marginal farmers are key growth drivers to Used Agri-Equipment Market in India. The effects of recent initiatives such as SMAM and NFSM, will be first seen in the new agri-equipment market and subsequently to the used agri-equipment market,… Read More »
India Used Agricultural Equipment Market – Revenue, Sales, Growth, Analysis, Major Players and Forecast: Ken Research Buy Now India Used Harvester Market Segmentation By New vs Used Purchase– With the average life-span of the harvester being more than other equipment besides tractor, harvesters change hands less often. Thus, there exists a wider gap between new and used harvester market in India, with ~X new harvester being sold in FY’21 for every… Read More »
Indian Used Agricultural Equipment Market is expected to grow at a CAGR of ~22.7% between FY’21 to FY’26: Ken Research “Rapid adoption of mechanization of Indian agriculture, fueled by purchase subsidies offered by the Government has driven the growth of Used Indian Agricultural Equipment Market in India.” Despite the impact of COVID induced lockdowns, the agriculture sector has observed a robust growth rate of ~3.4 % at constant prices during FY’21. The Indian used agricultural… Read More »
Indian Used Agricultural Equipment Market Outlook to 2026: Ken Research The report titled “Indian Used Agricultural Equipment Market Outlook to 2026 (Including Tractors, Harvesters, Power Tillers and Tractor-Attachable Equipment): Driven by rising adoption of small and marginal farmers and government subsidy to increase the demand of used equipment” provides a comprehensive analysis of the Used Agricultural Equipment market, and the financing ecosystem of such equipment… Read More »
Which are the Largest Companies in The Market? : Ken Research The tiller market in India is dominated by a few large players that have accounted for ~% of the market in terms of sales volume during FY’2016. Major companies operating in this space include VST Tiller Tractors Ltd., KAMCO, Greaves Cotton Ltd., Honda Siel Power Products Limited and ASPEE Group. VST is one of the… Read More »
India Agricultural Implements Market Outlook to 2021- Ken Research Ken Research Latest Report on “India Agricultural Implements Market Outlook to 2021 – Government Subsidies under SMAM (Sub-Mission on Agricultural Mechanization) and Increasing MSP (Minimum Support Price) to Foster Growth” provides a comprehensive analysis of the agricultural implements market in India. The report covers aspects such as the market size on the basis of sales… Read More »
