According to 6Wresearch, India agriculture equipment market size is projected to grow at a CAGR of 9.5% during 2019-25. The effect of favorable monsoons expected over the coming years along with government policies to support farmers and double farmer’s income by 2023 would be reflected in the growing purchasing power that would, in turn, lead to an increase in demand for farm equipment in India during the forecast period.
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"India Agriculture Equipment Market (2019-2025)" report provides an in-depth analysis with 43 figures covered in 106 pages. The report estimates and forecast the overall India agriculture equipment market by equipment, HP range and region. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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