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Covid Break: Rural impact to limit tractor sales growth, says report
TIWN
Covid Break: Rural impact to limit tractor sales growth, says report
PHOTO : TIWN

New Delhi, May 19 (TIWN) Growth in domestic tractor sales volume might get limited to 3-5 per cent this fiscal on the back of strong second wave of Covid-19 infections and rising cases in hinterland, apart from high-base effect of last fiscal, said Crisil Ratings on Tuesday.

Accordingly, the agency said that trend is expected to take place despite the forecast of a normal monsoon auguring well for farm incomes and therefore tractor demand.

 

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