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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Automobile | From autonomous technology to biofuels, what are the future trends in Indian tractor industry?
Description: In this episode of the State of the Economy podcast, businessline's S Ronendra Singh discusses the tractor market in India with Gaurav Saxena, Director & CEO - International Business at International Tractors Limited.In September, the retail sales of tractors in the domestic market experienced a 10% year-on-year decline to 54,492 units, compared to 60,321 units in September 2022. However, the market displayed 14 per cent year-on-year growth in the first half of the current fiscal year, reaching 444,340 units, up from 389,850 units during the same April-September period in the previous year. Despite the recent slowdown, tractor sales have contributed to the overall growth...