Tractor sales, the JM Financial study said, were most sensitive to El Nino conditions, recording weaker sales growth during ...
Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions ...
https://www.thehindubusinessline.com/economy/agri-business/domestic-tractor-sales-fall-8-in-fy24-on-el-nino-impact/article68058563.ece Copy The tractor industry has ...
El Niño tends to disrupt rainfall patterns across India, often leading to below-normal monsoons, lower reservoir levels and pressure on farm incomes—factors that directly influence rural demand for ...
A recent report by ICRA forecasts a slowdown in India's tractor industry growth to 1-4% for FY27, influenced by potential monsoon challenges and El Niño conditions. Despite past successes, the report ...