Tractor Industry

Global Machinery Industry Outlook

Global Machinery Industry Outlook: IMF world economic outlook report 2012   Demand for the Machinery industry is correlated with increasing economic activity, which stimulates demand for industrial products and hence increases the need for new/advanced machinery. The major end-markets for the machinery industry include agriculture, construction, mining and energy industries, among others. Machinery Prospects Bright … Continue reading

World Economic Outlook 2012 – IMF Report
Economics & Politics / Tractor Industry

World Economic Outlook 2012 – IMF Report

World Economic Outlook 2012 – IMF Report (PDF copy of the IMF April 2012 Report : World Economic Outlook 2012 – IMF Report) In line with the downward revision of India‘s GDP forecast by various agencies (both Indian and Global), IMF too has marginally downgraded the 2012 GDP forecast for India. The overall economic scenario across the … Continue reading

Global Agricultural Machinery Market: Outlook 2012
Economics & Politics / Tractor Industry

Global Agricultural Machinery Market: Outlook 2012

Global Agricultural Machinery Market: Outlook 2012    Global Agriculture production 2010-11: Mixed Results During 2010/11 harvest turned out well worldwide except Europe. In 2011 the volume of grain harvested in the European Union was around 283 million tonnes, which is 2% above the average for the previous five harvests. Wheat harvest was 130 million tonnes, … Continue reading

Indian Agriculture Sector: Macro Overview
Economics & Politics / Rural India

Indian Agriculture Sector: Macro Overview

Indian Agriculture Sector Things seems to be picking up at micro level for Indian Agriculture as this Reuter report of today indicates http://in.reuters.com/article/2012/04/19/india-farms-mechansiation-idINDEE83I01820120419 But lots more needs to be done to focus on & achieving a constant decent growth rate for Agriculture sector in India.  Lets take a macro look at the Agriculture sector of India. … Continue reading

Indian Agriculture and Tractor industry Update: April 2012
Tractor Industry

Indian Agriculture and Tractor industry Update: April 2012

It happens only in India! Indian agricultural sector Agriculture’s contributes to India’s total GDP is declining in recent years and is currently at  ~18% Agriculture in India is currently growing at an average rate of 2.8% But, Agriculture has always the key sector of India’s economy, and will continue to be the critical sector for … Continue reading

Economics & Politics

#Budget2012 A Sad Story: No-one in current Indian Government seems to be Pro-Reform…

Yet another opportunity for reform lost. Seems like India doomed to lose out  another decade in terms of economic development. Nothing is going to happen the new government comes to office in 2014. Even then, one can not be sure that people will make the right choices, considering the outcome of recently concluded UP 2012 … Continue reading