Mahindra Farm Equipment raises growth forecast to 6-6.8% for FY25, eyes 16% tractor market growth in H2, ET Auto

Mahindra Farm Equipment raises growth forecast to 6-6.8% for FY25, eyes 16% tractor market growth in H2, ET Auto

Mahindra Farm Equipment, a part of Mahindra and Mahindra’s agriculture industry arm, expects 6-6.8% growth for FY 2025. The company showcased prototypes of alternative fuel tractors such as CNG, CBG, and LNG but is not looking to launch electric tractors. Despite global challenges, the company maintained its position as India’s largest tractor manufacturer with a…

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Industry eyes electric tractor adoption amid mounting challenges, ET Auto

Industry eyes electric tractor adoption amid mounting challenges, ET Auto

Several companies in India are working to electrify the off-road transport sector, particularly in the agriculture industry. The Government of India has introduced various schemes to boost electric vehicle adoption in the country. While the trend of electrification is growing, the agriculture sector faces challenges in adopting electric tractors. Industry experts believe that with technological…

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