Wednesday, May 6, 2020

Agricultural Machinery Market A Case Study Essay

Agricultural Machinery Market A Case Study Department of mechanical Assistant Professor and Industrial Engineering Department of mechanical and Industrial Indian Institute of Engineering Technology Roorkee Indian institute Of Technology Roorkee Table of Contents I. Introduction Problem Highlights Topic Justification scope and limitations II Policy III Tractor sales IV Growth in different segment IV Indian agricultural machinery in the world V Farming land per farmer VI conclusion Introduction India is an agricultural country. Seventy percent of its people live in villages. One-third of our National income comes from agriculture. Our economy is based on agriculture. The development of agriculture has much to do with the economic welfare of our country. Agricultural market is continuously increasing for the past couple of decades in India as the technology is developing. The continues increasing demand of food products has resulted in the increased demand of food grains and thus has increased the use of farm machinery in rural areas. India is seeing the movement of labour from rural to urban areas which with the demand of increasing production efficiency in food product is the evidence that there is a future for farm mechanization in India. 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