rural economy: The rural economy is under stress, says Mahindra & Mahindra; cuts tractor industry sales forecast for FY24
Tractor market leader, Mahindra and Mahindra has cut its forecast for the domestic tractor sales for the industry for FY24 citing weakness in the rural economy. Against its earlier forecast of low single digit growth, it now expects tractor sales in the world’s largest market for such implements to decline 5% year-on-year. For the current … Read more
