ICRA Raises FY26 Tractor Industry Growth Outlook to 15–17% on GST Cut, Strong Rural Demand

ICRA has sharply upgraded its growth outlook for India’s tractor industry, revising its wholesale volume growth estimate for FY2026 to 15–17%, from an earlier projection of 8–10%. The revised forecast also marks a significant acceleration from the 7% growth recorded in FY2025, si

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