BIS Research - Emerging Technology Market Intelligence

BIS Research at the India Off-Highway Vehicle Summit 2019

Dec 10, 2019 4:23:55 AM / by BIS Research posted in India Off-Highway Vehicle Summit 2019, India off-highway vechicle

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The India’s agriculture equipment market is thriving with the rapid urbanization and investment from all the level of local governments. India is a $2.6 trillion economy and has seen growth in the upward of 6% in the past decade. India has approximately 18 million hectares of arable land, which makes for India’s position as the 2nd highest farm output producing country in the world, only next to China. India is home to more than 0.8 billion individuals who depend on Agriculture for their livelihood.

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