Making India A Global Power House in the Farm Machinery Industry
NCAER’s White Paper on the “Making India A Global Power House on Farm Machinery Industry” was released by Hon’ble Ms. Shobha Karandlaje, Minister of State for Agriculture and Farmers' Welfare. The focus of this paper is on non-tractor farm machinery because India is already one of the global leaders in tractors. The twin objectives of this paper are to recommend to policymakers key strategic actions to be taken to foster the growth of the non-tractor farm machinery industry in India and make it into a global production hub, and to improve the match between the needs of Indian farmers and Indian farm machinery producers in terms of price, quality and efficiency of the machinery. This will make India a global powerhouse for farm machinery and enable farmers to improve crop yields, farm productivity and their overall lives.