Tractor demand may sink to three-year low as dry farms bite

Tractor sales are projected to fall by up to 10% year-on-year as arid conditions hit farm demand, and dealers in some markets report sharp declines in entry-level cars and two-wheelers too. Sales had risen 8% to 610,000 units in the first half, according to the Tractor and Mechanisation Association. Rural-heavy motorcycle and car segments are feeling the strain.