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GST bill will give a boost to the agriculture sector

GST bill will give a boost to the agriculture sector

29 August, 2016 Total Views 596

Tsunami of debates and discussions came crawling in ever since the GST bill been given a go-ahead from the centre. As the passage of the GST bill rolls in towards scripting history in the Indian economy, various sectors agreed-disagreed with the India’s biggest tax reform. While PM Modi made a strong pitch saying it will put an end to tax terrorism, some were skeptical if India was ready to take such a great leap forward.

Indian agriculture sector which contributes around 16% to GDP, are yet to pull down the curtain on how the implementation of the bill would affect the sector as there are mostly marginal and small farmers in the country. However, many lauded the centre’s decision saying it will help in the free flowing of the agri-products without any hindrance although there might be slight variation in taxation.

“Farmers appreciate this decision,” claimed P. Chengal Reddy, Chief Advisor of the Consortium of Indian Farmers Association (CIFA).

“GST is like a big boost to the agriculture sector,” commented PPS Pangali, President of BORLAUG Farmers Association for South Asia.

“Interstate moving needs permission or approval as there are various taxes charged by different states. Now, this GST bill will solve most of the problem and will pave way for free market and moving from one part to another for retail and processing. Traders when they take a particular product across the country, at every point they are subject to various taxes, approvals, permissions and license. So this GST bill is the first act towards total liberalization of agriculture marketing,” explains Chengal Reddy to Krishi Jagran.

While Pangali feels that the introduction of the constitution (122nd) amendment bill will play a weighty role in the affordability of agri-machineries. “It will give incentives on the sale of diesel which is the main product with which trucks carrying goods and tractors on the field operate. Incentive to agri-machinery on which excise duty is high will make it easily affordable than Chinese machinery. In India, where the farmers are mainly small and marginal and cannot afford expensive machineries, it will be a positive factor,” Pangali said.

However, the agri-commodity sector is still hanging by thread as to whether the APMC or mandi taxes will be abolished and only GST will be applicable.

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Tractor Sales January 2020; John Deere Tractor Recorded 46 Percent Growth

Tractor Sales January 2020; John Deere Tractor Recorded 46 Percent Growth

Domestic tractor sales grew by 4.7% y-o-y in January 2020 on account of low base and better monsoon, although lower commercial activity kept it from growing further. One of the most important factor in this growth is South Indian market. Demands from South India market is getting strong from Dec’19. Domestic sales of Mahindra Tractor in January 2019 were recorded 20948 units and in January 2020 tractor sales were recorded 22329 units. This shows a clear 6.6% increase in the sales of Mahindra tractor. In FY’20 (Apr-Jan) due to weak demand from East & South India market, Mahindra tractor sales decreases 30% and 26% cumulatively . India’s no. 2 Tractor manufacturer TAFE is losing market share month on month. In January 2020 TAFE tractor sales 8184 units against 9046 units in January 2019. This shows TAFE sales dropped by 9.5%. In FY’20 (Apr-Jan) Tafe loses 1.27% in market share PAN India. Rajasthan which is strongest state of TAFE they lose 3.23% Market share and in Gujarat TAFE lose 3.39% MS to competition in FY’20 (Apr-Jan) . In Jan 2020 John Deere becomes no. 3 tractor manufactures in domestic sales. John Deere tractor sales 6926 tractors in January 2020 comparison to 4731 tractors in January 2019 recorded 46.4% growth. It is a very good sign for the company. John deere registered 73.8% growth in South India and 51.7% growth in West India. Escorts Tractor - In January 2019 domestic sales of Escorts tractor were 5762 units and in January 2020 domestic sales were recorded 5845 units. This clearly shows the growth of 1.4% in the sales of Escorts tractors. IN FY’20 (Apr-Jan) Escorts Tractor production decline 31% in 31-40 HP Segment which showing Escorts brand Powertrac is losing sales in this segment on other side Escorts registered 52.5% growth in Up to 30 HP segment. That indicates Escorts Farmtrac ATOM is now generating more demand. Sonalika Tractors January 2019 records 5800 units Sonalika tractor sales record on the other hand in January 2020 Sonalika tractor sales were recorded 5585 units. This shows a 3.7% decline in sales. In FY’20 (Apr-Jan) Sonalika Tractor sales declined 31% in East India and 14.3% in South India. New Holland tractor sales decline by 9.5% in January 2020 as compared to January 2019. 1726 units tractor sales recorded in January 2019 whereas 1557 units tractor sales recorded in January 2020. In FY 2020 (Apr-Jan) New Holland Tractor sales decline 43% in East India and 17% in South India. Kubota Tractors recorded 28% growth in January 2020. In January 2019 sales were 661 units and in January 2020 sales were 846 units. Captain Tractors recorded 144.6% growth in domestic sales of tractors. In January 2019 sales were 204 units and in January 2020 sales were 499 units. Force Motors recorded a growth of 6.6% tractor sales. Force Tractor sold 308 tractor in Jan’ 20 VST Shakti tractors In January 2020 VST Shakti tractor sales were declined by 3.9% in comparison to January 2019. ACE Tractors Sales decreased by 36.8% in January 2020 in comparison to January 2019. Preet tractor Sales decreased to 156 units as compared to505 units sold in January 2019. Indo Farm equipments in January 2020 6.6% sales increased as compared to January 2019.

ITOTY Awards  के दूसरे संस्करण का इंतजार शुरू

ITOTY Awards के दूसरे संस्करण का इंतजार शुरू

भारतीय ट्रैक्टर उद्योग को समर्पित ट्रैक्टर जंक्शन के पहले ITOTY Awards - 2019 (इंडियन ट्रैक्टर ऑफ द ईयर अवार्ड) की लोकप्रियता के बाद अब 2020 में दूसरे ITOTY Awards का इंतजार शुरू हो गया है। ट्रैक्टर जंक्शन ने पिछले साल 3 मई 2019 को दिल्ली में भारतीय ट्रैक्टर उद्योग के लिए ट्रैक्टर और कृषि उपकरणों को कवर करने के लिए इस अवार्ड समारोह का आयोजन किया था। आपको बता दें कि Escorts Powertrac Euro 50 को पहला ITOTY Awards मिला था। पहले अवार्ड शो में देश सहित विश्व की प्रतिष्ठत ट्रैक्टर कंपनियों, सैकड़ों डीलरों व हजारों की संख्या में किसानों ने भाग लिया था। ट्रैक्टर जंक्शन के फाउंडर रजत गुप्ता के अनुसार भारत दुनिया के सबसे बड़े ट्रैक्टर उत्पादकों और बाजार के लीडरों में से एक है। भारतीय कृषि और किसानों के उत्थान के लिए जी-जान से पर्दे के पीछे काम करने वाले रचनात्मक व्यक्तियों को प्रोत्साहित करना आवश्यक है। भारत में कृषि यंत्रीकरण हमेशा तेजी से बढ़ता रहा है। ऐसे में ट्रैक्टर जंक्शन इस बात को लेकर लगातार काम कर रहा है कि एक नए इको सिस्टम में तकनीक और फंक्शनलिटी को लेकर कई नई चीजों को शमिल किया जा सके। हमारा मकसद निर्माता, डीलर्स और ग्राहकों के बीच की दूरी को कम करना है। देश में ITOTY का कॉन्सेप्ट मात्र एक साल पुराना है जबकि इंडियन कार ऑफ द ईयर ((ICOTY)) और इंडियन मोटरसाइकिल ऑफ द ईयर ((ICOTY)) पिछले 10-15 सालों से हो रहा है। ITOTY में पिछली बार की तरह इस बार भी 25 से अधिक अवार्ड केटेगरीज को शामिल किया जाएगा। इनमें Tractor of the Year 2020, New Launch of the Year 2020, Best CSR Initiative for Farmers, Best Design Tractor जैसे अवार्ड शामिल होंगे। इसमें अनुभवी जजों का पैनल होगा। इसके अलावा ग्राहक अपनी पंसद के प्रतिभागी की जीत के लिए वोटिंग भी कर सकेंगे। इस पूरी प्रक्रिया में इस बात का सख्ती से पालन किया जाएगा कि वोटिंग प्रक्रिया पारदर्शी और निष्पक्ष हो। इस वोटिंग प्रक्रिया में कई अवार्ड कैटेगिरी में ग्राहक और जज अपना फैसला देंगे। इनमें फ्यूल की बचत, तकनीकी उन्नति, आराम, स्टाइल, सुरक्षा और परफॉर्मेंस, वैल्यू फॉरमनी, नयापन जैसे फैक्टर शामिल होंगे। लगातार बढ़ेगा ट्रैक्टर और कृषि उपकरणों से जुड़ा बाजार : रजत गुप्ता के अनुसार भारत में आबादी के एक बड़े हिस्से की आय का प्रमुख स्त्रोत खेती और उससे जुड़े अन्य क्षेत्र हैं। देश में कृषि उत्पादन बढ़ाने में ट्रैक्टरों और कृषि यंत्रों का बड़ा योगदान है। देश में हर साल औसतन 7 से 8 लाख ट्रैक्टरों की बिक्री होती है। कृषि यंत्रीकरण से जुड़ी लगभग सभी कंपनियां लगातार बढ़ रही हैं। देश में 5 मिलियन ट्रैक्टर किसानों के पास हैं जो 1.5 एचपी/एचए से कम रेंज के हैं जबकि विकसित देशों में 8 से 10 एचपी/एचए के ट्रैक्टर प्रयुक्त हो रहे हैं जिससे देश में ट्रैक्टर व कृषि यंत्रीकरण के क्षेत्र में विकास की बहुत गुंजाइश है। भारत में 159.2 मिलियन हैक्टेयर के कृषि योग्य क्षेत्र में से 13 मिलियन हैक्टयेर क्षेत्र में ट्रैक्टरों की आवश्यकता होती है। ऐसे में वित्त वर्ष 2027 तक ट्रैक्टरों के बाजार में निरंतर वृद्धि की अपार संभावना है।

एस्कॉर्ट ने जनवरी माह  में बेचे 6,063 ट्रैक्टर, बिक्री में 1.2 प्रतिशत की बढ़ोत्तरी

एस्कॉर्ट ने जनवरी माह में बेचे 6,063 ट्रैक्टर, बिक्री में 1.2 प्रतिशत की बढ़ोत्तरी

देश के प्रमुख ट्रैक्टर निर्माताओं मे शुमार एस्कॉर्ट्स के कृषि मशीनरी खंड (ईएएम) ने जनवरी 2020 में 6,063 ट्रैक्टर बेचे हैं। इंजीनियरिंग समूह एस्कॉर्ट्स लिमिटेड ने बताया कि उसके कृषि मशीनरी खंड ने जनवरी 2020 में 6,063 ट्रैक्टर बेचकर बिक्री में 1.2 प्रतिशत की वृद्धि दर्ज की है। कंपनी ने पिछले साल जनवरी 2019 मेें 5,991 ट्रैक्टर बेचेे थे। जबकि दिसंबर 2019 में कंपनी ने घरेलू बाजार में 3,806 ट्रैक्टर बेचे थे, जो कि एक साल पहले की अवधि में 4,212 ट्रैक्टरों के मुकाबले 9.64% की गिरावट दर्ज की । वहीं जनवरी 2020 में कंपनी के निर्यात में 4.8 प्रतिशत की मामूली गिरावट आई है। जनवरी 2020 में 218 ट्रैक्टर निर्यात किए गए जबकि जनवरी 2019 में 229 ट्रैक्टर निर्यात किए गए थे। एस्कॉर्ट्स समूह एक भारतीय इंजीनियरिंग कंपनी है जो कृषि-मशीनरी, निर्माण और सामग्री हैंडलिंग उपकरण और रेलवे उपकरण के क्षेत्रों में काम करती है।

Tractor Sales December 2019: New Holland Tractors registered 50% yoy growth

Tractor Sales December 2019: New Holland Tractors registered 50% yoy growth

Domestic tractor sales increased by 2.4% y-o-y in December 2019 on account of a low base and better monsoon, although lower commercial activity kept it from growing further. Exports declined by 13.1%. Mahindra Tractor Domestic sales in December 2019 were at 17,213 units, as against 16,510 units during December 2018. Total tractor sales (Domestic + Exports) during December 2019 were at 17,990 units, as against 17,404 units for the same period last year. Exports for the month stood at 777 units. Commenting on the performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, "We have sold 17,213 tractors in the domestic market during December 2019 with a growth of 4% over last year. Tractor demand looks positive in the near term led by the expectation of a better Rabi output, supported by crop prices and government thrust on irrigation, rural infra & Agri sector. In the exports market, we have sold 777 tractors". TAFE group reported a 4.7 per cent decline in Tractor sales for December 2019 as compared to the same period last year, from 7,296 units to 6,952 units. TAFE group lost the highest 1.22 per cent market share in Dec’19 to competitors. As we earlier told you FY 2020 is not so well for Tafe group. Cumulatively, the company sold 98,183 units of tractors in domestic market during April-December 2019 period against 1,16,747 last year, down by 15.9 per cent and lost 1.17 per cent market share. According to ICRA, weak rural sentiment and uneven monsoon may impact kharif crop output and farm incomes going forward, which will result in a moderate decline in domestic volumes. Data from Industry apex body Tractor Manufacturers’ Association showed tractor sales fell from 8,40,804 units in January-November 2018 to 7,23,197 units in the same period this year. During the April-December period of FY20, tractor sales fell by nearly 10.3 per cent on year. Sonalika Tractors were at No.3 on the list of best sellers in Dec’19 despite a significant reduction in sales. Company sold 4,963 tractors in Dec’19. Sonalika maintained 11.59 per cent market share in Dec month and 11.53 per cent during April-December 2019. Sonalika’s MS in FY’20 dipped by 0.42 per cent. John Deere performed extremely well and become no. 4 player in Dec’19, sales increased by 13.1 per cent in compare to Dec’18. As tractor sales in Telangana and South India is started recovering now, John Deere is growing towards 10 percent market share in India. John Deere sold 4,695 units of tractors in compare of 4,151 of last year Dec Month. So far FY2020 (Apr-Mar) was so well spent for John Deere as they sold Cumulatively, 51,423 units of tractors in domestic market during April-December 2019 period against 54,076 last year, down by 4.9 per cent but gained 0.52 per cent market share in domestic market. Escorts sales of dipped by 9.64 percent in the past month. Sales which had stood at 4,212 units in Dec 2018 dipped to 3,806 in Dec 2019 . Escorts managed to have 8.89 percent market share in Dec’19. Which decreased by 1.19 percent yoy. New Holland Tractors registered highest growth among all in Dec’19, sales increased by 50.3 percent in compare to last year. Sales which had stood at 1,569 units in Dec 2018 jumped to 2,358 last month. New Holland Tractor registered 1.75 percent growth in Market share. Kubota Tractors sales surged to 1,233 units, up 47.7 percent as compared to 835 units sold in Dec 2018. Cumulatively Kubota registered 24.3 percent growth which is highest in growth during April-Dec 2019 . Same Deutz Fahr Tractors sales decreased by 31.5% to 285 units in Dec’19 against 416 units in December 2018. V.S.T. Tillers, Tractor sales also tumbled 23.6% to 350 units in Dec’19 against 458 units in December 2018. Captain Tractor’s sales surged by 40.4% to 271 units in Dec’19 against 193 units in December 2018. Force Tractors sales decreased by 27.9% to 217 units in Dec’19 against 301 units in Dec 2018. Indofarm sales decreased by 6.4% to 191 units in Dec’19 against 204 units in December 2018. Ace Tractors sales decreased by 65.8% to 146 units in Dec’19 against 427 units in December 2018. Preet Tractors sales decreased to 126 units, down by 26.7 percent as compared to 172 units sold in Dec 2018. “Overall, we expect tractor volumes to contact by 7-9 per cent in FY20, with moderation in decline in the second half of the ongoing fiscal. In H1, the domestic industry volumes declined by 12.2 per cent year,” ICRA noted.

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