| 65 percent of India’s population resides in rural India although agricultural produce contributes to a meager 23 percent of the total GDP. Apparently there is a huge scope for agricultural mechanization. |
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Holding pattern of Farmers : |
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18% are Small farmers (area 1.0 – 2.0 hectares) |
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57% are Marginal farmers (area less than 1 hectare) |
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Hence 75% are Small & Marginal farmers in India for whom Power Tillers are very ideal |
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The Indian Government is placing considerable emphasis on rural credit; tie-ups with banks, etc. to promote rural farming through mechanization – power tillers. |
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Power tillers are being distributed under subsidy through various State governments regularly to small and marginal farmers. |
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The Indian market (for power tillers) is about 20,000 units annually. The eastern and southern States are the main markets. |
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West Bengal, Orissa, Bihar and Assam are amongst the most important markets for power tiller manufacturers in this part of this country. |
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