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Green shoots in rural India set the stage for economic revival.
Jun 30, 2020

Businesses are banking on a bumper harvest and high rural incomes to drive demand for goods after the coronavirus pandemic stunted growth in the country’s cities, where most of the factories and offices are located.
 
Business leaders expect a normal monsoon, record sowing of summer crops, improved winter harvest and a raft of government measures to help farmers and boost rural incomes to boost demand for goods ranging from two-wheelers to tractors. Among others that stand to benefit are consumer durables makers, farm inputs producers, cement companies and essential goods manufacturers.
 
Tractor sales, a bellwether for rural demand, have picked up strongly across rural belts and are headed for a record growth in June, industry executives said.
    

Hindustan Times

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