{"id":3802,"date":"2020-07-02T18:57:36","date_gmt":"2020-07-02T18:57:36","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=3802"},"modified":"2020-07-02T18:57:36","modified_gmt":"2020-07-02T18:57:36","slug":"southwest-monsoon-favors-farm-equipment-manufacturers","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=3802","title":{"rendered":"Southwest monsoon favors farm equipment manufacturers"},"content":{"rendered":"<p><\/p>\n<div id=\"story_card\">\n                                                <!--read more button--><\/p>\n<p>                                                <!--read more button--><br \/>\n                                                <!--start Current story content--><\/p>\n<div class=\" current_content serif\">\n<div style=\"display:inline; float: ;\">\n\t<img loading=\"lazy\" decoding=\"async\" align=\"left\" alt=\"Monsoon in India\" class=\"imgCont\" height=\"233\" src=\"https:\/\/content.indiainfoline.com\/_media\/iifl\/img\/misc\/2015-06\/05\/full\/monsoon-in-india-1433493854-9298300.jpg\" style=\"margin: 5px;\" title=\"Monsoon in India\" width=\"350\"\/><\/div>\n<p>D-Street is cheerful with the positive spread of the monsoon across the country. Monsoon is a boon for the revival of agricultural-driven economies like India. Nevertheless, tractor sales numbers have already started showing signs of positive development.<\/p>\n<p>Indian Meteorological Department (IMD) had recently claimed that southwest monsoon had entered the country on June 26, 2020, which was 12 days prior to the usual date. However, the monsoon and its normalcy are very much important for Kharif crops while, in the case of Rabi crops, the procurement and price realizations have been very good this year.<\/p>\n<p>The sales numbers of Mahindra and Mahindra, as well as Escorts, is a recent proof of the new trend. On Wednesday, Escorts reported 22.8% yoy growth in June sales numbers (domestic). This can be considered as a very strong comeback after lockdown. Meanwhile, Mahindra and Mahindra reported 12% growth (domestic) sales numbers. Interestingly, even during May 2020, Mahindra and Mahindra had reported 2% yoy growth. The sector may see a further course of action very soon with more economic activity.<\/p>\n<p>The tractor segment in India also has a few unlisted players such as Tractors and Farm Equipment (TAFE), International Tractors, CNH Industrial (India). Numbers from these players would further give strength to the sentiment for the overall sector.<\/p>\n<p>On Wednesday, both Escorts and Mahindra and Mahindra, were trading lower by 1% and 2%, respectively.                                                    <!--start sk\n                                                    \n\n<div>\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-4 col-sm-5 col-xs-4\">\n\n<div class=\"loading large-image-loading \"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-4 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-5 col-sm-5 col-xs-5 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-7 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-4 col-md-4 col-sm-4 col-xs-4 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-6 col-md-6 col-sm-6 col-xs-6 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-7 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-5 col-sm-5 col-xs-5 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-7 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-10 col-md-10 col-sm-10 col-xs-10 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-12 col-md-12 col-sm-12 col-xs-12 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"clearfix mb20\"><\/div>\n\n\n                                                        \n\n<div class=\"col-lg-10 col-md-10 col-sm-10 mb20 \">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                        \n\n<ul >\n                                                            \n\n<li class=\"col-lg-12 mb20\" >\n                                                                \n\n<div class=\"col-lg-4 col-md-4 col-sm-4  col-xs-4 mb10\">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                                \n\n<div class=\"col-lg-1 col-md-1 col-sm-1 col-xs-1  mb10 plr0\"><a href=\"\" class=\"btn btn-lblue_bdr btn-xs disabled btn-block\"><span class=\"fs11\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><\/a><\/div>\n\n\n                                                                \n\n<div class=\"col-lg-7 col-md-7 col-sm-7 col-xs-7  mb10\">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                                \n\n<div class=\" col-lg-10 col-md-10 col-sm-10 col-xs-10  mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                            <\/li>\n\n\n                                                            \n\n<li class=\"col-lg-12 mb20\">\n                                                                \n\n<div class=\"col-lg-2 col-md-2 col-sm-2 col-xs-2 mb10 pr0\"><a href=\"\" class=\"btn btn-xs disabled btn-block btn-green_bdr\"><span class=\"fs11\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><\/a><\/div>\n\n\n                                                                \n\n<div class=\"col-lg-10 col-md-10 col-sm-10 col-xs-10 mb10 \">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                                \n\n<div class=\" col-lg-6 col-md-6 col-sm-6 col-xs-6 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                            <\/li>\n\n\n                                                        <\/ul>\n\n\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                    <\/div>\n\n\n                                                    \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                    end sk-->&#13;\n                                                <\/p>\n<\/div>\n<p>                                                <!--end Current story content--> <\/p>\n<section class=\"related_story_box \">\n<p class=\"fs15e \">Related Story<\/p>\n<p>&#13;<br \/>\n                                                    <!--<a class=\"btn btn-link btn-xs more-page-link\" title=\"Blogs &amp; Personal Finance   \">More Related News <i class=\"fa fa-chevron-right fs12e\"><\/i><\/a>--><\/section>\n<p><!--start tag--><\/p>\n<p>&#13;<br \/>\n                                                    <span class=\"fs15e\"> Related Tags:<\/span> <span class=\"story_tags\"> <\/span>&#13;\n                                                <\/p>\n<p>                                                <!--end tag--><br \/>\n                                                <!--start social share--><\/p>\n<p>                                                <!--start social share--><br \/>\n                                                <!--start social share-->\n                                            <\/div>\n<p><script>\n\/\/disclaimer popup hide\/show<\/p>\n<p>    $('#popup_mobile_reg').keypress(function (e) {\n        var mobileNumber = $(\"#popup_mobile_reg\").val();\n        var regex = new RegExp(\"^[0-9]+$\");\n        var str = String.fromCharCode(!e.charCode ? e.which : e.charCode);\n        if (regex.test(str)) {\n            if (mobileNumber.length <= 9) {\n                return true;\n            }\n        }\n        e.preventDefault();\n        return false;\n    });\n    $(document).ready(function () {\n        $(\".disclaimer_btn\").click(function () {\n            createCookie(\"disclaimer\", \"yes\", '365');\n        });\n        if (getCookie(\"disclaimer\") == 'yes') {\n            $('.cookies_div').css(\"display\", \"none\");\n            $('.cookie-bar').css(\"display\", \"none\");\n        } else {\n            $('.cookies_div').css(\"display\", \"block\");\n            $('.cookie-bar').css(\"display\", \"block\");\n        }\n        $(\"#checkbox-cb-id\").click(function () {\n            $(\"#main\").css('margin-top', '72px');\n        });\n    });\n    function createCookie(cookieName, cookieValue, daysToExpire)\n    {\n        var date = new Date();\n        date.setTime(date.getTime() + (daysToExpire * 24 * 60 * 60 * 1000));\n        document.cookie = cookieName + \"=\" + cookieValue + \"; expires=\" + date.toGMTString() + \"; secure;\";\n    }\n    function getCookie(name) {\n        var nameEQ = name + \"=\";\n        var ca = document.cookie.split(';');\n        for (var i = 0; i < ca.length; i++) {\n            var c = ca[i];\n            while (c.charAt(0) == ' ')\n                c = c.substring(1, c.length);\n            if (c.indexOf(nameEQ) == 0)\n                return c.substring(nameEQ.length, c.length);\n        }\n        return null;\n    }\n\n\n\n    \/*$('.foot_ga a').click(function() {        \n     var label = $(this).html();\n     var action = $(this).parent().attr(\"data-id\");\n     pushGoogleAnalytics('footer', action, label, 'event '+label);\n     });*\/\n\n\n\n    !function (f, b, e, v, n, t, s) {\n        if (f.fbq)\n            return;\n        n = f.fbq = function () {\n            n.callMethod ?\n                    n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n        };\n        if (!f._fbq)\n            f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s)\n    }(window,\n            document, 'script', 'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n\n    fbq('init', '139439933088582');\n    fbq('track', \"PageView\");\n\n<\/script><br \/>\n<br \/><a href=\\\"https:\/\/www.indiainfoline.com\/article\/news-top-story\/southwest-monsoon-favors-farm-equipment-manufacturers-120070200643_1.html\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>D-Street is cheerful with the positive spread of the monsoon across the country. Monsoon is a boon for the revival of agricultural-driven economies like India. Nevertheless, tractor sales numbers have already started showing signs of positive development. Indian Meteorological Department (IMD) had recently claimed that southwest monsoon had entered the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3803,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-3802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/07\/monsoon-in-india-1433493854-9298300.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3802"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/3802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/3803"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}