Agro Vehicle Output Decreases

Domestic agricultural vehicle manufacturers are facing difficulties in meeting the market demand, due to an increase in prices and non-provision of credit facilities
Agro Vehicle Output Decreases
Agro Vehicle Output Decreases

After a sharp rise in prices, decline in people’s purchasing power and lack of credit lines, farmers are facing problems in purchasing agricultural vehicles. 
Despite having one of the largest producers of agricultural vehicles in the region, meeting the needs of the domestic market in the field of tractors, combines and other agricultural machinery is becoming problematic.
Hossein Ali Kakavand, a member of the Board of Directors of the National Assembly of Agricultural Experts, recently said tractors have experienced a 200% price increase and this uptrend is continuing.
As the purchasing power of people has lowered, many buyers are seeking government facilities to buy agricultural machinery. But the lack of facilities has led to a significant reduction in purchases such that the continuation of this trend could make production units bankrupt.


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