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Which among the following nations is the largest tractor market in the world?
Question

Which among the following nations is the largest tractor market in the world?

A.

Brazil

B.

USA

C.

Russia

D.

India

Correct option is D

India is the largest tractor market in the world, driven by its predominantly agrarian economy. The country's agricultural sector relies heavily on mechanization, with tractors being a key component. Factors like government subsidies, rural development schemes, and a large farming population contribute to high tractor sales.

Key Facts (Exam-Oriented):
● India is the largest tractor market globally.
● Major manufacturers include Mahindra & Mahindra, TAFE, and Escorts.
● Tractors are vital for agriculture and rural mechanization.
● Government schemes like PM-KISAN promote equipment affordability.
● Annual tractor sales exceed 800,000 units in India.

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