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.