India's tractor sales to dive 4th year in a row


By Arif Sharif NEW DELHI, July 31 (Reuters) - Tractor sales in India, the world's biggest market by volume, are likely to fall for a fourth straight year even though a bountiful monsoon promises to boost farm incomes this year, analysts said on Thursday. Sales are estimated to have fallen 17 percent in the fiscal first quarter ended June to 38,965 tractors, after diving 25.1 percent in the past year to March when the worst drought in nearly 15 years hurt crop output and farm incomes. ...

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