Poging GOUD - Vrij

Low farmer awareness keeps e-tractor sales muted despite state sops

Mint Hyderabad

|

November 11, 2025

Only 26 electric tractors have been sold in India so far this fiscal compared with half a million diesel units sold in the same period as lack of adequate charging infrastructure in rural areas is a key challenge.

- Manas Pimpalkhare & Vijay C. Roy

Electric tractor sales have remained negligible even in states such as Haryana, Punjab, Madhya Pradesh, Andhra Pradesh, Maharashtra and Telangana, which offer incentives like direct subsidies, road and registration tax waivers, and manufacturing benefits.

Haryana offers a ₹5 lakh subsidy on e-tractors in its 2022 EV policy, yet only one unit has been sold in FY26. In Maharashtra, where the prices of e-tractors and other integrated harvesting machines are cut by 10%, only 11 units have been sold in this fiscal.

No e-tractor has been sold this fiscal in Madhya Pradesh, where they are exempt from motor vehicle registration tax and registration fees. The same was the case in Punjab, which highlighted manufacturing sops in its EV policy.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

From loss to profit: Juspay nets ₹62 cr

Payments solutions provider Juspay Technologies has reported a profit after tax (PAT) of ₹62 crore for 2024-25, driven by a rise in digital transaction volumes, an expanding client base, and global expansion.

time to read

1 min

November 13, 2025

Mint Hyderabad

KPIT: Strong deal flow, but can it keep engine humming?

Midcap information technology (IT) company KPIT Technologies, which has carved a niche in automotive software services, is set to bear the brunt of planned cuts in IT investments by automobile original equipment manufacturer clients.

time to read

1 mins

November 13, 2025

Mint Hyderabad

Groww most valued broker on mkt debut

Stock jumps 31% on listing day, market capitalization eclipses older peers

time to read

2 mins

November 13, 2025

Mint Hyderabad

HAL posts 11% rise in quarterly profit

Hindustan Aeronautics Ltd (HAL) reported higher second-quarter profit on Wednesday, supported by strong order execution, though weaker operating margins dragged its shares down 3% after results.

time to read

1 min

November 13, 2025

Mint Hyderabad

Mega export schemes get nod

The Union cabinet on Wednesday approved two major initiatives worth a combined %45,060 crore to strengthen India’s export ecosystem and ease liquidity pressures for exporters.

time to read

1 mins

November 13, 2025

Mint Hyderabad

Mint Hyderabad

Why only one of two big Tata Trusts inducted Neville, Bhat

Srinivasan said SRTT didn’t have the appointment on the agenda, did not attend SDTT meet

time to read

2 mins

November 13, 2025

Mint Hyderabad

The central bank faces a duality in the adoption of AI

The rapid adoption of artificial intelligence (AI), especially generative AI, is no longer a peripheral technological shift, but a profound macroeconomic shock.

time to read

3 mins

November 13, 2025

Mint Hyderabad

Mint Hyderabad

Retail inflation plunges to record low of 0.25% in Oct

The decline in inflation in October, like the previous several months, was led by the food group. Inflation for food items, which account for nearly 40% of the inflation basket and have a heavy influence on the headline inflation, plunged to -5.02% from -2.33% in September. The sharp decline was led by vegetables and pulses and products, inflation for which came in at -27.57% and -16.15%, respectively.

time to read

2 mins

November 13, 2025

Mint Hyderabad

Mint Hyderabad

Quick commerce uses algos to bunch orders, save costs

The strategy is reshaping q-commerce, turning rapid delivery to a data-driven logistics game

time to read

2 mins

November 13, 2025

Mint Hyderabad

How an Abu Dhabi unit became vital for Reliance

An Abu Dhabi-based subsidiary of Reliance Industries, Reliance International Ltd, has emerged as one of the conglomerate's vital units in the face of shifting global oil trade and now accounts for nearly a fifth of the parent's consolidated revenue.

time to read

1 min

November 13, 2025

Listen

Translate

Share

-
+

Change font size