Author(s): MO Akram, Vikas K Singh, Shivam, PK Mishra, Ankit Singh, Akanksha Mathur, Khwahiz Ali, Dev Raj Rastogi, Amar Tiwari and Shashank Verma

Abstract: The study aims to assess the various factors influencing the overall cost of owning and operating farm tractors, contributing valuable insights to farmers, manufacturers, and policymakers in the agricultural sector. The research methodology employed a multifaceted approach, combining field surveys, interviews with industry experts, and data collection from diverse sources to ensure a holistic understanding of the cost dynamics involved. The study encompasses both initial acquisition costs and ongoing operational expenses, including fuel consumption, maintenance, and depreciation. Key findings reveal a nuanced interplay of factors affecting tractor costs, such as engine power, brand reputation, and technological features. The analysis delves into the impact of scale, exploring how the size and type of farming operations influence the cost-effectiveness of different tractor models. Moreover, the study evaluates the role of technological advancements, investigating how precision farming technologies and automation contribute to efficiency gains and operational cost reduction. These insights are crucial for farmers seeking to optimize their investments and for manufacturers striving to align product offerings with the evolving needs of the agricultural industry.

Pages: 109-112 | Views: 61 | Downloads: 3

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