No slowdown in FY24 tractor sales even if El Nino hits: John Deere's Jagtap

The India head of the US farm equipment firm feels overall tractor sales might see a slight dip in FY23, after a good FY22

US farm equipment major John Deere is celebrating 25 years of its journey in India. In an interaction with Business Standard, Shailendra Jagtap, the firm's India Country Manager (Managing Director & CEO), dwells on its future roadmap and talks about pressing issues concerning the tractor markets and industry. Edited excerpts:

Do you see any slowdown in tractor sales in FY24 if El Nino impacts monsoon and causes rural distress?

We don’t foresee a slowdown as the current indicators of the rural economy are positive. The impact of climate change is challenging, but we feel it may not immediately impact and