What is Keeping India’s e-Tractor Dream from Taking Off?
Electric tractors are non-polluting and considerably cheaper to run for farmers, but the penetration of EV technology in this segment is much lower than that of PVs and CVs. What is the reason behind this, and how can it be fixed?
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Nikunj Korat was running an electric fencing business in the villages of Gujarat, but his interest in innovation and desire to contribute to the farming community kept pushing him to do more. The rise of e-rickshaws in 2016 gave him the idea to make an electric tractor. This led him, along with his brothers, to start an e-tractor company called Shree Marut E-Agrotech in 2017.
The venture was a bold move as its commercial sales began just eight months ago, following limited testing or piloting deployments, and is yet to make profits. With an initial investment of Rs 1.2 ...
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