Production of farm machinery expected to rise by 15%

Agricultural machinery manufacturing is expected to grow by between 5 and 15 per cent over the same period last year, according to the Ministry of Industry and Trade.

To achieve this, the agricultural engineering industry needs to raise its manufacturing capacity by applying advanced technology to replace imports and expand the market.

In addition, manufacturers of machine-tool products need to keep a firm foothold in their export markets and intensify hi-tech production.

Posted by VBN on Jan 11 2010. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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