New Delhi, June 29 (TIWN) Ratings agency ICRA expects a 1-4 per cent YoY growth in domestic tractor volumes in FY22 amid an evolving Covid-19 situation.

"Even as uncertainty with regard to the evolution of the pandemic exists, the underlying demand drivers for the industry remain intact. Expectations of healthy rabi cash flows, continuation of various Government support programmes, healthy financing availability and a normal monsoon forecast, are likely to aid farm sentiments," the agency said.