Investor Presentaiton

Demand for Agricultural Mechanization •⚫ In recent years, however, demand for mechanization is increasing with acute labor scarcity at peak season and high cost of production (as a result of increased wage rate) in farming resulting in from youth migration and feminization Wage rate in agriculture has doubled in the last 10 years and households receiving remittance income has more than doubled in the last one and half decade from 23% in 1995 to 56% in 2010. (CBS, 2011) Female headed households have also doubled in last 15 years from 13% in 1995 to 26 % in 2010 (CBS, 2011).

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