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Swaraj Engines may see 15% yearly profit growth for two years
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The sales volume of Swaraj EnginesBSE -0.41 %, a principal supplier of tractor engines to Swaraj Tractors, grew at an annualised rate of 11%, faster than the 6% average growth in the tractor industry, in the past five fiscals due to its focus on rapidly growing high horsepower (HP) tractor engines.
The company is expanding product portfolio in more than 50 horse power (HP) tractor engines.