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Technology also plays a significant role in the pricing of ridge ploughs. Manufacturers are increasingly incorporating advanced features such as adjustable width, GPS technology for precision farming, and improved depth control. These innovations can significantly enhance productivity and soil management but also drive up costs. As farmers are urged to adopt smarter technologies to meet growing food demands, the market has seen a rise in demand for technologically advanced ridge ploughs, often resulting in higher prices.


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A special purpose vehicle is a subsidiary company created by a parent company to undertake specific projects or transactions. SPVs can be used for a variety of reasons, including asset securitization, risk management, or to circumvent regulatory hurdles. The fundamental premise behind SPVs is that they allow the parent company to isolate financial risk, ensuring that any liabilities remain confined to the SPV and do not affect the parent company's balance sheet.


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