Tractor market India

 Tractor market in India 



According to the Farm Equipment Manufacturers Association of India (FEMA), a total of 6,36,000 tractors were sold in India in 2022. This is a slight decrease from the 6,45,000 tractors that were sold in 2021. However, it is still a significant number and shows that the demand for tractors in India is still strong.

The top five tractor manufacturers in India in 2022 were:

  1. Mahindra & Mahindra
  2. TAFE
  3. Eicher Tractors
  4. John Deere
  5. Sonalika International

These five manufacturers accounted for over 75% of the total tractor sales in India in 2022.

The main factors driving the demand for tractors in India are:

  • Increasing mechanization in agriculture
  • Rising farm incomes
  • Government support for agricultural mechanization
  • Growing population

The tractor market in India is expected to continue to grow in the coming years, driven by these factors.

Agrix.in