Tractor market size in India | Growth, Trends & Insights 2025

Code: MTA10398 Publication Date: Oct 2025

What is the growth rate of the India Tractor Market?

According to 6Wresearch internal database and industry insights, India Tractor Market is expanding at a CAGR of 7.3% during the forecast period 2025-2031.

There are numbers of factors which are contributing in the expansion of the market include increasing mechanization in agriculture, rising government support through subsidies and loan facilities, growing demand for high-horsepower tractors, and advancements in tractor technology for enhanced fuel efficiency and productivity.

Key Growth Drivers of the India Tractor Market

  • Rising farm mechanization and modernization in agriculture
  • Government initiatives and subsidies supporting tractor purchases
  • More people want tractors that use less fuel and have horsepower.
  • Improved infrastructure in rural areas and easy ways to get money
  • New technology in automation and precision farming
  • Growth of commercial agriculture and contract farming

India Tractor Market Trends

India Tractor Market is witnessing notable trends such as growing adoption of advanced tractors integrated with GPS and telematics for precision farming. Small and medium-sized farms are making the demand for small, multi-purpose tractors grow. Manufacturers are working harder and harder to make electric and hybrid tractor models to lower emissions and operating costs. More people are using digital platforms and custom hiring centers to rent tractors. Therefore, to keep customers happy and loyal, businesses are also expanding their networks of spare parts and after-sales services.

Emerging Developments in the India Tractor Market

India Tractor Market is evolving with continuous innovations in engine efficiency, automation, and connectivity. Several manufacturers are investing in R&D for the development of autonomous and driver-assist tractors. Agri-tech startups and tractor OEMs are starting to work together to promote smart farming solutions. Companies are focusing on exports by using manufacturing skills. The operational landscape is also changing as the rise of data-driven maintenance solutions and mobile apps for managing farms. In addition, programs that promote sustainable farming are speeding up the use of energy-efficient tractors.

List of Leading Companies in the India Tractor Market

Some of the leading companies include:

  • Mahindra & Mahindra Ltd.
  • TAFE Ltd. (Tractors and Farm Equipment Limited)
  • Sonalika Group
  • Escorts Ltd.
  • John Deere India Pvt. Ltd.
  • New Holland Agriculture (CNH Industrial India Pvt. Ltd.)
  • Kubota Agricultural Machinery India Pvt. Ltd.

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All