Agricultural Machinery in India Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Agriculture Equipment Manufacturing Companies in India is segmented by type (tractors (less than 50 HP, 50 to 75 HP, 76 to 100 HP, 101 to 150 HP, greater than 150 HP), equipment (plows, harrows, rotovators and cultivators, seed and fertilizer drills, and other equipment), irrigation machinery (sprinkler machinery, drip irrigation, and other irrigation machinery), harvesting machinery (combine harvesters, forage harvesters, and other harvesting machinery), and haying and forage machinery (mowers and conditioners, balers, and other haying and forage machinery)). The report offers market size and forecast in terms of value (USD million) for all the abovementioned segments.

Agricultural Machinery in India Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Agricultural Machinery Industry Overview

The Indian agricultural machinery market is consolidated, with the significant players occupying the maximum share of the market. Renowned players like Mahindra & Mahindra Ltd, CNH Industrial NV, Tractors and Farm Equipment Ltd, Escorts Group, and Sonalika are significant players in the Indian agricultural machinery market. New product launches, partnerships, and acquisitions are the major strategies that leading companies adopt.

India Agricultural Machinery Market Leaders

  1. Escorts Limited

  2. Mahindra & Mahindra Limited

  3. TAFE Motors and Tractors Limited

  4. International Tractors Ltd. (Sonalika)

  5. CNH Industrial (India) Private Limited

  6. *Disclaimer: Major Players sorted in no particular order
India Agricultural Machinery Market Concentration