The Indian tractor industry recorded strong growth in FY 2026, with total retail sales reaching 10,50,077 units, compared to 8,82,825 units in FY 2025, marking a robust 18.94% year-on-year increase.
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Mahindra & Mahindra Limited (Tractor Division) maintained its leadership position, selling 2,49,973 units and capturing a 23.81% market share, slightly higher than 23.57% in FY 2025. Its Swaraj Division followed with 1,96,975 units, holding an 18.76% share, marginally up from 18.75% last year.
International Tractors Limited (Sonalika) secured the third spot with 1,34,030 units, accounting for a 12.76% market share, though slightly lower than 13.04% in FY 2025.
TAFE Limited reported strong growth, selling 1,18,326 units and improving its share to 11.27% from 11.24%. Escorts Kubota Limited (Agri Machinery Group) also performed well, with 1,14,468 units, increasing its market share to 10.90% from 9.93% last year.
John Deere India Pvt. Ltd. recorded 80,086 units, holding a 7.63% share, nearly stable compared to 7.64% in FY 2025. Eicher Tractors sold 65,215 units, with a 6.21% share, slightly down from 6.48%.
CNH Industrial (India) Pvt. Ltd. (New Holland) posted 47,122 units, improving its share to 4.49% from 4.05%. Meanwhile, the “Others” category accounted for 43,882 units, contributing 4.18% to the total market, down from 5.30% last year.
Overall, FY 2026 reflects strong demand across rural markets, continued mechanisation, and a positive momentum in the agricultural sector, driving consistent growth in the tractor industry.
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