India’s tractor market had a market value of USD 9.39 billion in 2025 and is estimated to reach USD 9.97 billion in 2026. It is projected to grow to USD 16.80 billion by 2034, at a CAGR of 6.12% during 2026-2034. Rising farm mechanisation, easier rural credit, government support for agricultural equipment and growing non-farm use of tractors are supporting this expansion. Replacement demand, crop conditions and the need to reduce dependence on manual labour also continue to influence tractor sales across the country.
Tractors in India are used for much more than ploughing fields. Farmers use them with rotavators, seeders, harvest-related equipment, trailers and many other implements, while tractors are also widely used in haulage, construction and rural infrastructure work. This makes horsepower range, fuel efficiency, service network, spare-parts availability and resale value especially important for buyers. India has both long-established domestic manufacturers and global tractor brands with local production. Together they offer models ranging from compact and orchard tractors to powerful machines for heavy farm and commercial work. Brand competition is especially strong in the 40-100 HP range, where buyers want a balance of pulling power, fuel economy, comfort and affordability. Dealers and service centres remain decisive because tractors are working assets that must stay operational during short sowing and harvesting windows. Here is a look at the top 10 tractor companies in India in 2026.
1. Mahindra & Mahindra
Mahindra & Mahindra is the dominant name in Indian tractors and sells through both the Mahindra and Swaraj brands. Its wide range covers compact and utility tractors as well as higher-horsepower machines for demanding farm and haulage work. A very deep rural dealer network and strong resale recognition give the company an advantage across a broad mix of states and crop conditions.
What stands out:
- Mahindra and Swaraj provide a wide model range
- Large dealer, service and spare-parts network
- Strong presence across small, medium and large farms
2. TAFE – Tractors and Farm Equipment Limited
TAFE is one of India’s largest tractor manufacturers and is closely associated with Massey Ferguson and Eicher tractors in the domestic market. The company has built its reputation around practical machines for field work, haulage and mixed agricultural use. Its manufacturing scale and long-standing distribution network make it a major competitor across several horsepower categories.
Where it is strong:
- Massey Ferguson and Eicher are key tractor brands
- Broad presence across Indian agricultural regions
- Established manufacturing and farm-equipment capabilities
3. International Tractors Limited – Sonalika
International Tractors Limited manufactures Sonalika tractors and has grown into one of the country’s leading tractor producers. The company offers models covering orchard, general farming and heavy-duty applications. Sonalika has also developed a significant export business, while its Indian growth has been supported by an expanding dealer network and a focus on power options suited to varied soil and crop conditions.
A quick look:
- Sonalika offers tractors across a wide horsepower range
- Strong domestic as well as export presence
- Known for heavy-duty and multi-application models
4. Escorts Kubota Limited
Escorts Kubota brings together the long-established Escorts tractor business with Kubota’s agricultural technology. Its tractor portfolio includes Farmtrac and Powertrac, while Kubota-branded compact and specialised machines add another dimension. The company is important in conventional farming as well as segments where compact size, refinement and specialised applications matter.
Its main strengths:
- Farmtrac, Powertrac and Kubota cover different customer needs
- Strong engineering base in agricultural machinery
- Presence in both utility and specialised tractor segments
5. John Deere India
John Deere has built a strong position in India’s mid- and higher-power tractor segments. Its green-and-yellow tractors are widely used in farming, haulage and commercial applications, particularly where customers value hydraulics, implement compatibility and technology features. The company also offers agricultural equipment and digital tools that connect tractors with broader farm-mechanisation needs.
Why it matters:
- Strong position in mid- and high-horsepower tractors
- Recognised for hydraulics and implement compatibility
- Global agricultural technology and equipment support
6. CNH India – New Holland Agriculture
New Holland Agriculture, part of CNH, has been manufacturing tractors in India for decades. Its range is used in crop farming, orchards, haulage and specialised agricultural work. The company also participates in hay and forage, harvesting and other mechanisation categories, which allows it to serve farmers looking beyond the tractor alone.
What to know:
- New Holland is an established tractor brand in India
- Offers farm machinery beyond tractors
- Strong presence in several crop-intensive states
7. SDF India – Deutz-Fahr
SDF India manufactures Deutz-Fahr tractors for the Indian market and exports. The brand is particularly associated with technologically equipped tractors and higher-power applications, though it also serves mainstream farm requirements. Its international engineering background and Indian manufacturing base give it a niche among buyers looking for features beyond basic utility.
Key areas:
- Deutz-Fahr has a technology-focused product image
- Indian manufacturing supports domestic and export markets
- Useful range for specialised and higher-power work
8. VST Tillers Tractors
VST Tillers Tractors is especially important in the compact mechanisation segment. Along with tractors, it is well known for power tillers, which are useful on smaller holdings, orchards, horticulture farms and areas where large machines are less practical. This focus gives VST a clear position in a country where farm sizes and terrain vary widely.
Its market presence:
- Strong in compact tractors and power tillers
- Suitable for horticulture and smaller landholdings
- Long-standing Indian farm-mechanisation company
9. Force Motors
Force Motors is better known to many people for commercial vehicles, but it also manufactures agricultural tractors. Its tractor range is designed for regular farm operations and haulage, drawing on the company’s experience with engines and utility vehicles. Although its tractor share is smaller than the market leaders, it maintains a recognised presence in selected regions and applications.
What defines the company:
- Engineering experience extends beyond tractors
- Tractors target routine farm and utility work
- Established Indian manufacturing company
10. Indo Farm Equipment
Indo Farm Equipment manufactures tractors as well as pick-and-carry cranes and other equipment. Its tractors cover several power bands and are sold in India and export markets. The company is smaller than the leading national tractor groups, but its manufacturing base and focus on agricultural machinery make it a relevant name in the competitive mid-sized tractor segment.
At a glance:
- Manufactures tractors across multiple power categories
- Also operates in industrial equipment
- Serves domestic as well as export customers
Conclusion
India’s tractor market is large enough for several different business models to succeed. Mahindra, TAFE, Sonalika and Escorts Kubota compete at national scale, while John Deere and New Holland have strong technology-led positions and smaller manufacturers address more specific needs. For buyers, the most useful comparison is not simply national sales rank. Local service, the right horsepower, implement availability, fuel efficiency and the dealer’s ability to support the machine over many years matter just as much. For a buyer, the useful comparison is therefore not only company size. A nearby workshop, quick access to parts and a model matched to the farm’s acreage and implements can matter more than a national market-share number. India’s leading tractor makers are increasingly competing on those practical ownership factors as well as engine power, and that should keep the market highly competitive through the rest of the decade.
