The Indian agricultural tractors market is projected to witness a CAGR 4.5% over the forecast period (2020-2025). Government initiatives regarding rural development and farm mechanization, along with various factors, such as enhancing rural wages and scarcity of farm labor are likely to increase the tractor volume over the long term.
India is one of the largest tractor markets in the world, selling 600,000 to 700,000 tractors per annum, on average. The demand for tractors declined during Financial Year 2015-16 due to a contraction in the farm incomes, as the production of major crops and commodity prices reduced with lower procurements by the government. However, India remains a highly lucrative tractor market on account of the decreasing availability of farm labor and the rise of innovative business models such as custom hiring solutions for tractors. In this article, we will discuss: Bestselling powerful top tractor brands in India? and what makes them different? Read more about the 4 Reasons Why Fleet Maintenance is Important for Heavy Duty Machines?
Top 5 Tractor Brand in India:
1. Mahindra
Established in the year 1964, Mahindra is not only India's leading Tractor manufacturer but the World's number 1 in terms of volumes. Mahindra has grown over the years to make excellent automobiles as well in the passenger and commercial segment, all the while concentrating on its Tractor business. Mahindra tractor price lies between Rs. 2.50 lakh* to Rs.12.50 lakh*. Mahindra sells almost 200,000 tractors each year. They manufacture high quality, tough and durable tractors and implements raise productivity in farms across all India. Mahindra tractors stand for the versatility of application in the field or inroads. Read more about the top 5 responsibilities of a fleet manager.
2. Eicher Tractors
The Eicher brand of tractors is one of the oldest names in the industry. All Eicher tractors sport the all-new and refreshing Eicher ‘E’ symbol. This has made Eicher a household name in India, and a respected mark of trust in various export markets. Eicher Tractors are available in range 24 HP to 60 HP. These engines are robust, low maintenance, low price, fuel-efficient, and contribute to the revenue of farmers and other commercial operators. In a short span of time, the brand has earned the trust of many customers and is one of the most preferred brand names in the range. Know more about the Meaning and benefits of fleet Outsourcing?
3. Swaraj Tractors
Swaraj Tractors has a very rich history of more than 40 years. It has an upright reputation amongst the farmers and the brand symbolizes trust, power, and reliability. Swaraj tractors engine output ranges from 15 HP to a 60 HP category, catering to farmers' need for multiple agricultural operations at an appropriate price range. Swaraj tractors have a reliable, strong, and powerful engine for smooth functioning in demanding conditions. Swaraj tractors enjoy the trust of more than 11 lakh satisfied customers. Top 3 Problems faced by Vehicle Fleet Owners? Know more about the Top 3 Problems faced by Vehicle Fleet Owners?
4. TAFE Tractors
TAFE – Tractors and Farm equipment limited, is an Indian tractor major incorporated in 1960 at Chennai. It is the second-largest tractor manufacturer in India and the third-largest in the world by volumes. TAFE retained the brand name and has grown the market share of the Eicher brand of tractors. TAFE tractors are known for their quality and low cost of operations. TAFE has built a powerful distribution network of over one thousand dealers across its two brands - Massey Ferguson and Eicher. Check List for Fleet Maintenance & Effective vehicle Maintenance Over Time
5. Sonalika tractors
Sonalika Tractors stands strong as 3rd largest tractor manufacturing company in the country and is based in Hoshiarpur, Punjab. It is the youngest tractor company in India. Sonalika tractors were incorporated in 1995 with its head office situated at Jalandhar. It is the third-largest selling tractor brand in the country. It is famous for its incorporated tractor manufacturing plant at Hoshiarpur, which has a capacity of manufacturing tractors close to 3 lakh. Read more about 5 Ways Traxroot-Fleet Can Help you Save Fuel
Contact us for a quick demo or 14-day trial to know more about our Traxroot Fleet management software and how we can assist you in maintaining and managing your tractor or, heavy-duty machines. Visit our FAQ page for some frequently asked questions on fleet management.
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