India Agricultural Equipment Market Overview
The India Agricultural Equipment Market was valued at INR 701.56 Billion in 2024. The Agricultural Equipment Market industry is projected to grow from INR 732.35 Billion in 2025 to INR 1,051.18 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 3.68% during the forecast period (2025-2035).
The government support and incentives, rising demand for high-quality produce and technological advancements are driving the growth of the Agricultural Equipment blenders market.
As per the Analyst at MRFR, the dynamics of the India agricultural equipment market are shaped by several interrelated factors driving growth and transformation. Market is experiencing a significant shift due to technological advancements, changing consumer preferences, and proactive government initiatives aimed at enhancing agricultural productivity.Â
The integration of automation and smart technologies, such as GPS-enabled machinery and IoT applications, is revolutionizing farming practices, allowing farmers to optimize resource use and improve efficiency in operations like planting and harvesting. Additionally, there is a growing demand for sustainable and energy-efficient equipment as farmers become more environmentally conscious.Â
This trend reflects a broader movement towards mechanization in Indian agriculture, with versatile machinery that can adapt to various practices gaining popularity. Government support plays a crucial role in this market through subsidies and incentives for modern equipment purchases, alongside initiatives to improve rural infrastructure and access to credit.
FIGURE 1: INDIA AGRICULTURAL EQUIPMENT MARKET VALUE (2019-2035) INR BILLION

 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
India Agricultural Equipment Market Opportunity
EXPANSION OF PRECISION FARMING TECHNOLOGIESÂ
The expansion of precision farming technologies presents a significant opportunity for the agricultural equipment market in India, as it addresses the challenges faced by farmers while enhancing productivity and sustainability. Precision farming, or precision agriculture, utilizes advanced technologies such as GPS, IoT devices, drones, and data analytics to optimize farming practices. This approach allows farmers to apply inputs like water, fertilizers, and pesticides more efficiently and precisely, leading to improved crop yields and reduced waste.Â
One of the key drivers behind the adoption of precision farming in India is the need for increased agricultural productivity to meet the demands of a growing population. With India's population projected to exceed 1.5 billion by 2030, there is an urgent need to enhance food production without further straining natural resources. Precision farming technologies enable farmers to maximize yields from existing land by providing tailored solutions based on real-time data about soil health, moisture levels, and crop conditions. For instance, the use of soil sensors can help determine the exact nutrient requirements of crops at different growth stages, allowing for more targeted fertilizer application.Â
Moreover, the Indian government has recognized the potential of precision agriculture and is actively promoting its adoption through initiatives such as the establishment of 22 Precision Farming Development Centres (PFDCs) across the country. These centers aim to provide training and technical support to farmers, helping them understand and implement precision farming techniques effectively. Educational institutions and research organizations are also conducting workshops to raise awareness about the benefits of precision agriculture.
India Agricultural Equipment Market Segment Insights
Agricultural Equipment by Product Type Insights
Based on product type the market is segmented into Power Reaper, Power Tiller, Power Weeder, Transplanter, Sprayers, Brush Cutters, Pump Sets, Weather Stations, Agri Drones, Harvesters, and Tractor. The power reaper is further bifurcated into Walk-Behind Reaper and Self-Propelled Reaper. The Power Tiller is segmented into Mini Power Tiller, Medium Power Tiller, and Heavy-Duty Power Tiller. Whereas power weeder is divided into Manual Weeder, Self-Propelled Weeder, and Multi-Functional Weeder. Transplanter is segmented into Rice Transplanter, Vegetable Transplanter, and Seedling Transplanter.Â
Sprayers is segmented into Manual Sprayers, Knapsack Sprayers, and Powered Sprayers. The brush cutter is bifurcated into Electric Brush Cutters and Gasoline Brush Cutters. The Tractor segment dominated the India market in 2024, while the Agri Drones segment is projected to be the fastest–growing segment during the forecast period. Tractors are one of the most fundamental pieces of agricultural machinery, playing a crucial role in modern farming. They are versatile machines that can be used for a wide range of tasks such as ploughing, tilling, planting, hauling, and more.Â
The tractor serves as the backbone of agricultural mechanization, enabling farmers to perform operations more efficiently and with less labour. It is often referred to as the "workhorse" of the farm, as it powers various attachments and implements like ploughs, seeders, harvesters, and sprayers, among others. The global tractor market has been growing steadily over the past few decades, driven by the increasing adoption of mechanized farming practices and the need for higher productivity in agriculture.
Agricultural Equipment by Engine Type Insights
On the basis of the engine type, the agricultural equipment market is segmented into Diesel Engine, Petrol Engine, Electric/Battery Operated, Hybrid Engine, and Solar-Powered Pumps. The Diesel Engine segment dominated the India market in 2024, while the Electric/Battery Operated segment is projected to be the fastest–growing segment during the forecast period.Â
The diesel engine segment is expected to grow owing to increased adoption of mechanized farming solutions, rising demand for high-powered tractors and irrigation systems, and government incentives that promote the use of diesel-powered equipment. Diesel engines are widely used in tractors, harvesters, power tillers, and pump sets, making them a crucial component of modern agricultural practices. The affordability and fuel efficiency of diesel-powered machinery make them an attractive choice for farmers, particularly in regions where alternative power sources are not feasible.Â
The demand for high-horsepower diesel engines, particularly those above 25 HP, has been rising due to the increasing need for powerful equipment that can handle larger farm operations. Additionally, government schemes such as the Sub-Mission on Agricultural Mechanization (SMAM) have been instrumental in driving market growth by providing subsidies on diesel-based farm machinery. Â
Agricultural Equipment by Functionality Insights
Based on functionality the India agricultural equipment market is segmented into Manual Control, Semi-Automatic, and Fully Automatic. The Semi-Automatic segment dominated the India market in 2024, while the Semi-Automatic segment is projected to be the fastest–growing segment during the forecast period The semi-automatic agricultural equipment segment is witnessing robust growth in India due to the increasing need for efficiency, productivity, and reduced labour dependence in agricultural operations.Â
These machines are equipped with automated features, which reduce the need for manual labour but still require human intervention for specific tasks. The semi-automatic equipment is ideal for mid-scale farmers who are looking for a balance between affordability and productivity. These systems provide increased efficiency, higher output, and lower labour costs while still maintaining a degree of manual oversight.Â
Examples of such equipment include semi-automatic seeders, irrigation systems, and sprayers, which automate several tasks but still require human operators for adjustments or monitoring. The rise in smart agriculture and the growing focus on precision farming have been key drivers for this segment’s expansion.
Agricultural Equipment by Power Output Insights
Based on power output, the market is bifurcated into Below 8 HP, 8–12 HP, 12–20 HP, and Above 20 HP. The Above 20 HP segment dominated the India market in 2024, while the 12–20 HP segment is projected to be the fastest–growing segment during the forecast period. The above 20 HP agricultural equipment segment is experiencing rapid growth, particularly in large-scale commercial farming operations. Machines in this category, such as high-power tractors, combine harvesters, and irrigation pumps, are essential for high-yield, large-acreage farming.Â
The above 20 HP segment is driven by the increasing demand for high-performance machinery capable of supporting large-scale farming operations. These machines offer exceptional power output, allowing farmers to perform demanding tasks such as large-scale harvesting, soil preparation, and irrigation with high efficiency. The adoption of these machines is particularly prevalent in commercial crop production, such as cotton, wheat, and sugarcane, where efficiency and productivity are critical to meeting market demand.
Agricultural Equipment by Application Insights
Based on application, the agricultural equipment market is segmented into Agriculture (Crop Harvesting, Soil Preparation, Seeding and Planting, Spraying, Irrigation), Horticulture, Forestry, Landscaping, Construction, and Drone Applications (Aerial Spraying, Farm Mapping and Monitoring).  The agriculture segment dominated the India market in 2024, while the Drone Applications segment is projected to be the fastest–growing segment during the forecast period.Â
The agriculture segment in the agricultural equipment market represents a substantial portion of the overall market, as it encompasses a wide variety of machinery and equipment that assist in enhancing agricultural productivity. This growth is driven by several factors, such as the increasing need for mechanization, government incentives for farmers to adopt modern equipment, and the ongoing trend of precision farming. As farming methods evolve and become more reliant on data-driven technologies, demand for equipment tailored to specific agricultural tasks has increased. With smart farming becoming increasingly popular, farmers are adopting advanced machinery that helps in improving crop yields, conserving resources, and reducing labour costs.Â
Additionally, the introduction of automated farming machinery is transforming agricultural processes such as irrigation, fertilization, and harvesting, driving the overall demand for agricultural equipment. Government policies, such as subsidies for small farmers and low-interest loans for purchasing agricultural machinery, have also played a pivotal role in driving market growth in developing regions, especially in India.
Agricultural Equipment by Distribution Channel Insights
Based on distribution channel, the India agricultural equipment market is bifurcated into direct and indirect. The Direct segment dominated the India market in 2024, while the Direct segment is projected to be the fastest–growing segment during the forecast period. The direct distribution channel has been gaining momentum in the agricultural equipment market, especially as manufacturers increasingly focus on creating a more personalized experience for the end-user.Â
This model allows for better brand control, more effective marketing strategies, and the ability to provide enhanced after-sales services. The rise of direct sales can be attributed to the increasing presence of online platforms and dealership networks that allow manufacturers to engage with customers more directly. Furthermore, direct distribution offers the advantage of a more transparent relationship between the buyer and the seller.Â
The growing focus on customer-centric sales, where manufacturers can provide tailored solutions and build strong customer relationships, has been a key driver of this growth. Additionally, many companies are integrating digital sales platforms, where farmers can view, compare, and purchase agricultural equipment online, reducing the barriers of geographical location. Moreover, manufacturers can offer training on the usage of their products and maintenance services, which is highly valued by end users, especially in rural areas.
FIGURE 2: INDIA AGRICULTURAL EQUIPMENT MARKET SHARE BY DISTRIBUTION CHANNEL 2024 AND 2035 (INR BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Agricultural Equipment by Region Insights
Based on region, the India Agricultural Equipment Market is Segmented into South (Andhra Pradesh, Tamil Nadu, Telangana, Others), North (Uttar Pradesh, Punjab, Haryana, Others), West (Maharashtra, Gujarat, Others), East (Bihar, West Bengal, Jharkhand, Others). The North dominated the North America market in 2024, while the South is projected to be the fastest–growing segment during the forecast period. The agricultural equipment sector in North India is experiencing notable expansion, influenced by several factors such as governmental initiatives, advancements in technology, and evolving agricultural practices. Â
The demand for tractors, which play a crucial role in essential farming tasks like ploughing and harvesting, is particularly robust in this region, representing a substantial portion of the agricultural machinery market due to their adaptability and effectiveness. Although North India is at the forefront of farm mechanization, there remains significant potential for enhancement, with mechanization rates estimated between 40% and 45%, suggesting opportunities for growth as farmers increasingly embrace modern agricultural techniques.
FIGURE 3: INDIA AGRICULTURAL EQUIPMENT MARKET SHARE BY REGION 2024 AND 2035 (INR BILLION)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
India Agricultural Equipment Key Market Players & Competitive Insights
Many India, regional, and local vendors characterize the Agricultural Equipment Blenders Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.
The major competitors in the market are Mahindra & Mahindra Group, Tafe Motors and Tractors Limited, Sonalika ITL, Escorts Kubota Limited, John Deere, CNH, KOTAI Electronics Pvt Ltd, Cordulus, Marut Drones, Kirloskar Brothers Ltd among others. The India Agricultural Equipment Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.
Key Companies in the India Agricultural Equipment Market include
- Mahindra & Mahindra Group
- Tafe Motors and Tractors Limited
- Sonalika ITL
- Escorts Kubota Limited
- John Deere
- CNH
- KOTAI Electronics Pvt Ltd
- CORDULUS
- Marut Drones
- Kirloskar Brothers Ltd
India Agricultural Equipment Market Industry Developments
July 2024: CNH Industrial achieved a significant production milestone by rolling out its 700,000th tractor from the Greater Noida facility. This accomplishment reflects the company's dedication to 'Made in India' initiatives and its role in advancing agricultural development in the country. The Greater Noida plant, established in 1999, has seen substantial growth in production capacity, now capable of producing around 60,000 tractors annually, ranging from 35 HP to 120 HP.
November 2024: Marut Dronetech secured $6.2 million in Series A funding from Lok Capital. This investment is earmarked for developing advanced agricultural drones tailored to customer needs, expanding the company's channel partner network and service centers into Tier II and III cities, and establishing 17 new drone academies to train skilled professionals. These initiatives aim to enhance the adoption of drone technology across India's agricultural sector.
October 2024: TMTL unveiled its latest generation of tractors at the Lamma 2025 event in the United Kingdom. The new lineup, ranging from 18 to 75 horsepower, is designed to meet the diverse needs of farmers, including those in the livestock sector. The flagship model, the 7515, features a three-cylinder, 74 hp engine, a 12×12.
September 2023: Swaraj Tractors, a subsidiary of Mahindra & Mahindra, made a significant advancement in the Indian agricultural equipment market by introducing a new range of tractors in the 40-50 horsepower (HP) category. This strategic move involved an investment of approximately ₹200 crore, underscoring the company's commitment to addressing the evolving needs of modern agriculture.
India Agricultural Equipment Market Segmentation
Agricultural Equipment by Product Type Outlook
-
Power Reaper
- Walk-Behind Reaper
- Self-Propelled Reaper
-
Power Tiller
- Mini Power Tiller
- Medium Power Tiller
- Heavy-Duty Power Tiller
-
Power Weeder
- Manual Weeder
- Self-Propelled Weeder
- Multi-Functional Weeder
-
Transplanter
- Rice Transplanter
- Vegetable Transplanter
- Seedling Transplanter
-
Sprayers
- Manual Sprayers
- Knapsack Sprayers
- Powered Sprayers
-
Brush Cutters
- Electric Brush Cutters
- Gasoline Brush Cutters
-
Pump Sets
- Diesel Pumps
- Gasoline Pumps
- Electric Pumps
- Solar Pumps
-
Weather Stations
- Fixed Weather Stations
- Portable Weather Stations
-
Agri Drones
- Spraying Drones
- Mapping and Monitoring Drone
-
Harvesters
- Track-Type Paddy Harvester
- Self-Propelled Track-Type Harvesters
- Tractor-Pulled Track-Type Harvesters
- Combine Harvesters
- Self-Propelled Combine Harvesters
- Tractor-Pulled Combine Harvesters
- PTO-Powered Combine Harvesters
-
Tractor
- Utility Tractors
- Row Crop Tractors
- Orchard Tractors
- Industrial Tractors
- Garden Tractors
- Compact Tractors
Agricultural Equipment by Engine Type Outlook
- Diesel Engine
- Petrol Engine
- Electric/Battery Operated
- Hybrid Engine
- Solar-Powered Pumps
Agricultural Equipment by Functionality Outlook
- Manual Control
- Semi-Automatic
- Fully Automatic
Agricultural Equipment by Power Output Outlook
- Below 8 HP
- 8–12 HP
- 12–20 HP
- Above 20 HP
Agricultural Equipment by Application Outlook
-
Agriculture
- Crop Harvesting
- Soil Preparation
- Seeding and Planting
- Spraying
- Irrigation
- Horticulture
- Forestry
- Landscaping
- Construction
-
Drone Applications
- Aerial Spraying
- Farm Mapping and Monitoring
Agricultural Equipment by Distribution Channel Outlook
Agricultural Equipment by Region Outlook
-
India
-
North
- Uttar Pradesh
- Punjab
- Haryana
- Others
-
South
- Andhra Pradesh
- Tamil Nadu
- Telangana
- Others
-
East
- Bihar
- West Bengal
- Jharkhand
- Others
-
West
- Maharashtra
- Gujarat
- Others
Report Attribute/Metric |
Details |
Market Size 2024 |
INR 701.560 Billion |
Market Size 2025 |
INR 732.35 Billion |
Market Size 2035 |
INR 1,051.18 Billion |
Compound Annual Growth Rate (CAGR) |
3.68% (2025-2035) |
Base Year |
2024 |
Forecast Period |
2025-2035 |
Historical Data |
2019-2023 |
Forecast Units |
Value (INR Billion, Thousand Units) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Product Type, By Engine Type, By Functionality, By Power Output, By Application, By Distribution Channel |
Geographies Covered |
India |
Countries Covered |
India |
Key Companies Profiled |
Mahindra & Mahindra Group, Tafe Motors and Tractors Limited, Sonalika ITL, Escorts Kubota Limited, John Deere, CNH, KOTAI Electronics Pvt Ltd, Cordulus, Marut Drones, Kirloskar Brothers Ltd |
Key Market Opportunities |
·        Expansion of precision farming technologies ·        Market liberalization and foreign investments |
Key Market Dynamics |
·        Government support and incentives ·        Rising demand for high-quality produce |
Frequently Asked Questions (FAQ):
The India Agricultural Equipment Market was valued at INR 701.56 Billion in 2024.
The agriculture segment by Application holds the largest market share and grows at a CAGR of 3.38% during the forecast period.
Mahindra & Mahindra Group, Tafe Motors and Tractors Limited, Sonalika ITL, Escorts Kubota Limited, John Deere, CNH, KOTAI Electronics Pvt Ltd, Cordulus, Marut Drones, Kirloskar Brothers Ltd are prominent players in the India Agricultural Equipment Market.
The Above 20 HP segment dominated the market in 2024.