Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Inside the Booming Rs 1 trillion+ Farm Equipment Market
AgroSpectrum
|Agrospectrum India May 2025
India's agricultural sector is transforming, with the farm equipment market surpassing INR 1 trillion and growing at an impressive 8.5 per cent CAGR annually. This growth is driven by the increasing adoption of mechanisation, government support, and the need to address labour shortages, reshaping traditional farming practices nationwide.
Four key equipment categories shape India's agricultural mechanisation
The agricultural equipment market in India comprises several key segments:
- Soil Cultivation Equipment: The largest segment includes tractors, ploughs, and cultivators. Major players like Mahindra & Mahindra, TAFE, and Kubota dominate this space, driven by the mechanisation of primary farming operations.
- Irrigation Machinery: Companies like Jain Irrigation and Netafim lead innovations in water-efficient solutions, such as drip systems and sprinklers, crucial for sustainable farming.
- Planting Machines: Seed drills, planters, and fertiliser applicators are gaining traction, with companies like John Deere offering precision planting solutions.
- Harvesting Equipment: Reapers and threshers are seeing steady growth as farmers aim to optimise harvest operations and reduce post-harvest losses.
Labour shortages and government support accelerate farm equipment adoption
Several factors are propelling the growth of India's agricultural implements market, including:
- Labour Shortages: Rural-urban migration and alternative employment opportunities are pushing farmers toward mechanisation.
- Government Initiatives: Subsidies, reduced import duties, and financing schemes are making equipment more accessible.
- Rising Farm Incomes: Improved productivity and better crop prices enable farmers to invest in modern tools.
- Technological Integration: Precision agriculture and IoT-enabled equipment are attracting younger generations to farming.
- Contract Farming: This model is facilitating technology adoption, particularly among small and medium farms.
Denne historien er fra Agrospectrum India May 2025-utgaven av AgroSpectrum.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA AgroSpectrum
AgroSpectrum
Phygital Techbased & Policy-driven Strategy for AGRI SUPPLY CHAIN
Agricultural supply chains and global trade flows have grown substantially, driven by technological progress, trade liberalisation, and rising global demand. Major producing and importing countries dominate these flows, with commodity crops and high-value products such as fruits and nuts leading this growth.
10 mins
August 2025
AgroSpectrum
Sixth Sense Ventures invests $7 Mn in Eeki to accelerate climate-resilient farming
Eeki, one of India’s leading agritech disruptors, has raised $7M from Sixth Sense Ventures.
1 min
August 2025
AgroSpectrum
Unlocking Regenerative Agriculture with Saguna Regenerative Technique
In the face of climate change, soil degradation, and unsustainable farming systems, the Saguna Regenerative Technique (SRT) is emerging as a game-changer for Indian agriculture. Developed by Saguna Rural Foundation at Saguna Baug SRT is a zero-till, no-burn, residue-retaining method that enhances soil health, boosts yields, and significantly reduces the carbon footprint of farming. While its benefits to farmers are well-documented, the technique also opens up a transformative set of opportunities for industries, innovators, and sustainable supply chains.
1 mins
August 2025
AgroSpectrum
Arkema expands Singapore plant to advance biobased polymer manufacturing from castor beans
Arkema, the world’s largest integrated factory dedicated to advanced bio-circular materials, located on Jurong Island, Singapore, announced the addition of another unit site, alongside its plant celebration event.
1 min
August 2025
AgroSpectrum
IRRI hackathon focuses on Enterprise Breeding System integration
In a major push to enhance the efficiency of digital tools in crop breeding, experts from around the world gathered at the International Rice Research Institute (IRRI) for a weeklong hackathon centred on BrAPI, the Breeding Application Programming Interface.
1 min
August 2025
AgroSpectrum
China's Attempted Strategic Squeeze
In the swirling eddies of global trade, few relationships are as complex—and as consequential— as that between India and China. These two Asian behemoths, home to nearly 3 billion people combined, have walked diverging yet strangely parallel economic paths. Today, both countries stand tall in the global economy, yet their trade relationship tilts sharply.
7 mins
August 2025
AgroSpectrum
The Philippines unveils first national omics research centre
The Korea International Cooperation Agency (KOICA), University of the Philippines Los Baños (UPLB), and the International Rice Research Institute (IRRI) have jointly launched the Philippines’ first national omics research centre—the Agricultural Genomics Research Center (AGRC)—to fasttrack innovation in food and agriculture.
1 min
August 2025
AgroSpectrum
Tackling Biostimulant Crisis Amid Regulatory Challenges
With complaints arising from farmers across the country about the use of biostimulants, the government has directed the Ministry of Agriculture officials to come up a status report of biostimulants including the history, the number of registered and verified products, market control measures, sampling and testing procedures, methods to identify genuine versus fake products and legal provisions for action in case of violations.
2 mins
August 2025
AgroSpectrum
"To guarantee that farmers.conform to regulations, employing organisations need to implement severe quality control methods"
The National Livestock Mission is one of several government programmes aimed at raising livestock productivity. In line with government objectives, contract farming allows farmers to secure guaranteed prices and markets. The Model Contract Farming Act is one example of a reform that seeks to establish fair and open standards for contract farming. In India contract livestock farming is a boon for both farmers and agribusinesses, signalling a sea change in the agricultural industry. This approach is poised to become a fundamental component of India's agricultural economy in 2025 and beyond by guaranteeing financial security for farmers and catering to the increasing demand for animal products. To get a more detailed view of the contract livestock farming sector in India, AgroSpectrum had an exclusive conversation with Shan Kadavil, Co-Founder of Fresh to Home. The company posted a yearly revenue run rate of around Rs 850 crore in FY 2024. Compared to their FY23 revenue of about Rs 110.3 crore, which resulted in a loss of Rs 409.5 crore, this was a huge increase. These figures indicate that the contract livestock farming sector is transforming the business operations. Edited excerpts:
3 mins
August 2025
AgroSpectrum
Five Indian experts named to 2025 Top Agri-Food Pioneers list
In a significant recognition of India’s rising influence in agri-food innovation, five Indian changemakers have been named to the World Food Prize Foundation’s 2025 Top Agri-Food Pioneers (TAP) list.
1 min
August 2025
Listen
Translate
Change font size