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975,000 Tractors Sold in FY26
Mint Hyderabad
|April 22, 2025
Higher minimum support prices for key cash crops, better replacement and construction demand amid hopes of above-normal monsoon are likely to drive domestic tractor sales to hit an all-time high of around 975,000 units in 2025-26, growing at 3-5%, according to Crisil Ratings.
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A strategic capex cycle worth ₹4,000 crore is around the corner in the Indian tractor industry with capacity utilization nearing optimal levels of 75-80% and the push for cleaner technologies under TREM V, the firm said in a statement.
This story is from the April 22, 2025 edition of Mint Hyderabad.
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