The report of Grisil’s estimates is expected to reach about 9.75 lakh units in the fiscal year 2026, which shows a 3-5 percent increase compared to the previous year. The increase is mainly due to high monsoon, high minimum support price (MSP) for large cash crops and continued acceleration in construction work.
“Due to the good monsoon, the report said that tractor sales will reach 9.75 lakh new status. The demand for crop MSP is increasing and the demand for new tractors in exchange for older tractors is going to reach 9.75 million units by 2026. Earlier in the year 2023, the highest sales of 9.45 lakh units, while the sales of tractors continued to increase from 2019 to 2023.
Help for the sale of tractor from agriculture
In the fiscal year 2025, the industry has increased by 7 per cent in the sales of the tractor, which helped to advance the industry. The largest help in tractor sales in India is from agriculture, which contributes 70-75 per cent to demand, and the rest is 25-30 per cent from construction and related work.
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The report states that the new Trem E emission rules from April 1, 2026 can be further enhanced by the end of the fiscal year before the implementation of the rules of the fiscal year. The new emission rules are expected to increase the price of tractor by 10-20 percent based on mechanical capacity. This may encourage farmers and buyers to continue their shopping before the price hike.
TREM IV Rules Benefits
Even after the TREM IV rules were implemented, there was a similar trend, over 50 horsepower (HP) sales decline in the sales of high-capacity, and the demands increased to 41-50 HP models, and now it features a 64 percent market share. Girisillin analysis contained five major equipment manufacturer (OEMs), and he has more than 90 percent of the total industry.
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The operating rim of tractor companies can be a fixed rate of 13 to 1.5 percent in the 2026 fiscal year, the report said. This will help increase the sales of tractors and decline at its cost. A similar operating size has been seen in the last two financial years, which shows that the financial health of the country’s tractor sector is good.
(Tagstotranslate) tractor sales
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