India’s tractor industry entered 2026 after one of its strongest years on record. Domestic industry sales reached about 11.60 lakh tractors in FY2025-26, up 23.5% from the previous year. Demand was supported by a favourable monsoon, healthy reservoir levels, better rural purchasing power, policy support and a continuing shift toward farm mechanisation. Tractors are also being used more widely for haulage, horticulture and commercial farm work, so buyers now look beyond basic horsepower when choosing a brand.
The market is also becoming more specialised. Compact tractors are gaining importance in orchards and vineyards, 4WD models are expanding beyond niche use, and higher-horsepower machines are increasingly paired with rotavators, balers, loaders and other implements. Dealer reach, spare-parts availability, financing, fuel efficiency and resale value can therefore matter as much as the tractor’s engine specification.
Here are the Top 10 Tractor Companies in India in 2026, selected for sales scale, market presence, manufacturing capability, product range, dealer and service reach, technology, farm-equipment ecosystem and long-term relevance to Indian agriculture.
1. Mahindra & Mahindra
Mahindra remains India’s clear tractor leader. Its Farm Equipment Sector sold 5,26,403 tractors in FY2025-26, including exports, while its domestic tractor market share reached 43.6%. The group operates through Mahindra Tractors, Swaraj and Gromax, giving it unusually broad coverage across mainstream, value and application-specific segments. In June 2026, Mahindra also crossed the milestone of 70 lakh tractors produced. Its scale, rural dealer reach, implement portfolio and strength in both Mahindra and Swaraj make it the country’s most influential tractor company.
2. TAFE – Tractors and Farm Equipment Limited
TAFE is India’s second-largest tractor company by volume and one of the world’s major tractor manufacturers. It recorded its highest-ever FY2025-26 sales at 2,14,951 tractors, with both Massey Ferguson and Eicher reaching record levels. TAFE also exported 12,584 tractors during the year. Its portfolio includes Massey Ferguson, Eicher, TAFE and IMT, supported by more than 1,600 dealers. The combination of strong domestic brands, manufacturing depth, exports and a wide horsepower range keeps TAFE firmly in the top tier.
3. International Tractors Limited – Sonalika
International Tractors Limited, the company behind Sonalika, remains one of India’s largest independent tractor manufacturers. Sonalika says it achieved its biggest-ever annual sales of 1,80,504 tractors in FY2025-26. The company offers tractors from about 20 HP to 120 HP and serves customers across 150 countries. Its Hoshiarpur manufacturing complex, large channel network and strong position in exports give it scale beyond the domestic market. Sonalika is especially visible in heavy-duty field applications and region-specific tractor configurations.
4. Escorts Kubota Limited
Escorts Kubota is one of India’s largest agricultural-machinery companies, combining the long-established Farmtrac and Powertrac businesses with Kubota’s technology and global agricultural expertise. The company sold 1,33,670 tractors in FY2025-26, including 1,26,994 in the domestic market. It has strength across general farming, haulage, higher-horsepower applications and increasingly modern farm mechanisation. The integration of Escorts and Kubota operations gives the company a broader technology base and makes it one of the strongest challengers to India’s three biggest tractor groups.
5. John Deere India
John Deere has built a substantial Indian tractor and farm-equipment business since starting local operations in 1998. Its current Indian portfolio stretches from 28 HP speciality tractors for orchards and narrow-field work to the 130 HP 5M series, alongside implements and precision-agriculture technology. John Deere India also supports global engineering from its Pune technology centre and has a workforce of roughly 5,500 people. Strong 4WD capability, advanced features, financing and a five-year or 5,000-hour warranty on many current tractor ranges strengthen its premium position.
6. CNH India – New Holland Agriculture
CNH India has developed New Holland into a major tractor brand while also making India an important export manufacturing base. In July 2026, its Greater Noida plant rolled out its 8,00,000th tractor. The facility has annual capacity of about 60,000 tractors, being expanded toward 70,000, and supplies domestic as well as more than 90 export markets. New Holland’s range, farm implements and strength in mechanisation beyond tractors make CNH particularly important in higher-productivity farming and commercial agricultural applications.
7. VST Tillers Tractors
VST is much smaller than the national tractor giants, but it holds an important position in compact farm mechanisation. In FY2025-26, the company sold 4,596 tractors, up 18% in the domestic tractor business, while power-tiller sales reached a record 50,332 units. Revenue also rose to about Rs 1,240 crore. VST is particularly relevant for small farms, horticulture, inter-cultivation and operations where a full-size tractor may be unnecessary. Its mix of compact tractors, tillers and weeders gives it a distinctive niche.
8. SAME DEUTZ-FAHR India
SAME DEUTZ-FAHR has manufactured tractors in India since the 1990s and operates a major plant at Ranipet, Tamil Nadu. The facility produces low and mid-power tractors from roughly 35 HP to 100 HP as well as diesel engines for domestic and export use. In India, the DEUTZ-FAHR range includes Series 3E, Agromaxx and Agrolux tractors, with strong emphasis on 4WD, robust transmissions and specialised applications. Its Indian presence is smaller by volume, but the company’s engineering depth and global agricultural-machinery background give it strong technical credibility.
9. Captain Tractors
Captain Tractors has built its reputation around mini and compact tractors rather than competing directly with the largest 40-50 HP brands. Founded in Rajkot in 1994, the company says it introduced India’s first mini tractor in 1998. Its present range includes compact models from about 12 HP to 28 HP, in both 2WD and 4WD configurations. Captain reports manufacturing capacity of around 1,500 tractors per month and more than one lakh tractors in use. It is particularly relevant for small holdings, orchards and inter-row cultivation.
10. Indo Farm Equipment
Indo Farm Equipment rounds out the list as an Indian manufacturer with a surprisingly broad tractor range. Its Baddi, Himachal Pradesh facility produces tractors from about 20 HP to 110 HP, including 2WD and 4WD models, and the company reports installed capacity of 18,000 tractors annually. Indo Farm also manufactures engines, cranes and agricultural implements and operates its own foundry and machining facilities. Although its market share is modest, its wide horsepower coverage and vertically integrated manufacturing make it a meaningful domestic tractor company.
Tractor Buying Guide: How to Choose the Right Tractor in 2026
Start with the work the tractor must do, not with the biggest horsepower figure available. For small farms, orchards and inter-cultivation, a compact or lower-HP tractor may be easier to manoeuvre and cheaper to run. Medium and larger farms that regularly use rotavators, cultivators, seed drills, balers, loaders or heavy haulage may need more engine power, tractor weight, hydraulic lift capacity and PTO performance. Check whether the implements you already own – or plan to buy – are properly matched to the tractor’s PTO power, linkage and hydraulic capacity.
Next, compare the complete ownership package. Decide whether 2WD is sufficient for your soil and terrain or whether 4WD is justified by wet fields, slopes, heavy implements or loader work. Test driving position, steering, clutch effort, gear layout and turning radius because operator comfort matters during long working days. Finally, check the nearest authorised dealer, service response, spare-parts availability, warranty, finance terms, insurance and expected resale demand in your district. A slightly cheaper tractor can become expensive if parts are difficult to obtain or the machine loses valuable working days during sowing or harvesting season.
Conclusion
India’s tractor industry in 2026 is led decisively by Mahindra & Mahindra, followed by TAFE and International Tractors, while Escorts Kubota, John Deere and CNH provide strong competition across mainstream and technology-led segments. VST, DEUTZ-FAHR, Captain and Indo Farm are smaller, but they remain relevant through compact tractors, specialised applications or broader engineering capability.
For farmers, the strongest company on paper is not automatically the best purchase locally. The right tractor is the one that matches the farm’s implements and soil conditions and is backed by a dependable nearby dealer, readily available parts and service that can keep the machine working during critical agricultural seasons.
FAQs
Q1. What should a farmer compare when two tractors have the same horsepower?
Horsepower alone does not show how two tractors will perform. Compare engine torque, tractor weight, hydraulic lift capacity, PTO options, gearbox ratios, fuel consumption, tyre size and compatibility with the implements you actually use. Local dealer quality, spare-parts availability and service turnaround can be equally important over a ten-year ownership period.
Q2. Is buying a higher-HP tractor always a better long-term decision?
No. An oversized tractor costs more to buy, can consume more fuel and may be less convenient in small fields. Choose horsepower for the heaviest regular job you expect the tractor to perform, with reasonable reserve capacity. Paying for power that is rarely used usually gives a poorer return than buying the correct tractor and matching implements.
Q3. When is paying extra for a 4WD tractor worthwhile?
4WD is most useful on wet soil, slopes, orchards, loose ground and farms using loaders or heavy implements where extra traction matters. For mostly dry, level land and routine light work, a 2WD tractor may remain more economical. The decision should be based on field conditions and implements rather than assuming 4WD is automatically superior.
Q4. Why can the final price of the same tractor differ from one dealer or state to another?
The advertised figure may be an ex-showroom price, while the final amount can include insurance, registration-related charges where applicable, accessories, tyre choices, implements and finance costs. Dealer discounts and seasonal schemes also vary. Buyers should ask for a written breakup and compare the complete on-road or delivered cost, not only the headline price.
Q5. How important is resale value when choosing a tractor company?
Resale value matters if you normally replace tractors after several years or use the machine intensively. Brands with strong local demand, easy spare-parts availability and a dense service network usually have a more liquid used-tractor market. However, a high resale reputation should not outweigh poor local service or a model that is unsuitable for your farm.