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Agricultural Equipment Market in India – a snapshot

  • January 2015
  • -
  • Madras Consultancy Group
  • -
  • 10 pages

The contribution of agriculture and allied sectors to India’s GDP stood at around 13.7% in 2012-13 (at 2004-05 prices). Agricultural production was estimated at 264.3 million tonnes in 2013-14 and is expected increase further. Farm mechanisation coupled with adequate farm power is now a crucial component for farm operation. Farm mechanization reduces labour time, post-harvest loss and helps to cuts down production cost in the long run. Given the labour scarcity and the Government’s subsidy programs, adoption of farm mechanisation is set to improve.

This note on Agricultural Equipment Market in India has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers of the Agricultural Equipment Market in India.

This report can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the Agricultural Equipment Market in India. Senior managers can also use this snapshot for making presentations to internal audiences, customers, collaborators and channel partners.

Table Of Contents

Agricultural Equipment Market in India - a snapshot
A. Introduction
B. Industry Structure
C. Market Overview
C.1 Market for agricultural equipment
D. Details of Select Equipment
D.1 Tractors
D.2 Threshers
D.3 Power tillers and Rotavators
D.4 Zero till seed drill
D.5 Harvesters
D.6 Rice Transplanters
E. Trade Details
F. Key Players
G. Recent Developments

List of Figures

Figure1: Agriculture: Key stages and corresponding equipment used (select equipment)
Figure2: Sale of Select Agricultural Equipment: Break-up by units, 2013-14, in %
Figure3: Trend in Farm Power Availability over the Last Five Decades, kW/ha
Figure4: Trend in Tractor Sales over the Past Five Years, in 000 nos
Figure5: Tractors: Market Share by Companies, %, 2013-14

List of Tables

Table1: India- Agricultural Highlights
Table2: Agricultural Equipment: Trends in trade, 2012-2014, INR Billion
Table3: Leading manufacturers of select segments

Companies Mentioned

Balkar Combines
CLAAS India Ltd
Escorts Group
Hira Agro Industries
International Tractors Ltd
John Deere
Kartar Agro Industries Pvt. Ltd
Kerala Agro Machinery Corporation Ltd.
Kubota Agricultural Machinery India Pvt. Ltd.
Mahindra and Mahindra
New Holland
Preet Agro Industries Pvt. Ltd
Standard Combines
Tractors and Farm Equipment
Vishal Combines
VST Tillers Tractors Ltd.
Yanmar India

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