India Agriculture and Farm Machinery Market (2025-2031) | Size, Outlook, Industry, Value, Analysis, Forecast, Companies, Trends, Revenue, Growth & Share

India Agriculture and Farm Machinery Market Highlights

Report Name	India Agriculture and Farm Machinery Market
Forecast period	2025-2031
CAGR	7.1%
Growing Sector	Precision Agriculture

Topics Covered in the India Agriculture and Farm Machinery Market Report

The India Agriculture and Farm Machinery Market report provides a comprehensive analysis of equipment, key drivers, challenges, and technological advancements influencing market trends.

India Agriculture and Farm Machinery Market Synopsis

The India agriculture and farm machinery market is experiencing robust growth due to increasing the mechanization, government subsidies, and a strong push toward pushed farming. As one of the biggest agricultural economies, India is embracing modern farming procedures to boost productivity and address less labor. increasing food demand, coupled with technological innovations such as GPS-guided tractors and automated irrigation procedures, is further driving market growth. However, high machinery costs, fragmented land holdings, and limited farmer awareness regarding advanced equipment remain same challenges.

According to 6Wresearch, the India Agriculture and Farm Machinery Market is projected to grow at a CAGR of 7.1% during the forecast period 2025-2031. Government initiatives, including the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) and the Sub-Mission on Agricultural Mechanization (SMAM), are playing a important role in sharpened the accessibility of farm equipment’s. Additionally, the increasing penetration of rental services and cooperative farming process is expected to support small-scale farmers in adopting mechanized results.

Despite positive results, factors such as high initial funding, regional disparities in mechanization procedures, and dependency on seasonal demand pose limitations. However, the continued emphasis on sustainable agriculture and farm automation is expected to growth significant advancements in the sector.

India Agriculture and Farm Machinery Market Trends

Key trends influencing the market include:

• Government Subsidies & Policy Support: Initiatives like SMAM and farm mechanization programs are promoting equipment adoption.
• Increasing Penetration of Rental & Leasing Services: Companies are offering rental-based farm machinery solutions to small and medium farmers.
• Expansion of Smart Farming Technologies: Use of IoT, AI, and remote sensing tools to enhance farm productivity.
• Growing Demand for Tractors & Harvesters: Increased mechanization in staple crop farming is driving demand.

Investment Opportunities in the India Agriculture and Farm Machinery Market

Key investment areas include:

• Local Manufacturing of Agricultural Machinery: Expansion of domestic production to reduce import dependency.
• Growth of Agritech Startups: Increased funding and innovation in farm automation and mechanized solutions.
• Precision Farming Equipment & IoT Solutions: Adoption of automated irrigation, AI-driven analytics, and smart sensors.

Leading Players in the India Agriculture and Farm Machinery Market

Major market players include Mahindra & Mahindra, John Deere, CNH Industrial, TAFE, Escorts Limited, Kubota Corporation, and local equipment manufacturers supplying India’s agricultural sector.

Government Regulations in the India Agriculture and Farm Machinery Market

Government policies play a important role in shaping the agricultural machinery area. The Ministry of Agriculture and Farmers Welfare has introduced many schemes to boost farm process. Programs such as PM-KISAN, SMAM, and Kisan Credit Card (KCC) have maintained financial access for farmers, enabling greater funding in farm equipment. However, challenges such as uneven policy implementation and bureaucratic delays may harsh efficiency.

Future Insights of the India Agriculture and Farm Machinery Market

The India agriculture and farm machinery market is set to grow increased by technological advancements, increasing farmer awareness, and rising government support. The transition toward sustainable agriculture, climate-resilient farming techniques, and digitization will further enhance market techniques. Additionally, collaborations between agritech startups and machinery manufacturers will pave the way for next-generation farming results.

Market Segmentation Analysis

The report provides insights into the following segments:

Tractors to Dominate the Market – By Equipment Type

According to Ravi, Research Head at 6Wresearch, Tractors play a important role in India's agriculture and farm machinery area, serving as the backbone of mechanized farming. With the main area of the country's population reliable on agriculture for their livelihood, tractors have become essential for increasing productivity and efficiency in areas. Modern tractors are equipped with modern technology, enabling farmers to perform a large range of tasks such as plowing, sowing, and harvesting with ease. The adoption of tractors has also contributed to less the dependence on manual labor and improving the overall profitability of farming operations.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Agriculture and Farm Machinery Market Overview
• India Agriculture and Farm Machinery Market Outlook
• India Agriculture and Farm Machinery Market Forecast
• India Agriculture and Farm Machinery Market Size and India Agriculture and Farm Machinery Market Forecast until 2031
• India Agriculture and Farm Machinery Market Share, By Equipment
• India Agriculture and Farm Machinery Market Share, By HP Range
• India Agriculture and Farm Machinery Market Share, By Region
• Historical Data of India Agriculture and Farm Machinery Market Revenues and Volume for the period, 2021-2031
• Market size and forecast of India Agriculture and Farm Machinery Market Revenues and Volume until 2031
• Historical Data of India Agriculture and Farm Machinery Market Revenues and Volume, By Equipment, for the Period 2021-2031
• Market size and forecast of India Agriculture and Farm Machinery Market Revenues and Volume, By Equipment, until 2031
• Historical Data of India Agriculture and Farm Machinery Market Revenues and Volume, By HP Range, for the Period 2021-2031
• Market size and forecast of India Agriculture and Farm Machinery Market Revenues and Volume, By HP Range, until 2031
• Historical Data of India Agriculture and Farm Machinery Market Revenues and Volume, By Region, for the Period 2021-2031
• Market size and forecast of India Agriculture and Farm Machinery Market Revenues and Volume, By Region, until 2031
• India Agriculture and Farm Machinery Market Drivers and Restraints
• India Agriculture and Farm Machinery Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• India Agriculture and Farm Machinery Market Opportunity Assessment
• India Agriculture and Farm Machinery Market Revenue Share, By Company
• India Agriculture and Farm Machinery Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

India Agriculture and Farm Machinery Market Report Covered:

The report provides a detailed analysis of the following market segments:

By Equipment:

• Tractor
  • Up to 30 HP
  • 30.1 HP- 70 HP
  • 70.1 HP- 130 HP
  • 130.1 HP- 200 HP
• Combine Harvester
  • 30.1 HP- 70 HP
  • 70.1 HP- 130 HP
  • 130.1 HP- 200 HP
• Thresher
  • Up to 30 HP
  • 30.1 HP- 70 HP
• Pump
  • Up to 30 HP
  • 30.1 HP- 70 HP
  • 70.1 HP- 130 HP
  • 130.1 HP- 200 HP
  • Above 200 HP
• Power Tiller
  • Up to 30 HP
  • 30.1 HP- 70 HP
• Rotavator
  • Up to 30 HP
  • 30.1 HP- 70 HP
  • 70.1 HP- 130 HP
• Others