Top 10 Tractor Companies in India in 2023
Table of Content
Introduction
Tractors have become the most important part of a farmer’s life, and their usage in agriculture makes them one of the most valuable assets in farming. Agriculture operations cannot be done without a tractor in this modern age. A tractor is a multitasking vehicle that can effectively do different farming works easily, saving the farmers time and cost.
With the increase in tractor demands in the Indian farming industry, the competition among top tractor companies is also increasing. The top tractor companies in India are constantly manufacturing tractors that are rich in quality. With new innovations and technologies emerging from time to time, the top tractor manufacturers in India are giving their best to provide best-in-class tractors in the Indian market.
Recent figures show that Indian tractor companies produce more than 6 lakh units annually to support agricultural operations in India. The tractor market is expected to rise in the future because of the increasing demand for tractors in the Indian farming industry.
Farmers must learn everything about a tractor brand in India before they plan to buy one. So, let’s have a look at the list of tractor companies in India.
Top Tractor Companies in India
Today, most tractor companies are producing top-notch tractors under different price sections. The companies keep the farmers’ budgets and requirements in mind, and that’s why they manufacture both budget-friendly and premium tractors to cover all farming needs.
In India, top brands manufacture tractors with innovative technology that offers powerful performance and high reliability.
Let’s discuss some top tractor manufacturing companies that one should consider before buying a tractor.
Mahindra & Mahindra
Among all the top tractor manufacturers in India, Mahindra stands at the topmost place. It has been India’s no 1 tractor company for the last thirty years because of its two subdivisions, Mahindra and Swaraj. The top-notch tractors manufactured by this company made their presence strong not only in India but also in more than 40 countries all over the world.
The recent sales report for the financial year 2023 shows a huge growth of almost 50% compared to the financial year 2022 sales. It shows the popularity of Mahindra tractors in the Indian farming industry.
Mahindra Tractors
Mahindra tractors is famous among the farmers in India for its robust and affordably priced tractors. The tractors come in different series. Some of the famous ones are Mahindra Novo series, Mahindra Yuvo series, Mahindra Jivo series, Mahindra SP Plus series, and Mahindra XP Plus series, among others.
The on-road cost of Mahindra tractors in India starts from INR 3 lakhs* and goes up to INR 16 lakhs*. Mahindra manufactures tractors in a horsepower range of 15 HP to 75 HP.
USP of Mahindra tractors
- The company offers world-class customer support and service in India.
- Most models of Mahindra tractors are highly fuel-efficient and best suited for Indian farming conditions.
- The company uses advanced and innovative technology during the manufacturing of its tractors.
- The tractors of this brand are reasonably priced and made with excellent materials.
- Mahindra 575 DI is the no 1 tractor in India which comes from the Mahindra brand. It is also the most selling tractor in India.
Swaraj Tractors
Swaraj tractors is another subdivision of Mahindra & Mahindra company that offers excellent tractors in the Indian market. It is another topmost brand widely preferred by Indian farmers. Mahindra & Mahindra acquired this brand in 2007, and since then, it has been the second topmost tractor brand in the country.
The on-road cost of Swaraj tractors in India ranges from INR 2 lakhs* to INR 16 lakhs*. The company produces tractors in the horsepower range of 11 HP to 75 HP.
USP of Swaraj tractors
- The company produces tractors by keeping in mind the operator’s comfort.
- All the Swaraj tractor models consist of a powerful engine according to the needs of Indian farmers.
- Swaraj tractors have a low maintenance cost, and all the models are fuel efficient.
- The affordable price range of Swaraj tractors makes them one of the preferred tractors in India.
- Swaraj 744 FE and Swaraj 855 FE are the most popular tractor models from Swaraj.
Sonalika (International Tractors Ltd)
Sonalika tractors is another popular tractor brand in India that offers tractors in more than 130 countries worldwide. It is among the top 5 tractor companies in India. The company is famous for providing versatile and reliable tractors in the Indian farming section that can perform all the tasks with ease. The company has a customer base of more than 11 lakhs in India.
Sonalika tractor brand experienced a massive growth of 14% in the sales report for the financial year 2023 compared to the previous financial year. The growth in the sales report proves the popularity of Sonalika tractors in India.
The on-road price of Sonalika tractors in India starts from INR 3 lakhs*and it goes up to INR 13 lakhs*. The horsepower range of Sonalika tractors is between 11 HP to 75 HP.
USP of Sonalika tractors
- The company uses the latest technology and advanced engineering for the manufacturing of its tractors.
- The brand has a global presence with its operation in 130 plus countries, making it the topmost brand in the world.
- The tractors manufactured by the brand are reasonably priced and can easily perform all farming operations.
- The brand produces fuel-efficient tractors that help farmers reduce costs and earn more profits.
- Some popular models of this brand are Sonalika Sikander RX 750 III DLX, Sonalika Sikander DI 745 III, and Sonalika DI 35, among others.
John Deere Tractors
John Deere tractors is an international tractor brand based in the US and has gained popularity quickly in the Indian market. It manufactures the most technologically advanced tractors in India. All the John Deere tractor models are equipped with the latest features and innovative technology.
The tractors are divided into various series as per their usage, such as the John Deere D series, John Deere E series, John Deere EN series, and John Deere Trem IV series. John Deere tractors consist of a powerful engine and robust build quality, making them unique from others.
The on-road cost of John Deere tractors in India starts from INR 5 lakhs*. The tractors manufactured under the brand name John Deere have a horsepower range of 28 HP to 120 HP.
Unique Features of John Deere Tractors
- The company produces the most powerful and technologically advanced tractors.
- John Deere was the first one to introduce 4-wheel-drive tractors in the 40 HP range in India.
- The company was the first one to provide EQRL technology in the hydraulic so that implements could be attached to the tractors easily.
- John Deere is the only tractor brand in India that offers wet clutch technology in their tractors.
- John Deere 5310 Trem III is the most popular tractor model of the John Deere brand.
TAFE
Tractor And Farm Equipment Company, commonly known as TAFE, is the second topmost tractor manufacturing company in India in terms of volume. The brand has gained immense popularity because of its subdivisions, such as Eicher and Massey Ferguson. The company started its operations in India in 1960, and since then, it has expanded its business to more than 100 countries worldwide.
The company saw a huge sales growth of more than 12% in the financial year 2023 compared to the financial year 2022. Its subdivisions, Massey Ferguson and Eicher are widely preferred by farmers in India.
Massey Ferguson Tractors
The brand is famous among Indian farmers because of its versatile range of tractors manufactured for different farming tasks. Massey Ferguson tractors has divided its tractors into various series, such as the Massey Ferguson Dynatrack series, and Massey Ferguson Magnatrak series, among others.
The on-road cost of Massey Ferguson tractors in India starts from INR 3 lakhs* to INR 18 lakhs*. The company produces tractors with a horsepower range of 20 HP to 75 HP.
Unique Features of Massey Ferguson Tractors
- The company manufactures tractors using world-class engineering and advanced technology.
- Massey Ferguson tractors are specially designed, keeping Indian farming conditions in mind.
- The MF tractors offer excellent mileage due to the presence of fuel-efficient engines.
- The company provides the best customer service experience to its customers with 24X7 customer support availability.
- Massey Ferguson 241 DI is the most popular tractor from the Massey Ferguson brand.
Eicher Tractors
Eicher tractors is popular in India because of its fuel-efficient and affordable tractors. It is the only tractor company in India that provides air-cooled engines in their tractors. The company started the production of tractors in India in 1959. Since then, it has gained massive popularity and is one of the top choices in the Indian agriculture sector.
The on-road price of Eicher tractors in India ranges between INR 2 lakhs* to INR 10 lakhs*. The brand produces tractors in the horsepower range of 18 HP to 60 HP.
Unique Features of Eicher Tractors
- The company is famous for offering the most cost-effective tractors in the market.
- It is the only brand that still provides air-cooled engine technology in its tractors.
- The company manufactures tractors keeping in mind the budget of low-segment farmers. That’s why Eicher tractors are highly affordable.
- Eicher tractors have a low maintenance cost, and the easy availability of spare parts makes them an ideal choice for Indian farmers.
- Eicher 380 and Eicher 551 are the most popular tractor models from the Eicher brand.
Escorts
Escorts tractors is another popular name in the Indian tractor industry that has been working for the improvement of the productivity of farmers in India since the day it began its operation. The company produces the best quality tractors under three sub-divisions: Powertrac, Farmtrac and Digitrac.
The Escorts tractor company has seen a massive sales growth of more than 9% in the financial year 2023 compared to the sales volume of the financial year 2022. Farmers widely prefer the Farmtrac, Powertrac and Digitrac tractors because of their powerful performance and fuel efficiency.
Powertrac Tractors
Powertrac tractors are designed to provide a balance of price to performance to the farmers. The tractors from the Powertrac brand have robust engines and offer better fuel efficiency than the other brand tractors.
The brand has divided its range of tractors into different series, such as the Powertrac DS series, Powertrac Euro series, and Powertrac Powerhouse series, among others.
The on-road price of Powertrac tractors in India starts at INR 5 lakhs* and goes up to 11 lakhs*. The horsepower range of Powertrac tractors is between 25 HP to 60 HP.
Unique Features of Powertrac Tractors
- Powertrac tractors are manufactured using cutting-edge technology to provide maximum performance.
- The company has kept a balance between power and performance in its tractors, making it ideal for farmers in different segments.
- Farmtrac tractor is cost-effective and suits the budget of small farmers in India.
- The brand follows a customer-centric approach, that’s why Powertrac tractors are widely famous among farmers.
- Powertrac Euro 50 and Powertrac Euro 60 are some of the popular models from the Powertrac brand.
Farmtrac Tractors
Farmtrac tractors are famous in the Indian market because of their outstanding power and traction, providing powerful performance, high driving comfort and adaptability. It is the sub-brand of the Escorts group that produces the most powerful tractors among the other sub-brands.
The brand offers tractors divided into different series, which are the Farmtrac Classic series, Farmtrac Powermaxx series, and Farmtrac XP series.
The on-road price of Farmtrac tractors in India ranges between 6 lakhs* and 12 lakhs*. The horsepower range of Farmtrac tractors is between 26 HP to 65 HP.
Unique Features of Farmtrac Tractors
- Farmtrac tractors are produced using the latest and innovative technology.
- The premium engines provided in these tractors offer robust performance on Indian agricultural lands.
- Farmtrac tractors come with high lifting capacity making them suitable for working with heavy implements.
- The fuel efficiency of Farmtrac tractors is high as the company focuses on keeping the cost low to suit the farmers’ budget.
- Farmtrac 60 Valuemaxx and Farmtrac 45 Classic Valuemaxx are the most popular models from the Farmtrac brand.
Digitrac Tractors
Digitrac tractors is the first online brand in India whose tractors are famous for providing high performance and has the best-in-class appearance. The brand came into existence in 2019, and the purchase of this tractor can be made online only.
The on-road price of Digitrac tractors in India ranges from INR 5 lakhs* to INR 10 lakhs*. The horsepower range of Digitrac tractors is 47 HP to 60 HP.
Unique Features of Digitrac Tractors
- Digitrac tractor brand is the first online brand in India that offers doorstep demos and services of its tractors.
- The brand is available only in Punjab and Haryana.
- Digitrac tractors are manufactured using modernity, efficiency, innovation, uniqueness, etc.
- All the Digitrac tractor models come with an optional feature, which is a canopy that saves the operation in case of accidents.
- Digitrac PP46i, Digitrac PP43i, and Digitrac PP51i are the available Digitrac tractor models in India.
New Holland Tractors
New Holland tractors is another famous name in the Indian farming industry. It is one of the topmost international brands that has won the heart of millions of farmers in India. The build quality and affordable price of New Holland tractors make it the topmost choice of farmers in India.
The New Holland tractor company saw a sales growth of 10% in the financial year 2023 compared to the financial year 2022.
New Holland tractors are divided into various series, such as the New Holland Excel series and New Holland TX Series, among others.
The on-road cost of New Holland tractors in India starts from INR 5 lakhs* to INR 27 lakhs*. The horsepower range of New Holland tractors is between 29 HP to 90 HP.
Unique Features of New Holland Tractors
- New Holland tractors have tremendous build quality and high durability.
- The brand is one of the topmost international tractor brands in India.
- New Holland tractors offer optimum performance on the field with their powerful and premium quality engine.
- The company focuses more on accuracy, quality and affordability, which makes it one of the best tractor brands in the world.
- New Holland 3600-2 TX and New Holland 3630 TX Plus + are the most popular tractor models from the New Holland brand.
Kubota Tractors
Kubota is a Japanese company that has significantly gained massive popularity in the tractor market in India. The Kubota tractors are high in technology as the company uses advanced technology to manufacture the best tractor models in India.
The brand has gained the highest sales percentage in the financial year 2023 compared to the financial year 2022. The increased sales percentage is more than 21%.
Kubota offers different tractor series in India, such as the Kubota A series, Kubota B series, and Kubota MU series, among others.
The on-road price of Kubota tractors in India ranges from INR 4 lakhs* to INR 11 lakhs*. The tractors manufactured under the Kubota brand have a horsepower range of 21 HP to 55 HP.
Unique Features of Kubota Tractors
- Kubota tractor company is popular in India for providing top-outstanding and advanced technology tractor models.
- The company has kept the price ideal for all segments of farmers in India.
- All the Kubota tractor models come with a powerful diesel engine that can perform different agricultural tasks easily.
- The brand offers a balancer shaft in its MU series tractors that minimises the vibrations in the tractor. This feature was first introduced by Kubota only.
- Kubota MU 5501 and Kubota MU 5502 are the most popular tractor models from Kubota.
Captain Tractors
Captain tractors are the most popular name in the mini tractors segment. The company is the topmost producer of mini tractors in India. The aim of the brand is to provide compact tractors with powerful engines.
The company experienced a sales growth of around 14% in the financial year 2023 compared to the financial year 2022. The increase in sales shows Captain Tractors’ popularity in India.
The price range of Captain tractors starts from INR 2 lakhs* and goes up to 6 lakhs*. The horsepower range of Captain tractors is between 20 HP to 28 HP.
Unique Features of Captain Tractors
- Captain Tractors are the first brand that offers only mini tractors in India.
- The tractors manufactured by Captain are compact in size and have a powerful engine for effective performance.
- The fuel efficiency of Captain tractors is 40% less than the other brand tractors.
- The company offers reasonably priced mini tractors in India.
- The engines provided in Captain tractors have high emission standards and are approved by ARAI.
- Captain 200 DI, Captain 280 DI, etc., are the most popular Captain tractor models in India.
ACE (Action Constructions Equipment Ltd.)
ACE is an acronym for Action Constructions Equipment Ltd. It is a famous name in the Indian tractor industry for its tractors and agricultural farm machinery. ACE tractors are widely used in modern transportation, agriculture and development.
ACE company’s sales volume has increased rapidly in the financial year 2023. The sales volume has increased by more than 26% compared to the sales volume of the previous financial year.
The cost of ACE tractors in India ranges from INR 4 lakhs* to INR 16 lakhs*. The horsepower range of ACE tractors is between 20 HP to 90 HP.
Unique Features of ACE Tractors
- ACE company provides tractors in a wide range for both commercial and agricultural purposes.
- The brand keeps in mind the budget and requirements of Indian farmers, and that’s why ACE tractors are affordable.
- ACE tractors have low maintenance, which makes them a budget-friendly choice for farmers.
- The spare parts of ACE tractors are easily available, making them suitable for farmers in rural areas also.
- ACE DI 6565 and ACE DI 550 NG are the most popular tractor models from the ACE tractor brand.
Indo Farm Tractors
Indo Farm tractors is an Indian tractor company which is popular among customers for its best-in-class tractors. Along with providing the best quality tractors, the brand also focuses on providing the best after-sale service to its customers.
The sales volume of the financial year 2023 for the Indo Farm tractors declined by 6% compared to the sales volume of the previous final year. Still, the popularity is at the top level.
The cost of Indo Farm tractors in India ranges from INR 3 lakhs* to INR 18 lakhs*. The company manufacture tractors in the horsepower range of 20 HP to 110 HP.
Unique Features of Indo Farm Tractors
- The company produces tractors in a wide HP range to perform all types of farming activities.
- Indo Farm tractors have a high-fuel efficiency, that’s why farmers widely prefer them.
- Indo Farm tractors have a low maintenance cost.
- Indo Farm is a made-in-India brand, which means its tractors are produced in India, and the spare parts are easily available.
- Indo Farm 1026, and Indo Farm 3048 DI are the most popular models from the Indo Farm brand.
High competition in the market and innovation in technology has made all tractor company in India gear up and offers the best product in the market. So, featuring in the top 10 tractor companies in India is a challenging task, and the brand put a lot of effort into becoming number one. So, farmers get a wide range of options to select the tractors of their choice.
So, this is the list of the top 10 tractor brands in India in 2023. I hope you enjoyed reading the blog and getting all the useful information. For any queries regarding tractors or to read more blogs on tractors, stay tuned with Tractorkarvan.
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