Domestic Tractor Sales Report April 2026: Overall Growth of 26.82% in Industry

India Domestic Tractor Sales Report – April 2026

India’s domestic tractor industry began FY2026–27 on a strong note, registering total sales of 1,04,829 units in April 2026, compared to 82,660 units in April 2025. This reflects a healthy 26.82% year-on-year growth, driven by steady agricultural demand, improved rural sentiment, and early Kharif season preparations.

Brand-Wise Sales Performance

• Mahindra & Mahindra continued to dominate the market with 46,404 units, up from 38,516 units last year, recording 20.48% growth. However, its market share declined from 46.60% to 44.27% (-2.33%), indicating that competitors are growing at a faster pace.

• TAFE Limited delivered strong growth, selling 19,946 units compared to 14,462 units last year, achieving 37.92% growth. Its market share improved significantly from 17.50% to 19.03% (+1.53%), strengthening its position in the industry.

• International Tractors Limited (Sonalika)recorded 13,620 units, up from 9,955 units, with 36.82% growth. Its market share increased from 12.04% to 12.99% (+0.95%), reflecting consistent expansion.

• Escorts Kubota Limited sold 10,398 units, compared to 8,148 units last year, registering 27.61% growth. Its market share saw a marginal rise from 9.86% to 9.92% (+0.06%), indicating stable performance.

• John Deere reported 8,062 units, up from 6,856 units, showing 17.59% growth. However, its market share declined from 8.29% to 7.69% (-0.60%), suggesting relatively slower growth compared to peers.

• New Holland posted a strong performance with 4,842 units, up from 3,484 units, achieving 38.98% growth. Its market share improved from 4.21% to 4.62% (+0.40%).

• Captain Tractors recorded the highest growth rate, selling 425 units versus 209 units last year, reflecting 103.35% growth. Its market share increased from 0.25% to 0.41% (+0.15%).

• Indo Farm Equipment Limited sold 398 units, compared to 366 units last year, with 8.74% growth. Its market share declined slightly from 0.44% to 0.38% (-0.06%).

• Preet Tractors reported 383 units, up from 372 units, registering 2.96% growth, while its market share dropped from 0.45% to 0.37% (-0.08%).

• VST Tractors sold 285 units, compared to 250 units last year, showing 14% growth. Its market share decreased slightly from 0.30% to 0.27% (-0.03%).

• Same Deutz-Fahr recorded 66 units, up from 42 units, achieving 57.14% growth, with a marginal market share increase from 0.05% to 0.06% (+0.01%).

Overall Industry Trend

The domestic tractor market has started the financial year with strong momentum. Most leading brands reported solid double-digit growth, supported by favourable rural conditions and early agricultural activity.

While Mahindra & Mahindra continues to lead the market, competitors such as TAFE Limited, International Tractors Limited, and New Holland are gaining market share at a faster pace.

Smaller players like Captain Tractors have shown impressive growth percentages, although their volumes remain relatively low.

Conclusion

April 2026 highlights a competitive and expanding tractor market in India. Growth is well distributed across major and emerging brands, indicating rising demand and broader market participation. If rural demand and monsoon conditions remain favourable, the industry is likely to sustain this positive growth trend in the coming months.