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    India Tractor Sales Growth Forecast: Good Monsoon Impact

    India Tractor Sales Growth Forecast: Good Monsoon Impact

    ICRA projects 4-7% growth in India tractor sales for 2025-26, driven by a favorable monsoon and sustained agricultural production. Commodity prices may rise due to steel tariffs. Early monsoon arrival boosts demand.

    Tractor Sales Surge: Record Highs Expected by 2026

    Tractor Sales Surge: Record Highs Expected by 2026

    Domestic tractor sales are projected to reach a record high of 975,000 units by 2026, driven by higher MSP, replacement demand and TREM V implementation. Growth of 3-5% is expected.