By Priya Singh
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Updated On: 28-Apr-2023 08:51 AM
In 2023, various tractor manufacturers will compete in the market, but only a handful will have established themselves as industry leaders. India is one of the top tractors-producing countries in the world. In India, over 20 brands offer the greatest trac
In 2023, various tractor manufacturers will compete in the market, but only a handful will have established themselves as industry leaders. India is one of the top tractors-producing countries in the world. In India, over 20 brands offer the greatest tractors with current technology at reasonable prices. Let's look at the Top 10 Tractor Manufacturing Companies in India in 2023.
The agriculture sector in India is significant to the country's economy, and tractors are an important tool for farmers to improve productivity and efficiency in agricultural operations. The tractor industry in India has grown significantly as technology has advanced and demand for new farming solutions has increased.
In 2023, various tractor manufacturers will compete in the market, but only a handful will have established themselves as industry leaders. India is one of the top tractors-producing countries in the world. In India, over 20 brands offer the greatest tractors with current technology at reasonable prices. Let's look at the Top 10 Tractor Manufacturing Companies in India in 2023.
Mahindra & Mahindra Ltd, or Mahindra, is a renowned tractor manufacturer in India that has been assisting farmers for many years. Mahindra was founded in 1945 and has become a global leader due to its large range of reliable and durable tractors. They offer a wide range of tractors, from tiny to huge, all of which are appropriate for use in various agricultural applications. By merging current technology and research, the company creates innovative farming products. Mahindra & Mahindra tractors are well-known for their high quality and efficiency.
Also Read: Top 5 Mahindra Tractors For Farming - Prices & Features
Mahindra tractors are reasonably priced, ranging from INR 2.5 lakh to INR 12.50 lakh. The company is well-known in India for offering the highest-mileage tractors. Some of Mahindra & Mahindra's most popular tractor models are as follows: Mahindra Yuvraj 215 NXT, Mahindra 415 DI, Mahindra Jivo 245 DI, and Mahindra 575 DI are models available.
Sonalika Tractor is a manufacturer and seller of agricultural and industrial tractors. It is located in Hoshiarpur, Punjab, India, and is well-known for its diverse tractor models that meet a variety of agricultural and commercial requirements. They are yet another high-quality tractor manufacturer in India, offering models with modern features at competitive costs.
Sonalika tractors are reasonably priced, ranging from INR 3.2 lakh to INR 15.60 lakh. Some of the most popular tractors are the Sonalika DI 750, Sonalika DI 35, Sonalika DI 745 III, and Sonalika DI 60.
John Deere tractors are well-known agricultural vehicles produced by John Deere, a world leader in agricultural equipment. To meet a variety of farming needs, John Deere offers a variety of tractor models that vary in size, power, and capabilities. These tractors are intended for a variety of tasks such as ploughing, planting, harvesting, tilling, transporting, and more. Farmers all across the world rely on John Deere tractors for their contribution to contemporary agriculture. They are widely employed in a variety of farming operations, assisting farmers in increasing production and profitability while reducing environmental effects.
John Deere tractors are reasonably priced, ranging from INR 4.80 lakh to INR 29 lakh. Some well-known John Deere Tractor Models John Deere 5310, John Deere 5105, John Deere 5405, and John Deere 5050
Escorts Kubota Ltd was formed under the brand name Escorts Ltd and grew as an Indian agricultural machinery manufacturing, material handling, and railway equipment manufacturing company. This tractor brand was founded in 1944 in Faridabad, Haryana, India. This Escorts Kubota Ltd has introduced many tractor models for its Indian and worldwide customers. The tractor manufacturing company manufactures and markets its model under brand names like Steeltrac, Powertrac, and Farmtrac.
Escorts tractor’s price in India begins from Rs 2.60 Lakh to Rs 5.55 Lakh. Escorts have introduced over 3 tractor models from 18 horsepower to 35 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular Escorts tractors are Escorts Steeltrac, Escorts MPT JAWAN and Escorts JOSH 335.
Established in 1895 in New Holland, PA, by its founder, Abe Zimmerman, New Holland has become one of the well-known agricultural machinery companies. This tractor brand is also known for its full-service agricultural machinery manufacturing capabilities. However, it was founded as an American tractor company, but now it's an Italian tractor brand. The headquarters of this multinational tractor and farm equipment manufacturer is in Turin, Italy. New Holland is the subsidiary of CNN Global and CNN Industrial.
New Holland tractor's price in India begins from Rs 5.02 Lakh to Rs 26.90 Lakh. New Holland has introduced over 34 tractor models from the 30 horsepower to 90 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular New Holland tractors are New Holland 3630 Tx, New Holland 4710 and New Holland 3600 Tx.
Established in 1890 in Osaka, Japan, Kubota introduced its first-ever tractor model with a kerosene engine in 1922. It kept evolving with growing technology and R&D efforts. Kubota has become one of the leading agricultural machinery companies and has a presence in many countries, including India. This multinational tractor brand owns many subsidiary companies, including Kverneland Group, Kubota-Chemix, and more.
Kubota tractor's price in India begins from Rs 4.55 Lakh to Rs 9.87 Lakh. Kubota has introduced over 13 tractor models from the 21 horsepower to 55 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular Kubota tractors are Kubota MU4501, Kubota B2441 and Kubota B2741.
Swaraj Tractors was established in 1974 to be a self-reliant tractor brand and manufacture top-end tractors for Indian buyers. Swaraj has a wide portfolio of tractors, especially farm machinery, which makes it the top tractor brand in India. Swaraj was also acquired by Mahindra Tractors because of its enormous growth and growing customer base.
Swaraj tractor's price in India begins from Rs 2.45 Lakh to Rs 13.50 Lakh. Swaraj has introduced over 27 tractor models from the 11.1 horsepower to 75 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular Swaraj tractors are Swaraj Code, Swaraj 744 FE and Swaraj 855 FE.
Established on March 27, 1994, in Rajkot, Rajasthan, India, Captain Tractors was founded by G.T. Patel and M.T. Patel. Initially, the company was formed with the brand name of Asha Exim Pvt Ltd. After launching its first mini tractor in India, it decided to replace its brand name with Captain.
Captain Tractors got approval from the Government of India to manufacture agricultural equipment and avail of applicable subsidies. Later this Indian tractor brand came into partnership with TAFE group for manufacturing small tractor series. Captain tractors have about 60% market share in the mini tractor segment and are known for their advanced R&D efforts in tractor manufacturing.
Captain tractor's price in India begins from Rs 3.29 Lakh to Rs 4.98 Lakh. Captain has introduced over 9 tractor models from the 20 horsepower to 25 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular Captain tractors are Captain 283 4WD-8G, Captain 263 and Captain 250 DI.
Also Read:Top 5 Captain’s Mini Tractors: More Revenue at A Low Cost
Founded in 1949, Eicher GoodEarth started importing tractors from Germany to India and sold about 1500 tractors in the domestic market. In 1958, Eicher Tractor Corporation of India was established to start the production of tractors in the Faridabad factory. It built its first indigenized tractor in 1959 and achieved 100% indigenized tractor manufacturing capacity by 1975.
The company changed its brand name from Eicher GoodEarth to Eicher and incorporated it with the new brand name in 1982. In 1987, Eicher Motors went public and continued gaining its share in the tractor market. Along with manufacturing high-quality and reliable tractors, the company invested in other personal and commercial vehicle brands like Royal Enfield.
Eicher tractors price in India begins from Rs 3.20 Lakh to Rs 10.20 Lakh. Eicher has introduced over 33 tractor models from 18 horsepower to 60 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular Eicher tractors are Eicher 380, Eicher 485 and Eicher 551.
Founded in October 2000, Baddi, Solan, Himachal Pradesh, India, fetched tractor manufacturing technology from Ursus of Poland and started manufacturing tractors in its 34-acre plant. Within decades of the production and marketing, Indo Farm tractors became one of the leading tractor brands in India. They introduced many tractors under 30 HP to 90 HP tractor models. The company also indigenized its engine production and refined it to manufacture high-power tractors to meet Indian farmers' agricultural needs. Indo Farm has a wide portfolio consisting of Indo farm mini tractors, cranes, rotary tillers, and harvester combine tractors.
Indo Farm tractor's price in India begins from Rs 3.30 Lakh to Rs 16.99 Lakh. Indo Farm has introduced over 17 tractor models from the 26 horsepower to 90 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers. Some popular Indo Farm tractors are Indo Farm 3048 DI, Indo Farm 3055 DI and Indo Farm 3055 NV.
So, in this article, we discussed the top ten tractor manufacturing companies in India 2023, as well as a number of leading brands. We talked about Mahindra and Mahindra, Sonalika, John Deere, New Holland, and other major players. We also talked about some of their best-selling tractors, the year they were founded, and other important details.
We hope you now have a good understanding of the top tractor manufacturing companies in India in 2023. You can also make a wiser option when purchasing a tractor to increase your farming income. If you continue to be interested in learning more about tractors and farming-related issues. In that case, keep an eye on this site because our writers are regularly sharing useful information.
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