India’s Tractor Sales To Touch All-Time High Of 9.75 L units

New Delhi: Domestic sales volume of tractors is set to hit an all-time high of 9.75 lakh units in fiscal 2026, increasing 3-5 per cent (year-on-year), a Crisil report said on Monday.

This will be supported by an expected above-normal monsoon, higher minimum support prices (MSPs) for key cash crops and better replacement and construction demand. With the new TREM V emission norms1 expected from April 1, 2026, pre-buying towards fiscal end may also provide a fillip to volume. As a result, tractor sales this fiscal are expected to surpass the peak of 9.45 lakh units achieved in fiscal 2023, sustaining the back-to-back volume growth seen during fiscal 2019.

There was a healthy 7 per cent increase in tractor sales in fiscal 2025, said the report.