Tractor sales boom in India

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John Deere tractor in India

The EIMA Agrimach exhibition is the main exhibition event of the Indian subcontinent in the field of agricultural mechanization.

Organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) and FederUnacoma, the event is a promotional and trade platform to support the market, which has in recent years emerged as the largest in the world in terms of sales volumes.

In 2009, when the first edition of the exhibition was held, the local market already produced 340,000 tractors, making it one of the largest in the world. In the following years, the sales volume grew even more.

According to data provided by the association of agricultural machinery manufacturers Agrievolution and cited by FederUnakoma, sales on the subcontinent have doubled over a 10-year period, reaching 800,000 in 2018 and 2019 respectively. and 724,000 pieces, and in 2021 they will exceed one million. The level of sales far exceeded that reported in all major markets worldwide: in the same year, 470,000 sales were made in China, 318,000 in the United States, and 180,000 in the European Union.

Analysts of the sector of agricultural machinery warn that the degree of mechanization of the country should be assessed by the quantities sold, but also by the quality of the technologies acquired. Indian agriculture is seeking to increase production of fruits and vegetables and specialty crops, and to mechanize all major production chains, not least that of bioenergy.

By exploiting forestry waste, agro-industrial processing by-products and livestock manure, bioenergy can generate significant amounts of energy needed for production activities and for the daily needs of rural areas and communities. All these needs require more specialized and efficient tractors, equipment and machinery, which ensures further development of the Indian market, the industry said.