MarketReportsOnline.com - Indian Agricultural Equipment Market Segment Analysis

MarketReportsOnline.com - Indian Agricultural Equipment
Market Segment Analysis
Published: August 2012 No. of Pages: 72
Price: Single User: US $ 850 Corporate User: US $ 1700

In India, farm mechanization has played a critical role in improving agricultural production as well as
productivity by enabling proper and efficient use of inputs. Demand for farm equipments such as power
tillers, tractors, combine harvesters, rice transplanters etc has been rising over the past few years, with
the increase in income level of farmers. Additionally, acute shortage of labor resources and continued
subsidy scheme by government to encourage farmers to buy farm equipments has further increased the
farm equipments demand.

As compared to other Asian countries such as China, Thailand, Korea; use of power in agriculture in India
is still underpenetrated. Presently, India is the largest manufacturer of tractors in the world, accounting for
about one-third of the global production. Power tillers are becoming popular in lowland flooded rice fields
and hilly terrains. Northern States such as Punjab, Haryana, and Uttar Pradesh achieved a faster growth
in mechanization due to growing awareness among farmers. Pace of mechanization in North-Eastern
States is slow due to constraints such as hilly topography, socio-economic conditions and high cost of
transport. With continued shrinkage in average farm size, custom hiring of farm machinery is being
increasingly practiced.

Mahindra & Mahindra is the market leader in Indian tractor market whereas VST Tillers Tractor Ltd is the
leader in power tiller market. Other major farm equipments manufacturers include Escorts Group, TAFE,
John Deere, Greaves Cotton and KAMCO. The rapid use of mechanisation by Indian farmers has
prompted many Chinese and Japanese farm equipment makers to enter the Indian market. These
companies generally form joint ventures with Indian firms and manufacture equipments at a lesser price.

The current report titled "Indian Farm Equipment Market: Segment Analysis" analyzes the major farm
equipments of the Indian market including power tillers, tractors, combine harvesters, rice transplanters,
threshers, power sprayers and land levelers. The report presents the overview, market size and
segmentation of farm equipments market in India. It also assesses in details the product prices of various
farm machineries, government subsidies and standard certification systems. Also, the major
manufacturers of farm equipments are profiled in the report. Data on import and export of farm machinery
by country and by product category has also been analyzed.
Indian Agricultural Equipment Market

Table of Contents
1. Introduction: Farm Equipment Market

2. Global Farm Equipments Market

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3. Indian Agriculture Scenario

4. India- Farm Equipments

5. Market Trends and Drivers

6. Trade of Agricultural Machinery

7. Standard Certification System

8. Competitive Landscape

List of Tables

List of Graphs and Charts

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