1. View Report Details
Indian Farm Equipments Market Report
--------------------------------
2012

2. View Report Details
Executive Summary
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, with acute
shortage of labor resources and continued subsidy scheme by government to encourage farmers to buy farm equipments has
further increased 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 mechanization 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 covers the overview, market size and segmentation of farm equipments market in India. Product prices of
various farm machineries, Government subsidies, standard certification system, and current details of major companies are
also discussed in detail. Data on import and export of farm machinery by country and by product category has also been
provided.

3. Factors Driving Farm Equipments Market
Agricultural Machinery Market in India
 The agriculture sector in India has undergone significant structural
changes….……….decrease in share of GDP from …………………in
1990-91 to …………………...………………………………………………
in 2011-12 (as per advance estimate released by CSO on 07.02.2012)
indicating a shift from the traditional agrarian economy towards a
service dominated one.
 With acute shortage of labor resources and continued subsidy scheme
by government ………………………….........................to encourage
farmers to buy ……………………………………………Farm Equipment
in order to improve productivity ……………………………………………
………..has further increased the Farm Equipments demand. The
overall Indian agricultural machinery market was valued at
US$............................................................. billion in 2010.
Use of Power in Agriculture in KW/Hectare  The Department of Agriculture and Cooperation, Ministry of
Agriculture, has been providing financial assistance…………………….
…………………………..on agricultural equipment and implements to
all categories of farmers under its various
…………………………………….Central Sector Schemes.
KW/Hectare
1971-72 1981-82 1991-92 2001-02 2005-06 2009-10

4. Farm equipments use in agriculture
Various Farm Machineries Market Size in India Farm Machinery Current Market Prices
Type of Pattern of Assistance
Assistance
Tractor upto 40 HP INR and ΧΧ% of the cost whichever
is less
Units in '000
Power Tiller INR or ΧΧ% of the cost whichever
is less for 8 BHP and above.
INR or 40% of the cost whichever is
less for less than 8 BHP
Self Propelled INR or ΧΧ% of the cost whichever is
Reaper, paddy less
FY08 FY09 FY10 FY11
transplanter
Tractors Power Tillers Combine Harvesters
Zero Till Seed Drill INR or ΧΧ% of the cost whichever is
Power Sprayers Brush Cutters /Multi Crop Planter/ less
Seed cum Fertilizer
Farm Machinery Current Market Prices Drill/ Power
Weeder
Name of Farm Equipment US$
Cono Weeder and INR or ΧΧ% of the cost whichever is
Power Tiller Mounted Terracer cum ΧΧΧ
other farm less
Leveller
implements
Manual Paddy Transplanter ΧΧΧ
Power operated INR or ΧΧ% of the cost whichever is
Paddy cum Daincha Seeder plant protection less
ΧΧΧ equipment
Battery operated portable wetland ΧΧΧ Rotavator INR or ΧΧ% of the cost whichever is
weeder less
Battery Operated Low Volume Sprayer ΧΧΧ
Broadcaster ΧΧΧ
Self-Propelled Vertical Conveyor Reaper ΧΧΧ

5. Market share of major players in Tractor and Tillers Market
Market Shares of Major Players in Indian Tractor Market Market Shares of Major Players in Power Tillers Market
VST Tillers KAMCO Chinese/Others
FY08 FY09 FY10 FY11 FY12
Mahindra Tafe + Eicher Escorts Sonalika FNH JD Others
• In FY12 Mahindra & Mahindra (M&M) was the clear leader in the Indian tractors market with ……………………………………
………………………………………. of market share. The market share of TAFE & Eicher increased from ……………………..to
………………… in the same period.
• Government subsidy is the single largest factor driving Power Tiller sales in India. The magnitude of subsidy is state specific. For
instance Chattisgarh is providing INR ……………………./tiller subsidy, while Jharkhand & Bihar provide INR ………………./tiller.
Assam Government in its FY10 Budget stated that …………… power tillers will be provided to each assembly constituency at
……………. discount. Central Government subsidy on Tillers is INR ……………………. .VST is the largest manufacturer of Power
Tillers in India with about …………………………….market share.

6. View Report Details
Table of Contents List of Charts
1. Introduction: Farm Equipment Market Agricultural Equipment Industry – Value Chain
Global Turnover of Agricultural Machinery (2005-2011)
1.1 Types of Farm Equipments
GDP of Agriculture and Allied Sectors and its Share in Total GDP: India
1.1.1 Farm Tractors (2007-08 to 2011-12)
1.1.2 Primary Tillage Machine Gross Capital Formation (GCF) in Agriculture and Allied Sectors at
2004-05 Prices: (2004-05 to 2010-11)
1.1.3 Secondary Tillage Machine India Agricultural Machinery Market: (2008-2010)
1.1.4. Sowing and Planting Machine Number of Advanced Agricultural Equipments in India: (1992-2010)
Use of Power in Agriculture in KW/Hectare: (19971-72 to 2009-10)
1.1.5 Harvesting Machines Comparison of Usage of Power in Asian Countries: (2010)
1.1.6. Crop Processing Machine Percentage Share of Different Farm Power Sources in Agriculture:
(1971-72 to 2009-10)
1.2 Agricultural Equipment Industry- Value Chain
Total Tractor Sales in India: (FY05-FY12E)
Segmentation of Tractors by Power: (FY10 vs FY12 9M)
2. Global Farm Equipments Market Region-Wise Sales of Tractors (9M FY12)
Trend in Domestic Tractor Sales across Geographies (9M FY11 vs 9M
2.1 Market Size FY12)
Trend in Addition of Tractor Manufacturing Capacity by Key OEMs
(FY09-FY13E)
3. Indian Agriculture Scenario Market Shares of Major Players in Indian Tractor Market: (FY08-FY12)
3.1 Performance of Agricultural Sector Power Tiller Sales in India: (FY05-FY12)
Market Shares of Major Players in Power Tillers Market: (FY11)
3.2 Flagship and Major Programmes of Department of Agriculture
Total Annual Sales of Combined Harvesters in India: (FY08-FY11)
Total Annual Sales of Power Sprayers in India: (FY08-FY11)
4. India- Farm Equipments Total Annual Sales of Brush Cutters in India: (FY08-FY11)
Market Size of Threshers in India: (1994-2010E)
4.1 Level of Farm Mechanization Market Size of Levelers in India: (1994-2010E)
4.2 Major Farm Equipments used Cropwise Market Size of Reapers in India: (1994-2010E)
Total Funds Released to States for Mechanization and Technology
4.3 Farm Equipment Market Size Updation: (FY08-FY12)
4.4 Farm Power Sources used in Agriculture Total Funds Released for Components of Demonstration, Training and
Distribution of Post Harvest Technology Equipment: (FY08-FY12)
4.5 Indian Tractors Market
4.5.1 Overview of Tractors Market
4.5.2 Market Size

7. View Report Details
4.5.3 Market Segmentation
4.5.4 Market Players
Tractors Import to India: By Value & Volume: 2006-07 to 2011-
4.6 Power Tillers Market 2012
4.6.1 Overview Agriculture/Horticulture/Forestry Machinery Import to India by
Value and Volume: (2006-07 to 2011-12)
4.6.2 Market Size Harvesting/Threshing Machinery Import to India by Value and
4.6.3 Economics of Power Tillers Volume: 2006-07 to 2011-12
4.6.4 Market Players Tractors Export from India: By Value & Volume: 2006-07 to 2011-
2012
4.7 Combined Harvesters Agriculture/Horticulture/Forestry Machinery Export by Value and
4.7.1 Overview Volume: 2006-07 to 2011-12
Harvesting/Threshing Machinery Export from India by Value and
4.7.2 Market Size
Volume: 2006-07 to 2011-12
4.8 Power Sprayers
4.8.1 Market Size List of Tables
4.9 Brush Cutters Global Sales of Agricultural Machinery: (2011)
4.9.1 Market Size Area under Cultivation: India (2008-09 to 2011-12)
Production of Major Crops in India: (2008-09 to 2011-12)
4.10 Threshers
Yield of Major Crops in India: (2008-09 to 2011-12)
4.10.1 Market size Level of Mechanization of Different Operation in Indian Agriculture
2010
4.11 Land Levelers
Major Farm Equipments used Cropwise
4.12 Reapers Capacity Enhancement Projects Announced by Market Players
4.12.1 Market Size Economics of Power Tiller
Hire charges of Land Development Machinery
Hire Charges of Minor Irrigation Machinery
5. Market Trends and Drivers Farm Machinery Current Prices in India
5.1 Custom Hiring of Farm Machinery Pattern of Assistance (Government Subsidies)
Financial Status of Funds Released to States and Implementing
5.2 Farm Machinery Current Market Prices
Agencies: (FY08-FY12)
5.3 Government Subsidies Funds Released for Components of Demonstration, Training and
5.4 Funds Released To States/Implementing Agencies Distribution of Post Harvest Technology Equipment (FY08-FY12)
Minimum Support Prices of Major Crops: (FY11 vs FY12)
5.5 Increased Wealth of Indian Farmers Due To Growth in Minimum
Support Prices

8. View Report Details
5.6 Declining Availability of Labor for Agricultural Activities List of Tables
Average Daily Wage Rate for Farm Labour (Jan 07 vs Apr 11)
Import of Major Tractor Categories to India- (Value & Volume Terms)
6. Trade of Agricultural Machinery
Top Countries from Which Tractors are Imported to India (In Value
6.1 Import of Agricultural Machinery Terms US$ Million)
6.1.1 Tractors (HS Code: 8701) Import of Agriculture/Horticulture/Forestry Machinery Categories to
India- (Value & Volume Terms)
6.1.2 Agriculture/Horticulture/Forestry Machinery (HS Code: 8432) Top Countries from which Agriculture/Horticulture/Forestry Machinery
6.1.3 Harvesting/Threshing Machinery (HS Code: 8433) HS Code 8432 are Imported to India (In Value Terms)
Import of Harvesting/Threshing Machinery Categories to India- (Value
6.1.4 Import Duty on Farm Machinery & Volume Terms)
6.2 Export of Agricultural Machinery Top Countries from which Harvesting/Threshing Machinery HS Code
8433 are Imported to India (In Value Terms)
6.2.1 Tractors (HS Code: 8701)
Basic Custom Duty for Agricultural Machinery in India (2011-12)
6.2.2 Agriculture/Horticulture/Forestry Machinery (HS Code: 8432) Export of Major Tractor Categories from India- (Value & Volume
6.2.3 Harvesting/Threshing Machinery (HS Code: 8433) Terms)- 2006-07 to 2011-12 Apr-Jun
Top Countries where Tractors are Exported (In Value Terms): 2006-
07 to 2011-12 Apr-Jun
7. Standard Certification System Export of Agriculture/Horticulture/Forestry Machinery Categories from
India- (Value & Volume Terms): 2006-07 to 2011-12 Apr-Jun
7.1 Institutions Involved in Testing and Evaluation Top Countries to which Agriculture/Horticulture/Forestry Machinery
7.2 Testing of Agricultural Machinery are Exported HS Code 8432 (In Value Terms): 2006-07 to 2011-12
Apr-Jun
7.2.1 Tractor Test
Export of Harvesting/Threshing Machinery Categories from India-
7.2.2 Power Tiller Test (Value & Volume Terms): 2006-07 to 2011-12 Apr-Jun
7.2.3 Combine Harvester Test Top Countries to which Harvesting/Threshing Machinery HS Code
8433 are Exported from India (In Value Terms: 2006-07 to 2011-12
8. Competitive Landscape Apr-Jun
8.1 Company Profiles of Farm Machinery Manufacturers Profiles of Major Farm Machinery Manufacturers in India
Production and Sales of Tractors by Major Manufacturers (2011 vs
8.2 Production and Sales of Tractors by Company 2012)
8.3 Production and Sales of Tractors by Horsepower Production and Sales of Tractors by Horsepower and by
manufacturers (FY11 vs FY12)
8.4 Details of Foreign Farm Machinery Companies
List of Foreign Farm Machinery Companies

9. View Report Details
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