New Delhi, Sept. 12 -- India's tractor market, a key indicator of rural economic health, is set for nearly 10% growth in FY26. A favourable southwest monsoon, lower inflation, and a recent goods and services tax (GST) cut are expected to boost sales, according to the Tractor and Mechanization Association (TMA).

Tractor sales have already recorded an 11.6% jump in the first five months of the current fiscal year. A total of 414,658 units were sold between April and August 2025, compared to 371,537 units during the same period last year.

According to TMA, the total domestic tractor sales stood at 939,725 units in FY25 compared to 867,085 units in FY24. The 7.3% growth was driven by factors such as a good monsoon and improved cash flow in ...