Tractor sales in India likely to see 4-7% growth in FY26: ICRA

Tractor sales in Bharat are expected to grow moderately in 2025-26. ICRA forecasts a 4-7 percent increase due to a favorable monsoon. This will support agricultural production. Pre-buying before new emission norms in April 2026 may boost sales. Wholesale volumes grew by 7 percent in FY25. Positive farm sentiments and timely monsoon arrival are supporting demand.