Tractor Sales H2 FY 2024-25: Mahindra Tractors Leads, 4,84,146 Units, Up 6.1% YoY

India's tractor market registered 4,84,146 tractors in H2 FY 2024-25. Volumes rose 6.1% against the 4,56,138 logged over the same 6 months of H2 FY 2023-24.

December was the strongest month of the period at 1,00,661 tractors and October the quietest at 65,575, an average of 80,691 a month. 4 of those 6 months grew on the same month a year earlier.

December is the year-end discount month, though many buyers hold registration to January to keep a newer model year on the RC.

H2 FY 2024-25 ran from October 2024 to March 2025 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of H2 FY 2023-24.

Tractors accounted for 3.3% of everything registered in India over the period, down from 3.3% in H2 FY 2023-24. The whole market ran to 1,48,06,134 vehicles over the same window, up 6.2% year on year.

Mahindra Tractors led the period with 1,13,747 registrations, up 10.4% on H2 FY 2023-24. Swaraj (M&M) follows on 88,586, 25,161 behind — a gap of 1.28x.

The fastest riser in the top 8 was John Deere, up 12.9% to 40,488, while Eicher Tractors was down 1.4% at 31,528.

Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's tractor volume over H2 FY 2024-25. Companies that file electric models under a maker of their own appear as separate rows.

Set against the rest of the market, tractors lagged the national picture over H2 FY 2024-25: +6.1% against +6.2% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 6 மாதக் காலத்தில் உள்ளடக்குகிறது; அதனால் ஒப்பீடு நேருக்கு நேர் — இரு பக்கமும் ஒரே மாதங்கள், ஒரே மூலம்.

Vahan splits a segment by fuel only across a whole calendar year, so this table covers full-year 2025 rather than H2 FY 2024-25 alone — it is exact for that window.

Diesel accounts for 99.97% of tractor registrations over full-year 2025, with battery-electric at 0.0%.

Across the 2 completed windows in our Vahan record, tractor registrations went from 4,84,146 in H2 FY 2024-25 to 6,10,431 in H2 FY 2025-26, up 26.1% over the stretch.

H2 FY 2026-27 is still running — 1 of its 6 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.