Mahindra: tractors and farm mechanisation
Mahindra's Farm Equipment Business: Mahindra and Swaraj tractors, its Indian market and exports, and 526,403 tractor sales in FY2026.
Mahindra's Farm Equipment Business is an Indian tractor and farm equipment manufacturer with substantial sales volumes.
India ยท Farm Equipment Business of Mahindra & Mahindra
The Farm Equipment Business of Mahindra & Mahindra covers tractors and farm mechanisation solutions. A large domestic market in India anchors the business, complemented by export sales. Mahindra & Mahindra is a broader industrial group with automotive and other operations, so figures for the whole Mahindra group do not describe its agricultural activity, and the farm equipment business reports its own tractor sales separately.
The tractor range serves different farming conditions and equipment requirements, from cultivation and implement operation to transport and smaller farm tasks. Alongside Mahindra Tractors, the portfolio includes Swaraj, Gromax and the Trakstar and Hindustan brands, together with tractor-compatible equipment and after-sales support through dealer networks. Available configurations vary from country to country, so a model sold in one market may differ from a similarly named version elsewhere.
Size of the business
The Farm Equipment Business sold 526,403 tractors in FY2026 (April 2025 to March 2026): 505,930 in the domestic market and 20,473 for export. Export figures include CKD assembly kits.
Does the Farm Equipment Business include cars and the rest of the Mahindra group?
No. It covers tractors and farm mechanisation. Automotive operations and other group businesses are separate.
Is the sales figure a measure of global production?
No. It represents reported domestic and export tractor sales of the Farm Equipment Business in FY2026, rather than production by every group company worldwide.
The worldโs largest agricultural companies