Retail Harvester Sales Register 81.40% growth in January 2025, Sold 1,404 Harvesters

17 Feb, 2025

The fiscal year 2024–25 remains favourable for harvesters as major companies continue to consolidate their market positions. Here are the sales figures from January 2025, YTD, and state-wise sales.

January 2025 vs. January 2024: Strong Growth for Leading Brands

The harvester market in India experienced a significant surge from January 2024 to January 2025. Kartar holds the first position, increasing its market share to 14.10% in January 2025 by selling 198 units, greater than the 78 units (10.08% market share) sold in January 2024. Despite a decrease in its aggregate market share to 13.53%, Vishal performed well by selling 190 units and securing the 2nd place. 

John Deere saw a solid jump in demand for its harvesters, going from 67 units to 126 units. Punni Vishavkarma also saw a substantial boost, going from 40 units to 116, which is an increase of 3.09% in market share. Preet Harvesters got the fifth spot, selling 84 more harvesters than they sold during the same time last year.

Year-to-Date (April 2024 - January 2025 vs. April 2023 - January 2024)

The harvester market generally demonstrated a good increase over the fiscal year. Kartar had the largest sales in the YTD period by selling 1,135 units in the previous period to 1,530 units in the current FY, therefore strengthening its market share to 16.52%.

John Deere also made significant increases, going from 364 to 565 units, therefore boosting its market share by 1.69%. Vishal's market share dropped by 1.24% even if its sales at 1260 units remained strong. Malkit also saw a minor reduction in the count, from 620 to 563 units. 

Preet showed a solid increase by selling 535 harvesters during this time, up from 454 between April 2023 and January 2024.

State-Wise Market Analysis: Regional Market Leaders

Punjab topped the state charts in retail harvester sales from April 2024 to January 2025. Kartar topped the chart with a 19.98% market share, while Vishal came in next at 11.8% and Gurdial had 6.15%.

Uttar Pradesh came in second place with a high demand for harvesters, and Malkit, Vishal, and Kartar are leading the pack as the top three competitors.

Madhya Pradesh remained in third place, Kartar (24.18%) and Vishal (17.38%) being the top two performers. The market showed steady growth with increased mechanisation in agriculture. 

With the rising adoption of advanced harvesters, Chhattisgarh came at the 4th position with a strong YTD sales figure of 968 harvesters.

Competitive sales numbers highlighted the growing demand for high-performance harvesters in Haryana, making it the 5th state with sales of 898 harvesters. 

Conclusion

Important players showing expansion in the expanding harvester market are Kartar, Vishal, John Deere, Punni Vishavkarma, and more. Driven by the increasing need for mechanised farming solutions, the overall trend is good; only a few enterprises indicate a slight decline in market share. With advances in harvester technology and increasing agricultural activity, the industry is probably going to experience an additional increase in the next months.