Agriculture: A Key Strength of India’s Economy
With 200 million hectares of arable land and leading global production in several major commodities, India alone accounts for 7.5% of global agricultural output. A strategic sector that contributes significantly to the country’s economic boom.
In the 2025–2026 fiscal year, India is set to become the world’s fourth-largest economy. With a Gross National Product estimated at $4.187 trillion by the International Monetary Fund, the Indian subcontinent will surpass Japan, positioning itself just behind the United States, China, and Germany, with the prospect of overtaking Germany by 2028 to claim third place.
At the heart of India’s economy remains agriculture, a sector that employs 40% of the country’s nearly 1.5 billion inhabitants. Boasting 200 million hectares of agricultural land - 140 million of which are cultivated - the Asian giant accounts for 7.5% of global agricultural output.
It is currently the world’s leading producer of pulses, milk, and spices, and the second-largest producer of wheat, cotton, sugarcane, fruits, vegetables, farmed fish, and tea. India’s agricultural leadership - as highlighted by data released this morning in New Delhi during the opening day of EIMA Agrimach India, the trade fair dedicated to agricultural machinery and technology organized by FICCI and FederUnacoma - can only be maintained and enhanced through the adoption of innovative technologies.
In recent years, India has become the country with the highest annual tractor sales. As of August this year, registrations had reached 615,000 units, and forecasts suggest the total will exceed 900,000 by year’s end, mostly low- and mid-power models. This figure is four times higher than the number of tractors registered in the United States.
Beyond tractors, Indian agriculture today requires a wide range of operating machinery and equipment for every type of fieldwork, an area of excellence for Italian manufacturers, who have long been committed to developing partnerships within the Asian country.
The latest FederUnacoma press releases
New FederUnacoma Leadership
The FederUnacoma annual meeting, held yesterday afternoon in Varignana (BO), included on its agenda the election of some of the Federation’s representative bodies.
EIMA expands and prepares for a record-breaking edition
in Bologna from Tuesday, November 10, through Saturday, November 14, were presented during the FederUnacoma general assembly. Applications to participate have reached record levels, and the quality of the exhibits is very high. The Maserati Area is being utilized for the first time, expanding the boundaries of the exhibition grounds. More than 60,000 models of machinery and technologies are estimated to be on display. General Manager Simona Rapastella stated: “EIMA brings together much of the technical, economic, and relationship-building work carried out by the Federation, all aimed at fostering cooperation among countries.”
Agricultural Machinery: Italian Sales on the Rise in 2025
The resilience of the domestic market offsets the decline in exports, driving the production of the Italian agromachinery industry, which closes out 2025 with a total value of 14.3 billion euros (+2.1%). Looking at the various production sectors, growth is seen in components, spare parts, and tractor parts, as well as in gardening machinery and equipment; conversely, sales of tractors and other agricultural machinery are down. The decline in exports, due primarily to U.S. tariff policies, does not compromise the trade surplus.
Tractors: Market grows in India, while in the U.S. it continues to decline
Global tractor sales rose in the first four months of the year, reaching 512,000 units. The sector’s performance was driven by India, which continues to set record pace. Traditional markets showed mixed results: the U.S., Canada, and Brazil slowed, Europe held steady, and Turkey saw a sharp decline. A key factor is the stability of the agreement between the United States and Iran.
Italian Agricultural Machinery Manufacturers Federation
Digital System and technologies for Agricultural Machinery and Farming
Irrigation Systems
Italian Implements Manufacturers Association
Italian Self-Propelled Machinery Manufacturers Association
Italian Tractors Manufacturers Association
Italian Components Manufacturers Association
Italian Garden Machinery Manufacturers Association