Italy–India Cooperation has a great Potential in the Agricultural Machinery Sector
The sector, which was worth 13.7 billion dollars in 2023, is expected to exceed 30 billion within the next decade. Italian industry is well positioned to take advantage of this positive trend, offering not only tractors but also a wide range of operating machines and equipment for all types of agricultural operations.
The development of India’s agricultural economy and the growing demand for technology offer strong prospects for cooperation with Italian manufacturers.
EIMA Agrimach India - the exhibition dedicated to agricultural mechanization currently taking place in New Delhi was launched in 2009 as a joint initiative between the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Italian Agricultural Machinery Manufacturers Federation (FederUnacoma).
Its purpose is to present new agricultural technologies to Indian operators and to analyze the evolution of demand across the Subcontinent.
According to data from the Italian Trade Agency (ICE), this cooperation has already led to the establishment of Italian production facilities in several Indian regions, as well as the expansion of commercial activities. However, the potential for growth in Italy–India cooperation remains immense.
ICE reports that the sector, which had a total value of 13.7 billion dollars at the end of 2023, is expected to grow significantly over the coming years, reaching 31.6 billion dollars by 2033, with an average annual growth rate of around 9%. This market growth is largely driven by the diversification of machinery types being demanded - not only tractors (which currently account for 86% of the total market), but also a wide range of operating machines and equipment.
According to forecasts by FederUnacoma/ExportPlanning - as highlighted by FederUnacoma’s General Director Simona Rapastella - both imports and exports are expected to grow considerably.
Imports from India to Italy are projected to increase by an average of 8% per year, while Italian exports to India are expected to rise from the current 26.4 million euros (representing a 3.6% share of the Indian market) to over 38 million euros by 2028, reaching a local market share of more than 4%.
The latest FederUnacoma press releases
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EIMA 2026: “Designing” the Future of Agriculture
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Agricultural machinery: Italian market recovering, but exports slow down
The Italian market has turned positive driven mainly by public incentives, that are also expected to have a positive impact during the current year. However, purchases of second hand machinery remain too large, slowing down the renewal of the fleet. The domestic market accounts for 30% of the total sector’s turnover, while the largest share comes from exports. Tariffs, geopolitical tensions and economic uncertainty are reducing Italian exports, which have fallen by an overall 4.8% and show a 34% deficit on the US market.
EIMA International 2026: Exhibitor Demand Soars
The 47th edition of the agricultural machinery exhibition, held at the Bologna Exhibition Centre from 10 to 14 November, gets off to a flying start. Requests for exhibition space already exceed the venue’s capacity. Technical and economic-political content – says Simona Rapastella – to “design” the new agriculture. Among the new features of this edition are the earlier opening on Tuesday and the closing on Saturday evening.
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