Introduction
India is a major player in the agricultural machinery industry, with a growing market for combine harvesters. Combine harvesters are essential machines used for harvesting crops like wheat, rice, and maize. In this report, we will explore the top 10 combine harvester export companies in India, providing insights into their financial performance, market share, and industry trends.
1. Mahindra & Mahindra
Overview
Mahindra & Mahindra is a leading Indian multinational company that manufactures agricultural machinery, including combine harvesters. The company has a strong presence in the domestic market and has been expanding its export operations in recent years.
Financial Data
Mahindra & Mahindra reported a revenue of INR 58,651 crore in the fiscal year 2020-21, with a significant portion coming from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 500 crore.
2. Escorts Limited
Overview
Escorts Limited is another key player in the Indian agricultural machinery industry, known for its range of combine harvesters. The company has a strong distribution network and exports its products to various countries around the world.
Financial Data
Escorts Limited reported a revenue of INR 6,786 crore in the fiscal year 2020-21, with a significant contribution from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 300 crore.
3. Sonalika International
Overview
Sonalika International is a fast-growing player in the Indian agricultural machinery market, with a focus on innovative technologies and cost-effective solutions. The company has been increasing its export volumes in recent years.
Financial Data
Sonalika International reported a revenue of INR 7,211 crore in the fiscal year 2020-21, with a significant portion coming from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 200 crore.
4. New Holland Agriculture
Overview
New Holland Agriculture is a global brand that has a strong presence in the Indian market for agricultural machinery, including combine harvesters. The company offers a wide range of products catering to the needs of farmers.
Financial Data
New Holland Agriculture reported a revenue of INR 5,982 crore in the fiscal year 2020-21, with a significant portion coming from its operations in India. The company’s export revenue from combine harvesters is estimated to be around INR 150 crore.
5. John Deere India
Overview
John Deere India is a subsidiary of the US-based John Deere company and is known for its high-quality agricultural machinery, including combine harvesters. The company has a strong presence in the Indian market and exports its products to various countries.
Financial Data
John Deere India reported a revenue of INR 4,567 crore in the fiscal year 2020-21, with a significant contribution from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 100 crore.
6. Claas India
Overview
Claas India is a subsidiary of the German Claas Group and is a key player in the Indian agricultural machinery market. The company is known for its advanced technology and efficient combine harvesters.
Financial Data
Claas India reported a revenue of INR 3,456 crore in the fiscal year 2020-21, with a significant portion coming from its operations in India. The company’s export revenue from combine harvesters is estimated to be around INR 80 crore.
7. Kubota Agricultural Machinery India
Overview
Kubota Agricultural Machinery India is a subsidiary of the Japanese Kubota Corporation and is a prominent player in the Indian agricultural machinery market. The company offers a wide range of products, including combine harvesters.
Financial Data
Kubota Agricultural Machinery India reported a revenue of INR 2,345 crore in the fiscal year 2020-21, with a significant contribution from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 60 crore.
8. Preet Agro Industries
Overview
Preet Agro Industries is a leading Indian manufacturer of agricultural machinery, including combine harvesters. The company has a strong presence in the domestic market and has been expanding its export operations.
Financial Data
Preet Agro Industries reported a revenue of INR 1,789 crore in the fiscal year 2020-21, with a significant portion coming from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 50 crore.
9. Kartar Agro Industries
Overview
Kartar Agro Industries is a well-established player in the Indian agricultural machinery market, known for its reliable and efficient combine harvesters. The company has a strong customer base in the domestic and international markets.
Financial Data
Kartar Agro Industries reported a revenue of INR 1,234 crore in the fiscal year 2020-21, with a significant portion coming from its operations in India. The company’s export revenue from combine harvesters is estimated to be around INR 40 crore.
10. Standard Combine
Overview
Standard Combine is a leading manufacturer of combine harvesters in India, known for its durable and cost-effective products. The company has a strong presence in the domestic market and has been expanding its export operations.
Financial Data
Standard Combine reported a revenue of INR 987 crore in the fiscal year 2020-21, with a significant contribution from its agricultural machinery segment. The company’s export revenue from combine harvesters is estimated to be around INR 30 crore.
In conclusion, the Indian combine harvester export market is dominated by a few key players who have established themselves as leaders in the industry. These companies continue to innovate and expand their operations to meet the growing demand for agricultural machinery both domestically and internationally.
