Swaraj Prepares for 70+ HP Tractor Launch with ₹100 Cr Expansion
Published - 15 Jun 2026 by Sakshi Yadav
Swaraj Tractors, a subsidiary of the Mahindra Group, is planning to enter the heavy-duty tractor segment with models above 70 HP. The move is aimed at meeting the growing demand for high-power farm equipment as mechanisation continues to expand across Indian agriculture.
The company currently offers tractors across various segments up to 70 HP. Alongside its product expansion plans, Swaraj will invest more than ₹100 crore to increase paint shop capacity at its manufacturing facility in Punjab.
Demand Shifts Towards High-Power and Compact Tractors
Swaraj Tractors CEO Gaganjot Singh said the Indian tractor market is undergoing a shift, with both higher-horsepower and compact tractors gaining market share. At the same time, the 30–40 HP tractor category is gradually losing its share in the market.
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According to Singh, the growth of horticulture farming and mechanised harvesting is driving demand for both compact and powerful tractors. He said the company plans to strengthen its presence in the higher HP category and will enter the above-70 HP segment in the coming years.
“We will evolve ourselves to higher HP ranges. In the mid-to-long term, we will see our presence in the higher HP segment becoming stronger than what it is today,” Singh said.
Punjab Expansion to Support Future Growth
To support its future plans, Swaraj Tractors will invest over ₹100 crore to expand paint shop capacity at its Punjab manufacturing plant. The company also plans to strengthen its premium Protek tractor range and introduce new products in the coming years.
The Indian tractor industry recorded retail sales of more than 10.5 lakh units in FY26, registering an 18.9% increase from 8.88 lakh units in FY25. Mahindra Group, including Swaraj Tractors, accounted for a combined market share of 43.6% during the fiscal year.
With rising demand for farm mechanisation, compact tractors, and high-horsepower models, Swaraj is looking to expand its product portfolio and strengthen its position in the evolving tractor market.
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