Which are the Largest Companies in The Market? : Ken Research
Posted on 22 May 2017 by KenResearch Agriculture and Animal Care,
The tiller market in India is dominated by a few large players that have accounted for ~% of the market in terms of sales volume during FY’2016. Major companies operating in this space include VST Tiller Tractors Ltd., KAMCO, Greaves Cotton Ltd., Honda Siel Power Products Limited and ASPEE Group. VST is one of the largest players in the tiller market with a market share of approximately ~ during FY’2016, registering total sales of ~ tillers during the same year. In the market for power tillers, they have accounted for sales volume share of around ~% in FY’2016.
The market for agricultural sprayers in India is concentrated with the top three players accounting for approximately ~% of agricultural sprayer sales during FY’2016.
The major players operating in the rotavator market include Tirth Agro Technology Pvt. Ltd (Shaktiman), Beri Udyog Pvt. Ltd. (Fieldking), Bull Agro, Shri Sai Agro Equipments, Krishi Yantra Laghu Udyog (Farmking), VST Tiller Tractor Ltd. and SAECO Agrotech. The top 4 players have accounted for approximately ~ of overall rotavator sales during FY’2016.
Tirth Agro Technology Pvt. Ltd had accounted for approximately ~ of overall rotavator sales in the country during FY’2016, registering total sales of ~` rotavators during the same period.
Since farmers have preferred rugged machines for farm use, the company has modeled their machinery around this concept. The company’s ~ square feet manufacturing facility has an annual production capacity of ~ rotavators.
Fieldking has accounted for approximately ~ of overall rotavator sales during FY’2016. The competitive price and higher durability of their cultivators in comparison to other established OEM’s have helped the company achieve sales of ~ units during the same year. +
Bull Agro and Shri Sai Agro Equipments have each accounted for ~% to overall rotavator sales in the country during FY’2016 and have registered ~ unit sales during the same year.
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