M&M outpaces industry with 10.5% Q1 growth, gains market share across segments, says Siddhartha Khemka
India’s tractor industry posted a healthy 9.2% YoY growth in Q1FY26, delivering 2.86 lakh units, driven by robust demand in the high-horsepower (HP) categories and pre-season stocking ahead of the Kharif sowing period. Favourable Rabi harvest earnings and steady demand from key agricultural states underpinned the strong start to the fiscal year. The 41–50HP segment…