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 . 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 . Fieldking has accounted for approximately ~ of overall rotavator sales during FY ’ 2016 .
The revenues generated from the sale of agricultural implements in the country is estimated to incline to INR ~ crore during FY ’ 2021 from INR ~ crore during FY ’ 2016 , achieving a CAGR of ~% during the period FY ’ 2016-FY ’ 2021 . In order to boost the stagnant agricultural production , the government is expected to
May 2017 India Agricultural Implements Market Outlook to 2021
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 . 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 . Fieldking has accounted for approximately ~ of overall rotavator sales during FY ’ 2016 .
Future Outlook for India Agricultural Implements Market
The revenues generated from the sale of agricultural implements in the country is estimated to incline to INR ~ crore during FY ’ 2021 from INR ~ crore during FY ’ 2016 , achieving a CAGR of ~% during the period FY ’ 2016-FY ’ 2021 . In order to boost the stagnant agricultural production , the government is expected to
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