India’s Union Budget 2026: CNH Seeks Strong Policy Push for Farm Mechanization

28 January 2026, New Delhi: As expectations build around the Union Budget 2026–27, global agricultural machinery major CNH has urged the Indian government to place farm mechanization at the centre of its rural growth strategy, particularly to support small and marginal farmers across India.

Highlighting agriculture’s continued importance to India’s economy, Mr. Narinder Mittal, President and Managing Director, CNH India, said the upcoming Budget presents a crucial opportunity to deepen mechanization and improve on-farm efficiency through targeted policy interventions. With productivity pressures rising and technology adoption gaining momentum, he emphasized that supportive measures could significantly accelerate the sector’s transformation.

CNH has called for targeted subsidies on crop solution equipment and farm implements, along with affordable and simplified financing options for agricultural machinery, to ensure wider access for small and marginal farmers. According to the company, easier access to modern machinery can help reduce dependence on manual labour, improve operational efficiency, and enhance overall farm productivity.

Mr. Mittal further noted that a strong policy framework aligned with industry-led, on-ground initiatives would play a key role in driving mechanization across diverse agro-climatic regions. He stressed that linking mechanization with sustainability and rural development goals would not only strengthen farm incomes but also help build a more resilient and future-ready agricultural ecosystem.

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