Escorts Kubota invests ₹4,500 crore in a new Rajasthan plant to double tractor production capacity to 3.4 lakh units annually.
Escorts Kubota plans to invest ₹4,500 crore over 3-4 years for a new manufacturing plant in Rajasthan's Ghiloth. The greenfield plant aims to double domestic tractor production capacity to 3.4 lakh units annually and establish new engine & construction equipment lines. With a current capacity of 1.7 lakh units, the company targets mid-single-digit growth in overall tractor sales for FY25.
May 12, 2024
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