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India-US trade deal could enable Escorts Kubota to export tractors to the U.S., with tariffs comparable to India’s 18%.
The India-US interim trade deal may open doors for Escorts Kubota to export tractors to the U.S., according to CFO Bharat Madan, as U.S. tariffs on Japanese imports (around 15%) are close to India’s 18% rate.
While the company currently doesn’t export to the U.S., its Japanese parent, Kubota Corporation, plans to make India a global hub for R&D, procurement, and production by 2030 to improve competitiveness.
Domestic tractor sales rose 13.5% in the December 2025 quarter to 36,955 units, driven by lower GST rates, with industry growth projected at 30-35% in the March 2026 quarter.
The India-EU FTA has little impact, as tractor exports to Europe already face zero tariffs.
El acuerdo comercial entre India y EE.UU. podría permitir a Escorts Kubota exportar tractores a EE.UU., con aranceles comparables al 18% de la India.