Escorts Kubota To Invest ₹2,000 Crore In New Manufacturing Plant In Uttar Pradesh
New Delhi: Farm and construction equipment maker Escorts Kubota on Wednesday announced a Rs 2,000 crore investment to set up a new manufacturing plant in YEIDA industrial area, Uttar Pradesh. The plant to be developed across 154 acres at Sector 10, Gautam Buddha Nagar, in the industrial area of the Yamuna Expressway Industrial Development Authority (YEIDA), will be one of the largest…
Escorts Kubota, a farm and construction equipment manufacturer, is investing ₹2,000 crore to build a new manufacturing plant in Uttar Pradesh's YEIDA industrial area. The plant, to span 154 acres, will be one of the largest globally for its parent company Kubota Group. Developed in phases, the facility will initially produce 60,000 tractors and 15,000 construction equipment units annually, alongside supporting infrastructure and facilities.
The project is funded through previous share issuances and internal accruals, aligning with Kubota's 2030 growth strategy, which positions India as a significant market and manufacturing hub. The expansion reflects Kubota's commitment to affordable manufacturing in India and its global ambitions. With existing capacity to produce around 1,70,000 tractors and 10,000 construction equipment units annually, Escorts Kubota's CMD, Nikhil Nanda, emphasized this investment as a crucial step in their journey to create world-class machinery.
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