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Escorts Kubota to infuse Rs 4,000 cr

Tuesday, 22 Nov 2022

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Escorts Kubota has unveiled its Mid Term Business Plan 2023-2028 in which the key elements are investments of about Rs 4,000 crore and increasing exports of its products.

The company at present has five manufacturing facilities and plans to add one more. This will be a greenfield factory, which will increase capacity for tractors and engines from about 1.7 lakh units to about three lakh units.

The company also intends to ramp up the dealer footprint by 50 percent from the current network of about 1,400 and Kubota has 300 dealers.