Escorts Kubota to Invest ₹20 Billion in Haryana Facilities by 2031

Tractor and farm equipment maker Escorts Kubota Ltd. on Wednesday said it plans to invest up to ₹20 billion in its existing facilities in Haryana by 2031. The announcement followed a meeting between a delegation from Escorts Kubota and its partner Kubota Corp. in Osaka, Japan, the company said in an exchange filing.

The Escorts Kubota delegation, led by Chairman and Managing Director Nikhil Nanda and accompanied by Haryana Chief Minister Nayab Singh Saini, visited the Kubota plant in Japan.

The proposed investment will primarily support the expansion of manufacturing and research and development facilities, with a focus on agriculture and construction equipment sectors, the company said.