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LATEST

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Asia

Escorts Kubota announces Rs 2,000 cr investment on new plant in UP

Markets-Economic Times · 1h ago · 🇮🇳 India

Escorts Kubota announces Rs 2,000 cr investment on new plant in UP

Escorts Kubota has announced a substantial investment of Rs 2,000 crore for a cutting-edge manufacturing facility in Uttar Pradesh. This new plant is set to manufacture tractors, farm implements, and construction equipment for international markets. This initiative is aligned with Kubota Corporation's strategy for expansion and establishing manufacturing hubs, significantly enhancing production capacity. Funding will be sourced from share proceeds and internal resources.

Read the full story at Markets-Economic Times →

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