Categories: Business & Economy

Escorts Kubota to invest ₹2,000 crore to expand manufacturing in Haryana by 2031

Shares of Escorts Kubota ended 2.9 per cent higher at ₹3,629.65 on the BSE.

1 minute reading

Escorts Kubota Ltd on Wednesday announced plans to invest up to ₹2,000 crore by 2031 to expand its manufacturing and research facilities in Haryana, focusing on agriculture and construction equipment sectors.

The announcement was made during a meeting between Chairman and Managing Director Nikhil Nanda, Kubota Corp Executive Vice Chairman Shingo Hanada and Haryana Chief Minister Nayab Singh Saini, along with other state officials, during their visit to the Kubota plant in Osaka, Japan, the company said in an exchange filing.

The investment will be directed towards strengthening the existing production capacity and R&D infrastructure in Haryana, the company added.

Escorts Kubota, based in Faridabad, Haryana, manufactures tractors, construction machinery and railway equipment. The Japanese company Kubota Corporation owns a majority stake in the company.

Shares of Escorts Kubota ended 2.9 per cent higher at ₹3,629.65 on the BSE.


Source link

Michael Johnson

Recent Posts

NBA annual survey says Thunder will repeat, Nuggets’ Jokic as MVP

Tim BontempsOctober 9, 2025, 11:46 a.m. ETCloseTim Bontemps is a senior NBA writer for ESPN.com who covers the league and…

3 weeks ago

Donald Trump to present Ben Carson with the Presidential Medal of Freedom

Former Secretary of Housing and Urban Development Dr. Ben Carson, recently named National Nutrition Advisor at the U.S. Department of…

3 weeks ago

Federal health insurance premiums will see another significant increase in 2026

Federal employees and annuitants are heading into another year of sharp increases in their health insurance premiums, both under the…

3 weeks ago

Drake’s Lawsuit Against Kendrick Lamar’s ‘Not Like Us’ Dismissed by Judge

A federal judge on Thursday (Oct. 9) dismissed Drake's defamation lawsuit against Universal Music Group over Kendrick Lamar's "Not Like…

3 weeks ago

10/9: CBS Morning News – CBS News

10/9: CBS Morning News - CBS News Watch CBS News Israel and Hamas agree to first phase of Gaza peace…

3 weeks ago

Letitia James, who sued Trump, indicted for alleged bank fraud: NPR

New York Attorney General Letitia James speaks during a news conference January 8, 2025 in New York. Michael M. Santiago/Getty…

3 weeks ago