Escorts Kubota sees promising export opportunities for tractors following the India-US interim trade deal. The company's CFO Bharat Madan highlighted potential market expansion into the United States, leveraging reduced tariffs and Kubota's strategic growth plan for India. Currently exporting from Japan with 15% tariffs, the company believes manufacturing tractors in India could create a competitive export pathway. Kubota Corporation views India as a critical global hub for research, development, and production, aiming to enhance cost competitiveness and strengthen supply chains. The domestic tractor market is also showing strong momentum, with industry growth expected at 30-35% in the March quarter, driven by recent GST rate reductions. This development positions Escorts Kubota to potentially increase its global market presence and capitalize on emerging trade opportunities.
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