Kubota Eyes India as 'Growth Engine' for 2030 Mid-Term Plan

• Japanese multinational Kubota Corporation plans to make India its 'growth engine' under its 2030 mid-term business plan.
• India will be a key pillar in Kubota's 'growth driver' category, alongside North American construction machinery and lifecycle support.
• The company aims to leverage India as a global hub for R&D, procurement, and production to enhance cost competitiveness and strengthen its supply chain.
• Kubota will strengthen cost competitiveness and introduce new products under the Kubota brand, utilizing Escorts Kubota's resources.
• Future plans include expanding product lineups for Farmtrac, Powertrac, and Kubota brands, reorganizing sales channels, and a new manufacturing plant in Uttar Pradesh.