US Trade Deal Opens Door for Indian Tractor Exports: Escorts Kubota CFO

M
Moneycontrol•15-02-2026, 10:51
US Trade Deal Opens Door for Indian Tractor Exports: Escorts Kubota CFO
- •Escorts Kubota CFO Bharat Madan sees the India-US interim trade deal as a prime opportunity to explore exporting tractors from India to America.
- •Kubota Corporation, Escorts Kubota's Japanese parent, plans to make India its 2030 growth engine, leveraging it as a global hub for R&D, procurement, and production.
- •The current 18% US tariff on Indian tractors is close to Japan's 15%, creating a viable export opportunity for India-made tractors.
- •The domestic tractor market is projected to grow significantly, with a 30-35% increase expected in the March quarter, driven by GST rate reduction.
- •Escorts Kubota reported a 13.5% increase in tractor volumes, reaching 36,955 units in the December 2025 quarter.
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