The company has shared the Escorts Kubota Mid Term Business Plan Presentation.
Some highlights:
- Aspiration-2028 to setup 1 more factory to increase tractor/engine capacity to 3L/annum.
- Global hub for affordable manufacturing
- “Currently Kubota group is sourcing certain parts from India and growing.
Even 5% shift of total buying of components sourcing globally to India would mean about USD 500 million worth of potential exports. Our aspiration for FY28 captures a part of this potential.” - Target items – In-house fabricated assembly items (Transmission, gear assemblies, etc.), Castings, gears and functional parts.
- Evolve from Track-type leader to the most Dominant Harvester Manufacturer in India.
- Channel Expansion & Synergy with Kubota, EKL targets 4 key high TIV markets with KBT presence – USA, EU, Thailand and Brazil
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