Last Updated:October 23, 2024, 17:48 IST On the rationale behind the sale, Escorts Kubota says it has decided to divest the RED in line with its strategic focus on agri and construction equipment sectors. Escorts Kubota says the transaction is being carried out for a lump sum cash consideration of Rs 1,600 crore subject to … Read more
Escorts Kubota is advancing its plans to establish a Greenfield manufacturing facility, to expand the company’s existing capacities to accommodate its future growth, the company informed the exchanges o Friday. The farm equipment company has submitted an Investment Intent to the Government of Uttar Pradesh (GUP), seeking approval for land acquisition. The latest announcement follows … Read more
Farm and construction equipment manufacturer Escorts Kubota Ltd plans to invest up to Rs 4,500 crore over the next three to four years to set up a new manufacturing plant, according to its whole-time director and CFO Bharat Madan. The company is currently in talks with the Rajasthan government for a site at Ghiloth, where … Read more
Engineering conglomerate Escorts Kubota on Monday announced a forthcoming increase in the prices of their tractor range starting May 1, 2024. The company’s agri-machinery division is set to implement these price adjustments, which will vary across different models, variants, and regions. However, the specific percentage of the price hike has not been disclosed. Currently, the … Read more
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