Basildon, UK - CNH Industrial., an agricultural machinery manufacturer, plans to invest around $212 million (₹2,000 crore) in India by 2030 to expand tractor manufacturing and product development. The investment is expected to help the company double its tractor production capacity from 70,000 units to around 1.4 lakh units annually.
Of the total investment, around $106 million (₹1,000 crore) will be used to set up a new tractor plant near Greater Noida, Uttar Pradesh, while another $106 million (₹1,000 crore) will be invested in R&D and new product development over the next five years.
The company has received around 100 acres of land from the Yamuna Expressway Authority for the new plant. The first phase is expected to begin operations by mid-2028, adding around 20,000 tractors annually. The full expansion is planned for completion by 2030.
CNH Industrial's tractor sales in India grew by 42% in the first half of 2026, while its market share increased to around 5%, compared with 4.3% in 2025.
The company aims to achieve a double-digit tractor market share within the next four to five years and become one of the top four tractor manufacturers in India.
To support this growth, CNH Industrial also plans to expand its dealer network from around 600 dealers to 900 by 2028, with a stronger focus on eastern India.
The company's higher production capacity, R&D investment and dealer expansion are expected to strengthen its position in India's tractor market over the coming years.
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