Haryana - Kubota Corporation., an agricultural machinery manufacturer, has announced an investment of ₹2,000 crore (USD $240 million) in Haryana, in partnership with Escorts Kubota Limited., to expand manufacturing of tractors and agricultural equipment. The announcement followed discussions between Haryana Chief Minister Nayab Singh Saini and Kubota officials at their tractor plant in Osaka, Japan.
Haryana, despite covering just 1.34% of India’s land and housing 2.09% of its population, produces 52% of the country’s tractors and ranks second in contributions to the Central Foodgrain Pool. The state also ranks second in industrial logistics and hosts offices of 400 Fortune 500 companies in Gurugram.
The Haryana government has established a business-friendly ecosystem with incentive schemes to attract domestic and international investors. Saini, accompanied by Minister of Industries and Commerce Rao Narbir Singh, met Kubota officials to explore potential investments and technical collaboration opportunities in the agricultural equipment sector.
During his visit, Saini also traveled on the Shinkansen Bullet Train from Tokyo to Osaka, describing it as inspiring and noting India’s upcoming high-speed train projects, including the Mumbai-Ahmedabad corridor under the “Viksit Bharat” initiative. He emphasized Haryana’s aim to leverage Japanese technical expertise to improve the state’s transportation systems.
This strategic investment positions Haryana as a growing hub for industrial and agricultural innovation, strengthening its role in India’s agricultural machinery sector.
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