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The Economic Times
The Economic Times

CNH Industrial to invest Rs 2,000cr in India by 2030, double tractor mfg capacity

CNH Industrial CNH India Greater Noida

Kolkata: The Indian arm of CNH Industrial - the USD 18 billion global agriculture and construction equipment major - will invest around Rs 2,000 crore in India by 2030, including setting up a tractor plant near Greater Noida in Uttar Pradesh, a top company official said on Tuesday.

CNH Industrial India President and MD Narinder Mittal said the country is a focus market for the conglomerate, and it has firmed up spending Rs 1,000 crore on the new plant at Yamuna Expressway, close to its existing Greater Noida facility, to double tractor manufacturing capacity from 70,000 units to 1.4 lakh units.

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