Escorts aims to export tractors after trade deal with USA
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New Delhi: The India-US interim trade deal gives a good opportunity to explore exporting of tractors to America, according to a senior official of farm and construction equipment firm Escorts Kubota.
The company's Japanese parent Kubota Corporation has stated that it plans to turn India into its growth engine under its mid-term business plan for 2030, identifying business and projects from the country as one of the key aspects of the strategy.
"We are not exporting to the US right now. We think with this tariff thing coming in now, probably this will give us a good opportunity to look at opening up that market again," Escorts Kubota Ltd whole-time director and CFO Bharat Madan said.
He was responding to a query on the impact of the India-US interim trade deal.
