Kubota announces ₹2,000 crore investment in Haryana’s farm equipment sector

In a significant move set to reshape Haryana's industrial landscape, Japan’s Kubota Corporation has unveiled plans for a substantial ₹2,000 crore investment in the state. The decision, finalized during high-level talks in Osaka led by Haryana Chief Minister Sh. Nayab Singh Saini, marks a major leap forward for the region's agricultural manufacturing sector, with a focus on advanced farm equipment and tractor production.

Why Haryana is the Chosen Hub?

Haryana’s selection as the destination for this investment underscores its emergence as a premier business hub in India. Despite accounting for only 1.34% of the country's land area, the state makes an outsized contribution to the national economy.

It is a powerhouse in manufacturing, producing over half of India’s passenger cars and a dominant 52% of its tractors. The state is also a leader in logistics, ranks high in national foodgrain production, and is home to 400 Fortune companies in Gurugram.

This robust industrial ecosystem is supported by exceptional infrastructure. Haryana boasts 100% connectivity via national highways to all districts, with electricity and drinking water reaching every village. Its business-friendly policies, top-ranked "Ease of Doing Business" environment, and attractive incentive schemes consistently draw international investors.

The Impact: Technology, Jobs, and Growth

Kubota’s investment is poised to deliver multi-layered benefits for Haryana:

• Technology Transfer: The collaboration will introduce cutting-edge agricultural machinery and manufacturing technology to the state.
• Employment Generation: The project is expected to create numerous skilled job opportunities for local youth.
• Industrial Growth: The partnership, which includes collaboration with Indian leader Escorts Limited, will catalyze growth across the entire manufacturing and agricultural supply chain.
• Economic Momentum: This investment, inspired by the Chief Minister’s recent Japan visit, signals strong global confidence in Haryana and may attract further foreign capital.

Conclusion

Kubota’s ₹2,000 crore investment is more than a financial commitment; it is a testament to Haryana’s thriving industrial ecosystem and the state government's proactive policies.

 By bringing advanced technology, creating jobs, and strengthening the agriculture and manufacturing sectors, this venture is set to propel Haryana’s position as a national powerhouse of industrial innovation and sustainable economic development.

Why Tractor Gyan?

Tractor Gyan provides all tractor and agri-industry news, ensuring farmers never miss important updates. From major investments like Kubota’s ₹2,000 crore in Haryana to tractor launches, and more, Tractor Gyan is the go-to platform for timely, reliable, and insightful information that empowers every farmer’s decision.