- Kubota is expanding its market reach by purchasing systems for deployment in the Corpus Christi area of Texas and the Irvine area of California.
- Kubota is targeting the growing tractor market segment in India.
Kubota Appoints President for Agri Business Segment in India
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What happened
Manish Sharma has joined Escorts Kubota as President of the Agri Business segment, according to a regulatory filing. Escorts Kubota is the company that manufactures agricultural machinery and construction equipment. Kubota Corporation, the Japan-based company, holds a 53.5 per cent stake in Escorts Kubota and is the controlling shareholder. Sharma will oversee the Tractor Business Division, Agri Solutions Business Division, and Service and Spare Parts Business Division.
Why it matters
The appointment follows a strategic move by Kubota Corporation to sharpen its focus on technology-led farm mechanisation and premiumisation of its tractor portfolio. This occurs amid increasing competition within the agricultural machinery sector. The move is significant as it guides the company's operations in India and international markets.
Kubota is targeting the growing tractor market segment in India. Kubota is expanding its market reach by purchasing systems for deployment in the Corpus Christi area of Texas and the Irvine area of California.
Who's involved
- KubotaMajority owner (53.5 per cent stake) and promoter of Escorts Kubota.
- Manish SharmaPresident of Agri Business at Escorts Kubota, overseeing key business divisions.
- Nikhil NandaChairman and Managing Director of Escorts Kubota.
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Kubota is targeting the growing tractor market segment in India.Also in this story
- Kubota sells agri-machinery via Farmtrac brand, with Nikhil Nanda serving as Chairman and Managing Director.
- Kubota is building a major manufacturing hub in India to leverage global manufacturing growth.
The entities involved
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Kubota
Japanese multinational manufacturing company