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Key Points

Japanese agricultural equipment giant Kubota has committed to a massive Rs 2000 crore investment in Haryana. The announcement came during Chief Minister Nayab Singh Saini's official visit to Kubota's Osaka plant where he met with senior company officials. This investment, made in collaboration with Escorts, marks a significant boost for both industrial and agricultural sectors in the state. The project promises to bring modern farming technology while creating substantial employment opportunities for local youth.

Key Points: Kubota Invests Rs 2000 Crore in Haryana with Escorts Partnership

  • Kubota's investment will bring modern agricultural technology to Haryana's farming sector
  • The project will create numerous employment opportunities for local youth in the state
  • Investment announced during CM Nayab Singh Saini's delegation visit to Osaka plant
  • Collaboration with Escorts aims to establish local manufacturing unit in Haryana
2 min read

Japan's Kubota to invest Rs 2,000 crore in Haryana

Japanese tractor giant Kubota announces Rs 2000 crore investment in Haryana, promising modern agricultural technology and major employment opportunities for local youth.

"This investment by Kubota will prove to be a major step forward for both the industrial and agricultural sectors of Haryana - Haryana Government Statement"

Chandigarh, Oct 8

Under the leadership of Haryana Chief Minister Nayab Singh Saini, the high-level delegation from the state, which is on an official visit to Japan, visited the Kubota Tractor Plant located in Osaka on Wednesday.

During the visit, the Chief Minister met with senior officials of the company and held detailed discussions on potential investment and opportunities for technical collaboration in the agricultural equipment manufacturing sector in the state.

During the meeting, Kubota announced an investment of Rs 2,000 crore in Haryana in collaboration with Escorts. This investment by Kubota will prove to be a major step forward for both the industrial and agricultural sectors of Haryana. It will not only bring modern agricultural technology to the state but also create numerous employment opportunities for local youth, a statement by the government said.

The delegation included the state’s Minister for Industries and Commerce, Rao Narbir Singh; Chief Principal Secretary to the Chief Minister, Rajesh Khullar; Principal Secretary to the Chief Minister, Arun Kumar Gupta; Commissioner and Secretary of the Department of Industries and Commerce, Amit Kumar Agrawal; Managing Director of HSIIDC, Yash Garg; among other senior officials.

The Chief Minister appreciated the company’s state-of-the-art manufacturing technologies and innovation-based production system, stating that Haryana is an agriculture-dominated state and therefore has the potential to become a major hub for agricultural equipment manufacturing. He invited the company to invest in Haryana and establish a local manufacturing unit. Kubota officials expressed keen interest in investing in the state.

The delegation shared information about the government’s industry-friendly policies, stating that the state government is creating a strong industrial environment to attract investors. They said that simple and transparent procedures have been adopted in Haryana for setting up industries, ensuring that investors receive timely approvals.

- IANS

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Reader Comments

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Priya S
Great to see Haryana attracting foreign investment! But I hope the government ensures that local MSMEs also benefit from this collaboration and don't get overshadowed by the big players. The partnership with Escorts is promising though.
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Arjun K
Japanese companies bring excellent work culture and quality standards. This investment will not only boost agriculture but also upgrade our manufacturing capabilities. Kudos to the CM and his team for this achievement! 🇮🇳🤝🇯🇵
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Sarah B
As someone working in the manufacturing sector, I appreciate how this will create a ripple effect in the local economy. The technical collaboration aspect is particularly exciting - our engineers will learn global best practices.
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Vikram M
While this is good news, I hope the government focuses on making these advanced agricultural machines affordable for small and marginal farmers. Often such collaborations result in expensive products that only large farmers can afford.
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Michael C
Excellent strategic move! Haryana's geographical location and agricultural base make it perfect for this investment. The Rs 2,000 crore commitment shows serious intent from Kubota. Looking forward to seeing the manufacturing unit come up.

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