Escorts Kubota Eyes Export of Tractors to US Amid India-US Trade Deal

Escorts Kubota sees potential in exporting tractors to the US due to the India-US interim trade deal. The company's parent, Kubota Corporation, plans to leverage India for growth by 2030. Despite zero tariffs on the India-EU FTA, the tractor industry is set to ride the domestic growth momentum.

Escorts Kubota is poised to explore the American market for tractor exports, encouraged by the recent India-US interim trade deal. A top official from the farm equipment giant indicated this opportunity could help penetrate the US market.

Kubota Corporation, the company's Japanese parent, aims to make India a key segment of its growth plans by 2030 by leveraging the nation for research, development, procurement, and production. With existing tariffs disadvantaging Japanese exports, Indian production may become a viable avenue for the company.

While zero tariffs on the India-EU FTA mean no immediate changes in exports to Europe, the domestic tractor market is experiencing a surge following GST rate cuts. This growth trajectory is expected to continue through the first quarter of 2026, according to Escorts Kubota's CFO, Bharat Madan.

(With inputs from agencies.)