Kubota joint venture to start production in June 2021: Escorts

Escorts is planning to increase its annual tractor production capacity as demand has been quite strong.

“(It) will take a year for the capacity to rise,” said Bharat Madan, Group CFO of Escorts in an interview to CNBC-TV18.

“Kubota joint venture has earmarked a capacity of 30,000 tractors for Escorts, which should come into production around June next year,” he said.