Escorts Kubota to buy property in Ghiloth, Rajasthan for manufacturing unit
Infrastructure
Nov 09,2023
Escorts Kubota Limited said in an exchange filing that, in accordance with their Mid-Term Business Plan (MTBP), the business intends to buy property in Ghiloth, Rajasthan, for the construction of an integrated greenfield manufacturing facility.
Escorts Kubota Limited currently has a capacity of 1.70 lakh units for tractors and engines, which includes the capacity of their joint venture company, Escorts Kubota India Private Limited.
In the fiscal year 2022-23, the company's existing capacity was utilized at 71%, taking into account production at their joint venture, Escorts Kubota India Private Limited.
Escorts Kubota Limited plans to acquire approximately 258 acres of land in Ghiloth, Rajasthan.
Company :
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Escorts Kubota