Kubota controls Escorts Kubota, one of India's largest tractor makers, which sells Farmtrac, Powertrac and Kubota tractors along with construction equipment. The company is based in Faridabad in Haryana, where it makes tractors and engines, and is planning a large new plant in Rajasthan.
Ownership and structure
Kubota is the controlling shareholder of the listed Escorts Kubota Limited, holding about 53.5 percent after the cancellation of shares held by a company trust. The promoter group, which includes Kubota and the Nanda family, holds 68.04 percent. Escorts Kubota Limited is listed on the NSE and BSE under the symbol ESCORTS.
What India does for Kubota
India is a core tractor market and manufacturing base for Kubota through its control of Escorts Kubota.
Investment and deals
Kubota invested about Rs 1,042 crore for a 10 percent stake in Escorts in 2020 and about Rs 1,872 crore for a further 5.9 percent in 2021. Escorts Kubota plans to invest up to Rs 4,500 crore in a new plant at Ghiloth in Rajasthan.
Kubota's India business
Kubota set up Kubota Agricultural Machinery India in 2008. Kubota bought into Escorts in 2020 and became its controlling shareholder in 2022, when the company was renamed Escorts Kubota Limited.
Escorts Kubota had 4,490 employees and 12,715 workers as of March 31, 2025. The Faridabad operations can make about 170,000 tractors and 150,000 engines a year.
Escorts Kubota sold its railway equipment division to Sona Comstar in 2025 and plans to invest up to Rs 4,500 crore in a new plant at Ghiloth in Rajasthan.
Key moves in India
- 2008: Kubota set up Kubota Agricultural Machinery India.
- 2019: Kubota and Escorts formed a joint venture to make tractors in February.
- 2020: Kubota bought a 10 percent stake in Escorts for about Rs 1,042 crore, and Escorts took 40 percent of Kubota Agricultural Machinery India.
- 2021: Kubota raised its stake to 14.99 percent through a Rs 1,872 crore preferential issue.
- 2022: Kubota lifted its stake to 44.8 percent and the company was renamed Escorts Kubota Limited.
- 2024: Kubota Agricultural Machinery India and Escorts Kubota India were merged into Escorts Kubota Limited.
- 2025: Escorts Kubota sold its railway equipment division to Sona Comstar.
Where it operates
Kubota runs its India business from Faridabad.
At a glance
- Home country: Japan
- Global headquarters: Osaka
- Sector: Manufacturing & Supply Chains
- Business: Agricultural machinery
- Role of India: Sales market, Manufacturing base, Export base
- India entity: Escorts Kubota Limited
- Listed in India: Escorts Kubota Limited (ESCORTS)
- India head office: Faridabad
- India offices: Faridabad
- India headcount: 17,205 (2025)
- In India since: 2008
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