CNH to invest over $200 million in Jewar plant; targets 25% exports
The company’s new 100 acre facility will add 1 lakh tractors to CNH India's annual capacity, taking its combined manufacturing capability to 1.7 lakh units.
Construction and agriculture equipment firm CNH plans to use its upcoming Jewar facility in Uttar Pradesh to expand tractor manufacturing for domestic and international markets, with the plant expected to add 1 lakh units to its annual production capacity. The company is investing over $200 million in the facility and associated product programmes as it looks to scale up its operations in India. The expansion will take CNH India's combined tractor manufacturing capacity at Greater Noida and Jewar to around 1.7 lakh units annually. The new 100 acre facility will be developed in phases, with production planned across tractors of up to 120 HP. Advt
Speaking at the plant's groundbreaking, CNH CEO Gerrit Marx said the company's India operations had a role beyond supplying the domestic market, with manufacturing and engineering capabilities also supporting its global business. "India is playing an increasingly strategic role within CNH's global manufacturing and technology ecosystem," Marx said, adding that the investment reflected the company's confidence in India's manufacturing capabilities and engineering talent. Export to drive production CNH expects exports to account for approximately 25% of its combined tractor production capacity in India. The company currently exports from India to around 80 countries, spanning markets in North and South America, Asia and Australia.
The Jewar facility is planned to manufacture tractors of up to 120 HP, with a significant share of production intended for international markets.
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