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Tractor demand drying to likely 3-year low at arid farmsTractor sales are projected to fall by up to 10% year-on-year, while vehicle dealers in some markets are also reporting sharp declines in s...- China curbs spur push for local manufacturingIndia's government will consult stakeholders on measures to mitigate the impact of Chinese export constraints. China recently imposed new r...
- ET Prime Special Series: Multibagger or IBC - Part 76: Exports are 30%, one customer is 28%, and EV story is still at the starting lineSeventy-six weeks,76 auto ancillary companies. This week, we turn to another legacy supplier that has spent decades building precision-manu...
- CNH Industrial to invest Rs 2,000cr in India by 2030, double tractor mfg capacityCNH Industrial India will invest Rs 2,000 crore by 2030. This includes a new tractor plant near Greater Noida to double manufacturing capac...
- Escorts Kubota announces Rs 2,000 cr investment on new plant in UPEscorts Kubota will invest Rs 2,000 crore in a new manufacturing plant in Uttar Pradesh. This large facility will produce tractors, farm im...
- CNH's India posts 42% jump in H1 tractor sales, eyes capacity boost as US tariff strain easesIn a significant development, CNH India has witnessed a 42 percent rise in domestic tractor sales, securing its highest market share to dat...
- CNH India to resume US tractor exports; invest Rs 1,800 cr in capacity expansion after tariff cutCNH India will restart full tractor exports to the US. The company plans a Rs 1,800 crore investment over the next two to three years. This...
- India EU-FTA will enable more tech sharing, collaboration: IndustryA new trade deal between India and the European Union promises more technology sharing and collaboration. This agreement is expected to boo...
- Agri equipment firm CNH opens 4th distribution centre in India to boost aftermarket serviceAgricultural equipment major CNH has launched a new parts distribution centre near its Pune manufacturing plant. This facility will boost a...
- Banks push for Yuan trade in GIFT City as India-China ties warm upIndia's GIFT City is considering allowing banks to transact in offshore renminbi. This move follows a suggestion from banks to broaden serv...
- CNH Industrial looks to leverage India's tech skills, cost advantages for global requirementsCNH Industrial harnesses Indian talent at the India Technology Centre for global technology development, emphasizing innovation and regiona...
- India will soon become largest tech centre for CNH Industrial: Marc KermischCNH - which has 600 engineers working at the India Technical Centre (ITC) in Gurugram (Haryana) - is in the process of hiring an additional...
- Top European tractor maker CNH targets mainstream market in IndiaApart from playing a larger global role, CNH is seeking to tap into the growing farm business.The company had recently strengthened its off...
- CNH Industrial targets double-digit revenue growth from construction equipment vertical in 3 yearsThe construction and agricultural equipment maker has charted a strategic business plan and expects revenues from the construction equipmen...
- Tractor major CNH to triple sourcing from IndiaAs part of its 'China plus' strategy, the Italian-American company has clear visibility of at least tripling its sourcing from India to wor...
- Tractor market to uptick from mid next year: CNH Industrial“Tractor sales have declined the past few months because of high base and inflation. Long-term, though, there is a huge potential for growt...
- Concerns govt would take more reserves from central bank were unwarrantedTransfer may be used to keep a buffer to maintain the fiscal deficit target.
- CNH Industrial appoints Raunak Varma as country manager for India & SAARCVarma, who has over 20 years of experience in business administration, operations and finance, will be replacing Gabriele Lucano at the fir...
- ONGC Videsh qualified along with Chevron, Exxon for Mexico bid roundONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.
- ICICI Bank raises 500 million Yuan bond at 4.66 per centICICI is the only private sector bank to access the CNH market twice this year.
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