site logo
Search Location Location

Ad

Ad

Ad

Kubota to Build Tractor Manufacturing Plant Near Jewar Airport: Big Boost for Western UP


By Robin Kumar AttriUpdated On: 23-Sep-24 10:11 AM
noOfViews9,875 Views

Follow Us:follow-image
Shareshare-icon

ByRobin Kumar AttriRobin Kumar Attri |Updated On: 23-Sep-24 10:11 AM
Share via:

Follow Us:follow-image
noOfViews9,875 Views

Kubota plans a ₹4,500 crore tractor plant near Jewar Airport, creating 15,000 jobs and boosting UP's industrial growth.
Kubota to Build Tractor Manufacturing Plant Near Jewar Airport: Big Boost for Western UP
Kubota to Build Tractor Manufacturing Plant Near Jewar Airport: Big Boost for Western UP

Key Highlights

  • Kubota to invest ₹4,500 crore in tractor manufacturing near Jewar Airport.
  • 15,000 job opportunities are expected.
  • 250-300 acres of land sought near Yamuna Expressway.
  • Production to start by 2028.
  • Japanese and Korean Cities to be developed nearby with advanced infrastructure.

Japan’s leading company, Kubota, is gearing up for a major investment in Uttar Pradesh. In partnership with Indian tractor manufacturer Escorts, Kubota plans to set up a state-of-the-art tractor manufacturing plant near Jewar Airport. This joint venture will see an investment of ₹4,500 crore, which is expected to generate around 15,000 jobs, boosting both the local economy and employment.

Also Read: VST Zetor Range of Tractors Launched to Boost Farm Mechanization in Madhya Pradesh

Seeking Prime Land Near Yamuna Expressway

Kubota is in talks with the government to acquire 250 to 300 acres of land, particularly near the Yamuna Expressway and Noida International Airport. The company aims to leverage the excellent connectivity offered by the airport, expressway, and train routes. This strategic location ensures the smooth transportation of goods and services.

This move aligns with the state government’s Foreign Direct Investment (FDI) policy, designed to attract foreign investments and stimulate economic growth in the region. The project is slated to be completed by 2028, marking a significant step forward in modernizing tractor manufacturing in Western Uttar Pradesh.

Boost to Tractor Manufacturing

Once operational, this plant will enhance the production of high-tech tractors for farmers in the region. Kubota’s investment will elevate the manufacturing standards and make the latest tractor models more accessible to local farmers, improving agricultural efficiency.

Also Read: Top 10 Kubota Tractors in India: Prices & Specs

Development of a Japanese City Near the Plant

In addition to the tractor plant, a "Japanese City" will also be developed in Sector-5, alongside a Korean City. The Yamuna Development Authority will begin purchasing land for this project, which promises no displacement issues, as the area is free from populated villages.

The Japanese City will focus on industries like semiconductors, artificial intelligence (AI), green hydrogen energy, solar energy, and the automobile sector. The state government plans to develop infrastructure in this area, including high-quality roads, electricity, and security, making it an attractive hub for foreign companies.

A Better Quality of Life for Workers

Employees working in Japanese and Korean cities will benefit from a host of modern facilities, including housing, schools, and hospitals. This move will ensure that workers and their families live in a comfortable and well-connected environment, fostering a sense of community while encouraging more foreign investment in the region.

Also Read: Agricultural Equipment Subsidy Scheme 2024: Top 7 Equipment Available with Subsidy – Apply Now

CMV360 Says

Kubota’s massive investment is set to revolutionize tractor manufacturing in Uttar Pradesh. With a strategic location near major transportation hubs and the development of modern cities, this project will not only boost the local economy but also create a robust ecosystem for global industries. By 2028, both the tractor plant and the new cities will be operational, marking a new era of growth for Western UP.

News


Swaraj Tractors Introduces the TARGET 625, Revolutionizing the 25HP Segment

Swaraj Tractors Introduces the TARGET 625, Revolutionizing the 25HP Segment

The Swaraj Target 625 offers powerful performance, advanced technology, and versatility, ideal for modern farming tasks in 25HP tractors....

03-Oct-24 07:52 AM

Read Full News
VST Tillers Tractors Sales Reports September 2024: 2,110 Power Tillers and 473 Tractors Sold

VST Tillers Tractors Sales Reports September 2024: 2,110 Power Tillers and 473 Tractors Sold

VST Tillers Tractors Ltd. reports September 2024 sales: 473 tractors and 2,110 power tillers, showcasing a slight overall sales decline....

01-Oct-24 10:19 AM

Read Full News
TAFE Claims Ownership of Massey Ferguson in India; Files Contempt Case Against AGCO

TAFE Claims Ownership of Massey Ferguson in India; Files Contempt Case Against AGCO

TAFE asserts ownership of the Massey Ferguson brand in India, filing a contempt case against AGCO for violating the court orders....

01-Oct-24 09:08 AM

Read Full News
Escorts Kubota September 2024 Sales Report: 12,380 Units, 2.5% Growth

Escorts Kubota September 2024 Sales Report: 12,380 Units, 2.5% Growth

Escorts Kubota recorded 12,380 tractor sales in September 2024, showing growth in domestic sales despite a drop in exports....

01-Oct-24 06:23 AM

Read Full News
Mahindra Tractor September 2024 Sales Report: 44,256 Units, 3% Growth

Mahindra Tractor September 2024 Sales Report: 44,256 Units, 3% Growth

Mahindra & Mahindra sold 44,256 tractors in September 2024, showcasing growth driven by favorable crop conditions and demand....

01-Oct-24 05:35 AM

Read Full News
Gadkari Encourages Tractor Manufacturers to Switch to Alternative Fuels

Gadkari Encourages Tractor Manufacturers to Switch to Alternative Fuels

Gadkari urges tractor makers to adopt alternative fuels, promoting sustainability, reducing costs for farmers, and boosting rural development....

30-Sep-24 05:16 AM

Read Full News

Ad

Ad

As featured on:

entracker
entrepreneur_insights
e4m
web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.