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Kubota has signed an agreement with Escorts Ltd to form a joint venture and invest around €38 million in a new tractor factory in Faridabad, Haryana, India. The plant is expected to be operational in 2020 with capacity of 50,000 tractors per year.
“Invertirán conjuntamente alrededor de 38 millones de euros en una nueva fábrica de tractores en Faridabab, en el estado de Haryana, al norte de India, que debería estar operativa en 2020.”agromaquinaria.co.uk
Summarized from public sources; check the original articles before acting on it.