CNH India to resume US tractor exports with ₹1,800 cr investment
CNH India's unit will invest ₹1,800 cr to expand capacity and resume tractor exports to the US after tariffs were cut to 18%. This follows a halt in shipments due to previous high duties, impacting profitability.
after close1 source ↓written by the desknot a recommendation
- from 50
- 18%
Italian-American agriculture equipment firm CNH's India unit plans to invest ₹1,800 cr in capacity expansion over the next two to three years. This decision follows a recent trade agreement that reduced US tariffs on Indian goods to 18% from 50%. Production for the US market has resumed, allowing full-scale tractor exports to restart.
Not investment advice. For informational purposes only.