CNH India to invest ₹1,800 cr in US tractor exports
after close1 source ↓written by the desknot a recommendation
- from 50
- 18%
CNH's India unit plans to invest ₹1,800 crore over the next two to three years to resume full-scale tractor exports to the US. This follows a trade agreement that reduced tariffs on Indian goods from 50% to 18%. The company halted exports late last year due to unprofitability but is now restarting production for the US market.
Not investment advice. For informational purposes only.