Escorts Kubota Limited said the Assistant Commissioner of GST, Chennai (South) passed an order under Section 73 for FY23 confirming a tax demand of Rs 2.44 crore along with interest of Rs 1.71 crore and penalty of Rs 24.45 lakh related to input tax credit reconciliation, which the company intends to appeal.

Escorts Kubota Limited held a virtual ground-breaking ceremony at the UP-Japan Investment Meet 2026 for its Rs 3,025 crore project in the Yamuna Expressway Industrial Development Authority area. The Uttar Pradesh government said the facility will manufacture tractors, construction equipment and allied products for domestic and export markets and is expected to generate employment for more than 3,800 people, anchoring a proposed 500-acre Japanese City near Noida International Airport.

Escorts Kubota Limited announced it will invest over Rs 2,000 crore to set up a new integrated manufacturing plant on 154 acres at Sector 10, Gautam Buddha Nagar in the Yamuna Expressway Industrial Development Authority industrial area in Uttar Pradesh. The company said the phased facility will manufacture tractors, farm implements, construction equipment and engines for domestic and global markets, with first-phase capacity of up to 60,000 tractors and 15,000 construction equipment units per annum, compared to existing capacity of about 1,70,000 tractors and 10,000 construction equipment units. The project, described as one of the largest for promoter Kubota Corporation globally, will be funded from proceeds of the earlier preferential issue to Kubota Corporation and internal accruals.

Escorts Kubota Limited will hold a virtual ground-breaking ceremony during the UP-Japan Investment Meet 2026 in New Delhi for its project worth around Rs 2,025 crore in Sector 10 of YEIDA, which the Uttar Pradesh government said is expected to generate more than 3,800 jobs as part of Rs 3,191 crore of combined projects being showcased by the state.