CNH India aims to double its market share in tractors by 2030

The company’s approach will focus on four key pillars - expanding the domestic market, boosting exports, using design capabilities, and leveraging the local supply chain.

By Yukta Mudgal calendar 11 Feb 2025 Views icon3382 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
CNH India aims to double its market share in tractors by 2030

As the tractor industry prepares for the TREM Stage 5 norms, CNH India, the parent company of New Holland and CASE India announced the production of new engines at its Greater Noida facility.

This plant will produce TREM V-compliant 2.8L engines for tractors and construction equipment, with an annual capacity of 20,000 engines. In an exclusive interview with Autocar Professional, Narinder Mittal, President and Managing Director of CNH India, shared insights into this development and discussed the growth trajectory of India's tractor industry.

Looking to expand its business, CNH aims to double its market share in tractors by 2030. Mittal emphasised that the company’s strategy includes strengthening New Holland’s brand presence, expanding its network, and building a comprehensive product lineup to increase market share.

VIDEO:

RELATED ARTICLES
'India must adopt a tech-agnostic approach to sustainable mobility': Emitec's Ashish Bhalla

auther Autocar Professional Bureau calendar03 May 2025

In this interview, Ashish Bhalla, MD and CEO of Emitec outlines that instead of banning certain powertrains such as dies...

'More OEMs entering the EV space will spur demand': CS Vigneshwar

auther Autocar Professional Bureau calendar02 May 2025

The President of the Federation of Automobile Dealers Associations says that more options in the market for consumers to...

'Our R&D is focused on developing fuel-agnostic vehicles': Ganesh Mani

auther Autocar Professional Bureau calendar30 Apr 2025

As the transition towards sustainable transportation picks pace, CV major Ashok Leyland is ready with a range of fuel-ag...