Overview
- CNH confirmed plans for a second, larger New Holland tractor factory in India and is scouting land for a site bigger than its Greater Noida unit.
- The company targets lifting its Indian tractor share from roughly 4% to double digits by 2030, with a push into lower horsepower segments and locally led product engineering.
- Shipments to the U.S. are on hold after a 50% tariff on imports from India, with CNH saying existing U.S. inventory can cover about six months.
- In 2024, CNH built about 51,000 tractors in India, selling 37,000 domestically and exporting 14,000, with roughly 70% of exports to Europe and about 30% to the U.S.
- CNH unveiled its first India-built compact 35–55 hp New Holland tractors for Europe and North America, supported by local sourcing and a technology center in Gurugram.