India’s tractor market to soar like China’s auto boom, plans to double share: CNH CEO

CNH CEO Gerrit Marx says India could play the same role in agriculture as China did in cars 15 years ago, as the company launches a new tractor and looks to expand its market share.

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India’s tractor market to soar like China’s auto boom, plans to double share: CNH CEO
“India is probably for agriculture what China was 15 to 20 years ago for passenger cars,” said Gerrit Marx, Global CEO of CNH, in an exclusive interview with CNBC-TV18. He explained that CNH’s New Holland tractors and industrial equipment business aims to expand its presence in India and achieve a double-digit market share.

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