OSAKA -- Japanese heavy machinery maker Kubota plans to spend 500 billion yen ($3.23 billion) over five years on research and development for new farm and construction equipment to be sold in India and North America.
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Kubota to dig deeper in India, North America with $3bn R&D buildup
Japan manufacturer to roll out new tractors, loaders under 5-year plan
Kubota's Indian subsidiary Escorts Kubota will oversee development of new basic tractors. (Photo by Hisashi Iwato)
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