For CNH, it’s not just India-for-India but India-for-global as well’

CNH Industrial is sharpening its India strategy for both domestic and global operations.

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In an interview with Akbar Merchant, CNH India President & Managing Director Narinder Mittal talks about market positioning, financial performance, capacity expansion and the company’s growth road map. Excerpts:How significant is India financially within CNH’s global operations?

CNH’s global turnover is around $20 billion. Our India legal entity recorded turnover of approximately $1.1 billion, or about €8,700 crore, depending on exchange rates. This includes agriculture equipment, construction equipment, captive financing and the India Technology Centre. India currently contributes around 5-6% of CNH’s global revenue, and we expect this share to rise steadily as both domestic demand and exports grow. Reflecting India’s strong performance and long-term potential, CNH reorganised its structure to carve India out as a standalone region, increasing the total number of global regions to five. India now has representation in the global leadership team, ensuring that investment, technology deployment and capacity decisions are aligned with local priorities.

What are the key businesses CNH operates in India today?