CNH is one of the largest makers of agricultural equipment and ranks third in construction equipment manufacturing in the world.
The focus countries today are the growing markets of Latin America, Eastern Europe, China and India, even though North America and Europe contribute 51 per cent and 38 per cent to sales respectively. After a history of more than 110 years, CNH Global has achieved a sales turnover of more than Euro 10.6 billion and a net income of Euro 138.1 million in the year ending December 2005. Globally it employs more than 25,400 people. It has manufacturing operations in 16 countries and sells world-wide through about 10,800 dealers.
CNH Global formed a 100 per cent subsidiary in India, New Holland Tractors (India) Private Limited, to expand its reach to the country. It entered India in 1998 with its production facility of 30,000 units at Noida (Uttar Pradesh).The product portfolio has increased since the company's inception in the 35-75 HP (horsepower) range and today features eleven models and several variants to meet different customer needs and application requirements.The company's manufacturing unit in India has already achieved 90 per cent indigenisation, including its engines in 55-75 HP range under license from IVECO.
New Holland also exports from India fully-built tractors to about 40 countries in North America, West Asia, Africa, Australia, South-East Asia and Latin America. Besides this, it exports sub-assemblies and other tractor parts to the production facilities of its parent company, CNH Global, across the world.