Escorts Limited

#3216

Rank

$3.19B

MarketCap IN

IN India

Country

Summary
Escorts Kubota Limited manufactures and sells agri machinery, construction equipment, and railway equipment in India and internationally. The company offers agricultural tractors under the Farmtrac, Powertrac, Steeltrac, and Digitrac brands; crop solutions; engines; spare parts; lubricants; and sprayers, harvesters, implements, planters, and gensets. It also provides construction, earth moving and material handling equipment, round and flat tubes, heating elements, double acting hydraulic shock absorbers for railways coaches, center buffer couplers, automobile shock absorbers, telescopic front fork and Mcpherson struts, brake blocks, internal combustion engines, and friction and rubber products. In addition, the company offers metal bonded and other products. Further, the company trades in oils and lubricants, implements, trailers, tractors, compressor accessories and spares, construction equipment, and earth moving and material handling equipment. The company was formerly known as Escorts Limited and changed its name to Escorts Kubota Limited in June 2022. Escorts Kubota Limited was incorporated in 1944 and is based in Faridabad, India.

History

Escorts Limited was originally founded as Escorts Agents Ltd. in 1944 by brothers Har Prasad Nanda and Yudi Nanda. They started a family owned business, Nanda Bus Company, in Lahore.

Escorts Limited was founded in 1960 after the company set up its manufacturing base at Faridabad and began manufacturing agricultural machinery, x-ray machines with Westinghouse and heating elements with Elpro.


Mission
At Escorts, our mission is to produce world class products through revolutionary technology while delivering remarkable value to our customers, employees, and investors.

Vision
Escorts aspires to be among the most respected and trusted organizations in the global tractor and automotive industry. The company strives to be a leading innovator and value creator, providing the best solutions to our customers.

Key Team

Ms. Nitasha Nanda B.Com (Head of Group Investment Companies & Whole-Time Director)

Mr. Shailendra Agrawal B.E. (Exec. & Non-Independent Director)

Mr. Anil Kakkar (Chief Information Officer)

Mr. N. S. Rane B.Tech (Head of Component Plant & CHD)

Sharad Gupta (Group Head of Corp. Marketing & Brand Communications)

Mr. Ankur Dev (Chief Exec. Railway Equipment Division)

Mr. Amit Singhal (Group Chief HR Officer & Dy. Corp. Head)


Recognition and Awards
Escorts has been recognised with several awards, including the Tractors, Machinery and Equipment Award from the Industrial Development Bank of India, the Quality Management System Diploma from the Quality Council of India, and the Technology Upgradation Award from the Government of India.

References
Escorts Limited
Leadership team

Mr. Nikhil Nanda (Exec. Chairman & MD)

Mr. Bharat Madan B.Com (Hons.), FCA (Pres of Fin., Group CFO & Corp. Head)

Mr. Satyendra Chauhan (Chief GM of Legal & Secretarial, Compliance Officer and Company Sec.)

Products/ Services
AgTech, Automotive, Construction, Railroad
Number of Employees
1,000 - 20,000
Headquarters
Faridabad, Haryana, India
Established
1960
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
ESCORTS.NS
Social Media
Sun Mar 03 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium