Escorts group
 |
|
| Public Limited | |
| Traded as | : |
| Industry | Engineering Conglomerate |
| Founded | 1960 |
| Founder | Hari Nanda and Yudi Nanda |
| Headquarters | Faridabad, India |
|
Area served
|
Worldwide |
|
Key people
|
Rajan Nanda (Chairman and Managing Director) and Nikhil Nanda (Managing Director) |
| Products | Tractors, crop solutions, pick and carry cranes, backhoe loaders, vibratory compactors, shock absorbers, railway brake systems, couplers |
|
Number of employees
|
6,000 (2014) |
| Website | www |
The Escorts Group is an Indian engineering company that operates in the sectors of agri-machinery, construction and material handling equipment, railway equipment and auto components. Headquartered in Faridabad, Haryana, the company was launched in 1944 and has marketing operations in more than 40 countries. Escorts Group’s management team includes Rajan Nanda as the Chairman and Managing Director and Nikhil Nanda as the Managing Director.
Escorts Group was founded in 1944 by two brothers, Hari Nanda(b.1918) and Yudi Nanda, in the name of Escorts Agents Ltd. in Lahore. They started out with the family owned Nanda Bus Company in Jammu. Escorts Limited was incepted in 1960 after the company set up its manufacturing base at Faridabad start manufacturing X Ray machine with collaboration of Westinghouse & Heating Elements with Elpro. Since inception, Escorts Group has been associated with engineering companies such as Minneapolis Moline, Massey Ferguson, Goetze, Mahle, Ursus Factory, CEKOP, Ford , J.C. Bamford Excavators, Yamaha, Claas, Carraro, First Pacific Company, Hughes Communications, Jeumont Schneider, Dynapac, etc.
Escorts Agri Machinery was launched in 1960. The company manufactures tractors under the brand names of Farmtrac, Powertrac and Steeltrac. It has four manufacturing plants in Faridabad and one subsidiary unit in Poland in the name of Farmtrac Europe.
Escorts Construction Equipment manufactures and markets construction and material handling equipment like pick and carry cranes, backhoe loader, vibratory rollers and forklifts. The manufacturing and assembly facility is located in Faridabad.
Escorts Railway Products manufactures and supplies critical railway components such as air brake system, EP brake system, draft gears and couplers, composition brake blocks, dampers and rubber components to Indian Railways.
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Wikipedia