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Escorts Group News

Escorts Comansa-JIE erect the World’s Highest Cooling Tower

ECEL’s tie up with Comansa-JIE has led to yet another achievement in the construction equipment manufacturing industry. Tower cranes manufactured by the company have been used in the construction of the world’s highest cooling tower.

ECEL Imparts Training to Nigerian Students

Escorts Construction Equipment Limited organized a month-long workshop for a batch of 22 students from Nigeria. The session focused on operations related to Pick-n-Carry Cranes, Digmax Backhoe Loader and Vibratory Compactor.

KMC Develops Most Fuel-Efficient Tractor

Escorts Knowledge Management Centre (KMC) engineers have developed a new PT425 tractor in its Powertrac series of tractors. This new model is in the 25 HP range and has two cylinder engines.

Escorts showcases its Tractors in Jakarta and Tunisia

Escorts Agri Machinery participated in the “India Show – Jakarta” in March 2012 to promote its range of tractors in Indonesia and neighbouring countries. The exhibition was attended by more than 7000 people from Indonesia and other South East Asian countries.

Escorts ties up with Amul Industries for Mini Tractors

Furthering its mission of providing the Indian farmer with premium technological solutions, Escorts Agri Machinery entered into a strategic alliance with Rajkot-based Amul Industries for distribution and marketing of sub-20HP mini agricultural tractors. To begin with, the new product line will be launched in the key markets of Gujarat, Maharashtra and Andhra Pradesh.

Escorts Tractor Awarded in Poland Agri Fair

Escorts Agri Machinery participated in the AgroTech Agricultural Fair 2012 in Kielce, Poland, in a bid to exhibit its latest offerings and reach out to the international market. Organized annually by Kielce Trade Fairs, AgroTech showcases the latest products, services and trends in the global agriculture industry.

Escorts First Quarter Net Profit at 10.86 crore

New Delhi, February 2, 2012: Escorts Limited today reported a Net Profit of 10.86 crore for the first quarter of the 2011-12 financial year ending December 31, 2011. Net sales increased 7.8% sequentially to 823 crore on account of a sequential increase of 9.2% in tractor sales. Escorts Limited follows an October-September fiscal year and the reported quarter is the first quarter of fiscal 2011-12.

Suzuki honours EAP with Best Supplier Award

Escorts Auto Products won the ‘Best Supplier for Development in Suspension’ Award from Suzuki Motorcycle India Pvt. Ltd. The recognition came for the development of the front fork and rear shock-absorber for the recently launched Suzuki motorbike, ‘Suzuki Hayate’.

Escorts Limited Signs Agreement with Honeywell for Railway Brake Systems

New Delhi, December 21, 2011:Escorts Limited, a leading manufacturer of critical railway components, has entered into an exclusive License and Technology assistance agreement with Honeywell, a U.S.-based Fortune 100 Company, for providing technology on friction materials for railway application.

Escorts signs agreement with Honeywell for Railway Brake Systems

New Delhi, December 21, 2011:Escorts Limited, a leading manufacturer of critical railway components, has entered into an exclusive License and Technology assistance agreement with Honeywell, a U.S.-based Fortune 100 Company, for providing technology on friction materials for railway application. Escorts Limited has been manufacturing and supplying various products to the Indian Railways and is one of the key players for supply of brake system including Composite Brake Blocks.

Escorts FY11 net profit at 120.1 Crore

New Delhi, November 28, 2011: Escorts Limited today reported a rise in Net Sales by 17% at Rs 3,210 crore in the financial year 2010-11as against Rs 2,745 crore in the previous year. The company reported a Net Profit of Rs120.1 crore for the financial year 2010-11 ending September 30, 2011. This is against a net profit of Rs 137.5 crore in the previous fiscal. EBIDTA stood at Rs 174.5 crore in the current fiscal.

Escorts make a mark in Mozambique

To establish a strong presence in the African market, Escorts AMG appointed new distributor in Mozambique.

AMG, Part of Government Delegation to Vietnam

India and Vietnam conducted a comprehensive review of their bilateral issues in the Meeting of the Joint Commission (JCM) co-chaired by External Affairs Minister Mr. S M Krishna. The meeting was held at Hanoi, Vietnam.

Escorts Showcases New Product at Poland Agro Show

Farmtrac Tractors Europe Sp Z.o.o has launched two new models - FT7100DT and FT7110 DT in Europe. These Tractors have made their first public appearance on this year’s Agro Show, at Bednary near Poznan. The Agro Show, Bednary is the biggest farm show in Poland and draws thousands of visitors.

RED Launches Project 45 The Brand Visibility Campaigns

A new marketing initiative from auto products division. Specific teams are deployed to enhance brand visibility and run region specific campaign to enhance brand building efforts in identified markets.

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