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.
Rail Products Business Signs Agreement with Renowned Company Dako CZ
Escorts (Rail Products Business) has signed an Exclusive Agreement with a European Company; DAKO-CZ a.s. (a world renowned company, manufacturing Brake System and Brake Equipment for Railway Passenger Vehicles, Rail Freight Wagons and Locomotives), for the supply of critical parts of Disc Brake System.
RED Ties up with Ingeteam, Spain for Railway Traction Systems
Escorts has signed an exclusive agreement with Ingeteam Traction to provide world class traction systems to Indian Railways. The product has large scale application on Electric Locomotives, Diesel-Electric Locomotives, Diesel Electrical Multiple Units (DEMU) and Electric Multiple Units (EMU) of Indian Railways.
Escorts at Machinery Mart 2010
Escorts Agri Machinery Division and Escorts Construction Equipment Limited showcased products at the recently held "Machinery Mart 2010," in Guwahati, Assam.