Escorts Ltd. sets up Rs. 25 Crores facility in Uttaranchal for manufacture of Auto Components and Railway Equipment
New Delhi, 13th September 2006: Escorts Limited a leading manufacturer and supplier of Agri Machinery Products, Auto Suspension, Ancillary Products and Railway Equipment is setting up a manufacturing facility, with an investment of Rs.25 crores, at Integrated Industrial Estate, Pantnagar, Uttaranchal. It will manufacture auto components and railway equipment and add to its existing product portfolio.
Darby’s Second Asia Mezzanine Fund makes Investment in Escorts Construction Equipment Ltd.
Infusion of Rs.750 million to meet Escorts’ ambitious growth plans in its construction equipment business