About UsThe Escorts Group, is among India''s leading engineering conglomerates operating in the high growth sectors of agri-machinery, construction & material handling equipment, railway equipment and auto components.
Having pioneered farm mechanization in the country, Escorts has played a pivotal role in the agricultural growth of India for over five decades. One of the leading tractor manufacturers of the country, Escorts offers a comprehensive range of tractors, more than 45 variants starting from 25 to 80 HP. Escort, Farmtrac and Powertrac are the widely accepted and preferred brands of tractors from the house of Escorts.
A leading material handling and construction equipment manufacturer, we manufacture and market a diverse range of equipment like cranes, loaders, vibratory rollers and forklifts. Escorts today is the world''s largest Pick ''n'' Carry Hydraulic Mobile Crane manufacturer.
Escorts has been a major player in the railway equipment business in India for nearly five decades. Our product offering includes brakes, couplers, shock absorbers, rail fastening systems, composite brake blocks and vulcanized rubber parts.
In the auto components segment, Escorts is a leading manufacturer of auto suspension products including shock absorbers and telescopic front forks. Over the years, with continuous development and improvement in manufacturing technology and design, new reliable products have been introduced.
Throughout the evolution of Escorts, technology has always been its greatest ally for growth. In the over six decades of our inception, Escorts has been much more than just being one of India''s largest engineering companies. It has been a harbinger of new technology, a prime mover on the industrial front, at every stage introducing products and technologies that helped take the country forward in key growth areas. Over a million tractors and over 16,000 construction and material handling equipment that have rolled out from the facilities of Escorts, complemented by a highly satisfied customer base, are testimony to the manufacturing excellence of Escorts. Following the globally accepted best manufacturing practices with relentless focus on research and development, Escorts is today in the league of premier corporate entities in India.
Technological and business collaboration with world leaders over the years, Globally competitive indigenous engineering capabilities, over 1600 sales and service outlets and footprints in over 40 countries have been instrumental in making Escorts the Indian multinational. At a time when the world is looking at India as an outsourcing destination, Escorts is rightly placed to be the dependable outsourcing partner of world''s leading engineering corporations looking at outsourcing manufacture of engines, transmissions, gears, hydraulics, implements and attachments to tractors, and shock absorbers for heavy trailers and armored tanks.
In today''s Global Market Place, Escorts is fast on the path of an internal transformation, which will help it to be a key driver of manufacturing excellence in the global arena. For this we are going beyond just adhering to prevailing norms, we are setting our own standards and relentlessly pursuing them to achieve our desired benchmarks of excellence. |
Happenings / News / Press CoverageEscorts Limited appoints O.K. Balraj as Group Chief Financial Officer
New Delhi, August 27, 2009
Escorts Limited today appointed O.K. Balraj as Group Chief Financial Officer.
A Chartered Accountant by profession, certified under the Indian Institute of Bankers, London, with an advanced degree/ diploma from Harvard University on Project Finance, Balraj comes with over 28 years of rich and valued experience in different facets of financial operations and executive management. Prior to joining Escorts Limited, Balraj was working as Group Director (Finance) at NSL Group. At NSL Group, Balraj was responsible for dealing with banks and financial institutions for raising capital for fund expansion projects, follow-up of new investments for formulating strategic business plan. He has also worked at senior positions in reputed organizations like Goghenheim Infrastructure Fund, New York, Essar Group, IDFC, ANZ Grindlays and Tata Group.
On his appointment, Mr. Rajan Nanda, Chairman - Escorts Limited said, Balraj s focus would be to provide strategic thrust for Escorts growth through improving business economic performance of the organization with focus on profit earnings for all businesses. The company is in a resurgent phase and we are confident that Balraj s expertise and experience will be a key asset as we further implement our financial and operational strategies to move Escorts forward. We are confident that under his able guidance, the company will further strengthen its balance sheet and create significant value for our shareholders.
Memberships / AffiliationsAn alumnus of Doon School, Dehradun, Mr. Rajan Nanda took over as Chairman of Escorts Group in the year 1994. That was the time when the Indian economy had begun to burgeon as a result of liberalization. The task before him was to prepare Escorts Group for the emerging competitive, globalised business environment and steer it to greater heights. Displaying vision and leadership qualities, Mr. Nanda undertook a major restructuring programme to give sharper focus to the Group's businesses. Under his stewardship the Escorts Group today is moving ahead in the high growth areas of agri machinery, construction equipment, railway equipment and auto components. Mr. Nanda is an active member of several apex trade and industry bodies. As member of the CII National Council he has served as Chairman of its Agriculture Committee in the past years. He played a pivotal role in promoting the cause of Indian agriculture and his endeavours resulted in the Government announcing the long-awaited National Agriculture policy.
|
 | Fact Sheet | | | Year of Establishment | : | 1944 | | Nature of Business | : | Manufacturer | | Major Markets | : | Indian Subcontinent |
|
|
Contact Details| | Company Name:
| Escorts Group | | Contact Person: | Mr. Manager | | Telephone: | +(91)-(129)-2250222
| | Fax No: | +(91)-(129)-2250009 | | Address: | 15/5, Mathura Road, Faridabad, Haryana - 121 003 (India) |
|
|
Processing...
