Jump to content

Escorts Kubota Limited: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Revert to the old version
Tag: COI template removed
Revert to the old version
Line 1: Line 1:
{{distinguish|Escort Group|Special Escort Group}}
{{distinguish|Escort Group|Special Escort Group (disambiguation){{!}}Special Escort Group}}
{{Use Indian English|date=September 2015}}
{{Use dmy dates|date=September 2015}}
{{undisclosed paid|date=August 2018}}
{{Infobox company
{{Infobox company
| name = Escorts Group
| name = Escorts Limited
| logo = [[File:Escorts-logo.png|200px|Escorts Group Logo]]
| logo = [[File:Escorts-logo.png|200px|Escorts Group Logo]]
| type = Public Limited
| type = Public Limited
| location = [[Faridabad]], India
| traded_as = {{BSE|500495}}
| founder = Hari Nanda and Yuri Nanda
| location = [[Faridabad]], [[India]]
| foundation = 1960
| founder = Har Prasad Nanda and Yudi Nanda
| foundation = {{start date and age|1960}}
| area_served = Worldwide
| area_served = Worldwide
| key_people = [[Rajan Nanda]] <small>(Chairman and Managing Director)</small> and Nikhil Nanda <small>(Managing Director)</small>
| key_people = [[Nikhil Nanda]] (Chairman and Managing Director)
| industry = Engineering Conglomerate
| industry = Engineering Conglomerate
| products = Tractors, crop solutions, cranes, loaders, shock absorbers, struts, steering components, brakes for railways, couplers
| products = Tractors, crop solutions, pick and carry cranes, backhoe loaders, vibratory compactors, railway brake systems, couplers
| num_employees = 6,000 (2011)
| num_employees = 10,000 plus (2018)
| website = {{URL|http://www.escortsgroup.com/}}
| website = {{URL|http://www.escortsgroup.com/}}
}}
}}


The '''Escorts Group''' is an Indian multinational [[engineering]] conglomerate 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 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.<ref name=":0">{{http://articles.economictimes.indiatimes.com/2013-05-23/news/39475719_1_nikhil-nanda-escorts-s-sridhar|URL = http://articles.economictimes.indiatimes.com/2013-05-23/news/39475719_1_nikhil-nanda-escorts-s-sridhar}}{{cite web|title= Escorts' promoters Nanda family in middle of increasing control over company |url= http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/escorts-promoters-nanda-family-in-middle-of-increasing-control-over-company/articleshow/13043886.cms |publisher=Economic Times Website | date=May 8, 2012}}</ref>
The '''Escorts Group''' is an Indian [[engineering]] company that operates in the sectors of agri-machinery, construction and material handling equipment, and railway equipment. 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 [[Nikhil Nanda]] as the Chairman and Managing Director.<ref>{{cite web|URL = http://articles.economictimes.indiatimes.com/2013-05-23/news/39475719_1_nikhil-nanda-escorts-s-sridhar|title=How Nikhil Nanda is transforming Escorts to recapture it's lost ground}}</ref><ref>{{cite web|title= Can Nikhil Nanda turn around Escorts |url= http://www.business-standard.com/article/companies/can-nikhil-nanda-turn-around-escorts-115012101377_1.html |publisher=Business Standard Website | date=21 January 2015}}</ref><ref>{{cite web|URL = http://www.dnaindia.com/money/report-nikhil-nanda-at-escorts-ltd-wants-exports-to-drive-growth-looks-at-steering-construction-business-into-profits-2011515|title=Nikhil Nanda wants exports to drive growth |publisher=DNA Website | date=18 August 2014}}</ref>

==History==
Escorts Group was founded in 1944 by two brothers, Har Prasad 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 and started manufacturing X Ray machine with collaboration of [[Westinghouse Electric Corporation|Westinghouse]] & Heating Elements with Elpro. Since inception, Escorts Group has been associated with engineering companies such as [[Minneapolis Moline]], [[Massey Ferguson]], Goetze, [[Mahle GmbH|Mahle]], [[Ursus Factory]], CEKOP, [[Ford Motor Company|Ford]] , J.C. Bamford Excavators, [[Yamaha]], [[Claas]], [[Carraro Agritalia|Carraro]], First Pacific Company, Hughes Communications, Jeumont Schneider, Dynapac, etc.


==Businesses==
==Businesses==


===Escorts Agri Machinery===
===Escorts Agri Machinery===
A pioneer of farm mechanisation in India, Escorts Agri Machinery (EAM) was launched in 1960. The company manufactures [[tractors|tractor]] under the brand names of Escort, Farmtrac<ref>{{cite web|title= Escorts launches two new tractor models|url= http://zeenews.india.com/business/automobiles/auto-news/escorts-launches-two-new-tractor-models_48540.html |publisher=Zee News Website | date=May 29, 2012}}</ref><ref>{{cite web|title= Escorts eyes high end tractor segment|url= http://www.business-standard.com/india/news/escorts-eyes-high-end-tractor-segment/474390/ |publisher=Business Standard | date=May 16, 2012}}</ref> and Powertrac. EAM consists of four manufacturing plants that cover an area of 134,000 sq.m. The company also has a plant in [[Poland]], which is a 100% subsidiary and functions in the name of Farmtrac Europe.


Escorts Agri Machinery was launched in 1960. The company manufactures [[tractors]] under the brand names of Farmtrac, Powertrac and Steeltrac.<ref>{{cite web|title= Escorts forms JV with Amul Group for Specialised Tractors |url= http://www.thehindubusinessline.com/companies/escorts-forms-jv-with-amul-group-for-specialized-tractors/article7098945.ece |publisher=Hindu Business Line | date=13 April 2015}}</ref> It has four manufacturing plants in Faridabad and one subsidiary unit in Poland in the name of Farmtrac Europe.
===Escorts Railway Products===
Escorts Railway Products (ERP) is an ISO 9001 certified company that manufactures critical railway components. ERP supplies air brake system, EP brake system, [[draft gear]]s and couplers, composition brake blocks, dampers and rubber components to [[Indian Railways]].<ref>{{cite web|title= Escorts inks pact with US firmsegment|url=http://www.indianexpress.com/news/escorts-inks-pact-with-us-firm/898520/ |publisher=Indian Express | date=January 11, 2012}}</ref>


===Escorts Auto Products===
===Escorts Construction Equipment===

Escorts Auto Products (EAP)<ref>{{cite web|title= Escorts Appoint Pahwa As Head, Auto Suspension Products Division|url=http://automotivehorizon.sulekha.com/escorts-appoint-pahwa-as-head-auto-suspension-products_newsitem_1994 |publisher=Automotive Horizons Website| date=January 2011}}</ref> manufactures auto suspension products such as [[shock absorbers]], struts and telescopic front forks for the automotive industry. The company pioneered automotive shock absorber manufacturing in India in 1966 in technical collaboration with Fichtel & Sachs, Germany. The EAP manufacturing unit is spread across an area of 12,500 sq. ft. in Faridabad.
Escorts Construction Equipment manufactures and markets construction and material handling equipment like pick and carry [[crane (machine)|crane]]s, [[backhoe loader]], vibratory rollers and forklifts. The manufacturing and assembly facility is located in Sec 58, Faridabad.

===Railway Equipment Division===

Railway Equipment Division 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]]. The manufacturing facility is located in Sector 24, Faridabad.


==Knowledge Management Centre==
==Knowledge Management Centre==
Set up in 1976, the Escorts Knowledge Management Centre (KMC) is spread over 100,000 sq.m. area in Faridabad. This centre designs the entire tractor – engine, transmission plus hydraulic systems and [[vehicle design]] consisting of sheet metal (including styling), controls and accessories.
Set up in 1976, the Escorts<ref>{{cite web|url=http://www.shreyaescorts.com/|title=shreyaescorts.com}}</ref> Knowledge Management Centre (KMC) is spread over 100,000 sq.m. area in Faridabad. This centre designs the entire tractor – engine, transmission plus hydraulic systems and vehicle design consisting of sheet metal (including styling), controls and accessories.


The KMC has facilities such as engine laboratory featuring computerized test beds with online control, data acquisition and analysis, advanced vehicle testing laboratory, noise vibration and harshness lab, metrology lab, and materials engineering lab. The KMC uses 3D-modeling, analysis and simulation software for engines, transmissions and vehicles. Physical prototypes are then tested for performance, durability and reliability.
The KMC has facilities such as engine laboratory featuring computerized test beds with online control, data acquisition and analysis, advanced vehicle testing laboratory, noise vibration and harshness lab, metrology lab, and materials engineering lab. The KMC uses 3D-modeling, analysis and simulation software for engines, transmissions and vehicles. Physical prototypes are then tested for performance, durability and reliability.


==Company Updates==
==Awards and Recognitions==
* On 24 June 2015, the company signed a five-year deal with US-based IT firm [[Cognizant | Cognizant Technology Solutions]]. This deal is to bring digital transformation to all its business segments including [[Agricultural machinery|agri-machinery]], [[Material-handling equipment|material handling and construction equipment]] and [[Rail transport|railway equipment]].<ref>http://www.thehindubusinessline.com/companies/escorts-ties-up-with-cognizant/article7350185.ece</ref>
* Industry Leadership Award to Escorts for pioneering work in agri-mechanization revolution (Agriculture Leadership Summit, 2010)
* Greentech Environment ‘Gold’ Award to the Escorts Knowledge Management Centre for outstanding achievement in environment management in the engineering sector (2011)
* Greentech Safety ‘Silver’ Award to Escorts Agri Machinery for achievement in safety management in engineering sector (2011)
* Business Leader in Safety Award to Escorts Agri Machinery for encouraging innovation in the field of safety and quality (Safety Innovation Awards, 2011)
* Best Supplier for Development in Suspension Award to Escorts Auto Products from Suzuki Motorcycle India Pvt. Ltd. (2012)
as

⚫
==References==
{{reflist|30em}}


==External links==
==External links==
*[http://www.escortsgroup.com/ Official Website of Escorts Group]
* [http://www.escortsgroup.com Official Website]


⚫
==References==
{{Two wheelers in India}}
{{Reflist}}


⚫
[[Category:Tractor manufacturers of India]]
⚫
[[Category:Engineering vehicles]]
[[Category:Companies based in Haryana]]
[[Category:Companies based in Haryana]]
[[Category:Manufacturing companies established in 1960]]
⚫
[[Category:Engineering companies of India]]
⚫
[[Category:Tractor manufacturers of India]]
[[Category:Indian brands]]
[[Category:1960 establishments in India]]

Revision as of 12:01, 9 April 2019

Not to be confused with Escort Group or Special Escort Group.

Escorts Limited
Company typePublic Limited
BSE: 500495
IndustryEngineering Conglomerate
Founded1960; 65 years ago (1960)
FounderHar Prasad Nanda and Yudi Nanda
HeadquartersFaridabad, India
Area served
Worldwide
Key people
Nikhil Nanda (Chairman and Managing Director)
ProductsTractors, crop solutions, pick and carry cranes, backhoe loaders, vibratory compactors, railway brake systems, couplers
Number of employees
10,000 plus (2018)
Websitewww.escortsgroup.com

The Escorts Group is an Indian engineering company that operates in the sectors of agri-machinery, construction and material handling equipment, and railway equipment. 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 Nikhil Nanda as the Chairman and Managing Director.[1][2][3]

History

Escorts Group was founded in 1944 by two brothers, Har Prasad 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 and started 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.

Businesses

Escorts Agri Machinery

Escorts Agri Machinery was launched in 1960. The company manufactures tractors under the brand names of Farmtrac, Powertrac and Steeltrac.[4] It has four manufacturing plants in Faridabad and one subsidiary unit in Poland in the name of Farmtrac Europe.

Escorts Construction Equipment

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 Sec 58, Faridabad.

Railway Equipment Division

Railway Equipment Division 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. The manufacturing facility is located in Sector 24, Faridabad.

Knowledge Management Centre

Set up in 1976, the Escorts[5] Knowledge Management Centre (KMC) is spread over 100,000 sq.m. area in Faridabad. This centre designs the entire tractor – engine, transmission plus hydraulic systems and vehicle design consisting of sheet metal (including styling), controls and accessories.

The KMC has facilities such as engine laboratory featuring computerized test beds with online control, data acquisition and analysis, advanced vehicle testing laboratory, noise vibration and harshness lab, metrology lab, and materials engineering lab. The KMC uses 3D-modeling, analysis and simulation software for engines, transmissions and vehicles. Physical prototypes are then tested for performance, durability and reliability.

Company Updates

References

  1. ^ "How Nikhil Nanda is transforming Escorts to recapture it's lost ground".
  2. ^ "Can Nikhil Nanda turn around Escorts". Business Standard Website. 21 January 2015.
  3. ^ "Nikhil Nanda wants exports to drive growth". DNA Website. 18 August 2014.
  4. ^ "Escorts forms JV with Amul Group for Specialised Tractors". Hindu Business Line. 13 April 2015.
  5. ^ "shreyaescorts.com".
  6. ^ http://www.thehindubusinessline.com/companies/escorts-ties-up-with-cognizant/article7350185.ece
Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Escorts_Kubota_Limited&oldid=891666207"