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Escorts Limited is now Escorts Kubota Limited
19-Jun-2022 - 0 Comments.
With reference to our earlier communication on 18 November 2021, Escorts Limited has received requisite approvals for the name change of the Company from Escorts Limited to 'Escorts Kubota Limited' with effect from June 9, 2022, the company said in a statement.
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Escorts Agri Machinery sold 6423 tractors in May 2021
02-Jun-2021 - 0 Comments.
Escorts Ltd's Agri Machinery Segment (EAM) in May 2021 sold 6423, against 6594 tractors sold in May 2020.
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Escorts Ltd announces Covid relief measures for its dealerships
31-May-2021 - 0 Comments.
In a program titled ‘Covid-Shield’, India’s leading engineering conglomerate, Escorts Limited announced several Covid-relief measures for its Dealerships, including a no-questions-asked financial aid of INR 20,000 for its select dealership employees, upon testing positive for Covid-19.
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Escorts announces Covid-relief measures for its customers
26-May-2021 - 0 Comments.
In order to support the farming community amidst the second wave of Covid-19, Escorts Limited, India’s leading engineering conglomerate, announced Covid-19 relief measures for its customers across India which include Covid support to cover expenses in case of hospitalisation and home treatment expenses.
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National Cooperative Development Corporation secures INR 600 loan from Deustsche Bank
17-Apr-2021 - 0 Comments.
The National Cooperative Development Corporation (NCDC) has secured Euro 68.87 million (Rs 600 cr) loan from Deutsche Bank, Germany’s largest bank, for onward lending to cooperatives in the country.
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Escorts Agri Machinery tractor volumes touches 24,441 units for Q2
02-Nov-2020 - 0 Comments.
Escorts Agri Machinery tractor volumes for the second quarter ended 30 September 2020 (July to September) were up by 23.8 percent at 24,441 units in quarter ended September 2020 as against 19,750 units in the corresponding period last fiscal.
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Escorts' RNIL announces incubation of five agritech, other startups
16-Oct-2020 - 0 Comments.
Rajan Nanda Innovation Lab, an initiative of Escorts Ltd., has selected five start-ups in agritech, railtech, and infratech through its Inter-College Innovation Challenge IC square to fund, incubate & mentor.
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CCI approves the acquisition of Escorts Limited by Kubota & Kubota Agricultural Machinery India by Escorts
11-Jul-2020 - 0 Comments.
The Competition Commission of India (CCI) approves the acquisition (i) in Escorts Limited (Escorts) by Kubota Corporation (Kubota) and (ii) in Kubota Agricultural Machinery India Private Limited (KAI) by Escorts, under Section 31(1) of the Competition Act, 2002.
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Escorts Agri Machinery sale down, while VST Tillers records growth in May 2020
06-Jun-2020 - 0 Comments.
Escorts Ltd's Agri Machinery Segment (EAM) has announced that is tractors sale for the month of May 2020 has recorded a drop of 233 units at 6,594 tractors, as compared to 6,827 tractors sold in May 2019.
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Japanese firm Kubota Corporation acquires 10% stakes in Escorts Group
04-Apr-2020 - 0 Comments.
In order to create one of the largest Indo-Japan agriculture collaboration aligned to make In India, Kubota Corporation will acquire 10% equity stake, on a post capital reduction basis, in Escorts Group, India's second largest tractor manufacturer.
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Escorts sales fall 54% y-o-y in March
02-Apr-2020 - 0 Comments.
Sales of tractor maker Escorts (Q,N,C,F)* Ltd. fell 54.3 percent year-on-year to 5,228 units in March. That coompares with the 11,905 tractors that the company sold a year ago.
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Escorts and Manipal University to offer digital farming solutions
06-Jun-2019 - 0 Comments.
Escorts Ltd signed a Memorandum of Understanding (MoU) with Manipal University Jaipur,to work towards enhancing farming experience through digital solutions offered by an initiative of Escorts called the Digitrac mobile app.
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Escorts-Kubota JV to make tractors in Faridabad
13-Mar-2019 - 0 Comments.
Escorts and Kubota Corporation laid the foundation stone for Escorts Kubota India’s manufacturing plant on Escorts land in Faridabad. Marking the formal beginning of the project, the ceremony was attended by the management teams of both companies.
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Escorts unveils India's first autonomous concept tractor
11-Oct-2018 - 0 Comments.
Escorts Limited has taken another leaf in providing autonomous solutions in farming sector by launching India's first autonomous concept tractor in New Delhi recently.
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Escorts Agri Machinery's sales up 37% in September
06-Oct-2016 - 0 Comments.
India's one of the largest farm equipment manufacturers, Escorts Agri Machinery's has recorded a whopping 37.4 per cent increase in sales during September 2016.
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Escorts unveils 13 new tractors under its flagship brands
18-Jul-2016 - 0 Comments.
In order to strengthens its position in international arena, India’s leading engineering conglomerates , Escorts Group has launched 13 new tractors under flagship brands Farmtrac, Powertrac, and Euroline Series.
