Escorts plans expansion programme

Escorts Ltd is planning to expand an expansion programme at its machining division through its joint venture partner Kubota Corp of Japan. The company will be investing ₹ 250 crore on capital expansion and new product development. It plans to set up a new production facility with a capacity of 50,000 units.

The company is producing premium segment tractors and agricultural equipment which exists a potential for export markets too. The JV between Escorts and Kubota of 40:60 will involve producing premium tractors.

Project LocationFaridabad,Haryana
Project Cost (in million)₹2,500
Project Capacity50000 units/year
Project StatusPlanning
Commissioning Date

Company Profile : Escorts Ltd

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