Get In Touch
Dec2024 104x80.jpg
Current Issue
section
logo

Achieving impossible growth!

By Niranjan Mudholkar,

Added 22 January 2016

Escorts Limited is sharpening its products and business strategies to grow like never before, and not just in India but also across global markets, says Nikhil Nanda, the Company’s Managing Director

India's growth story and Escorts
Despite the difficult global economic conditions, India remains poised for excellent growth given its demographic, democratic and domestic advantages. And the ‘India Growth Story' ranges from roads & highways to seaports & airports, from agriculture progress and creating industrial corridors to from building and running cars and trains. Nanda couldn't have asked for better conditions given the fact that Escorts manufactures many products relevant for this growth story.

"Since inception, Escorts' evolution has reflected serving the priorities of the country by leveraging our engineering prowess and innovation to address some of the core building blocks of the nation - ‘better food & prosperity' through our agriculture business; ‘better & safe infrastructure' through our construction business; and ‘better technology-driven personal mobility' through our auto and railway businesses. All our products have been developed with the intention of enhancing the life quality of consumers, communities, and the society at large. Being deeply engaged in India's socio-economic progress, our focus on ‘Engineering the fundamentals of growth' depicts the core of our existence," he explains without hiding his emotions.

Escorts has, over the years, augmented its capabilities to address national and global priorities both on the economic and resources front - including low agricultural yields, outdated farm practices, infrastructural deficit and employment generation. "At Escorts, it is finding a solution to these challenges that drives us every single day. All our people are devoted to realise the potential of an India that is resurgent, forward-looking and truly committed to an inclusive growth philosophy," Nanda adds.

(Continued on the next page)