The way ahead
Nanda is quite upbeat about the ‘Make in India' initiative. "We are all for ‘Make in India'. Escorts' founder, Mr. HP Nanda was relentlessly committed to ‘bringing the world's best to India and taking India's best to the world'. As an engineering company, we have been pioneers in introducing global technology to Indian markets. Having learnt from some of the world's most respected companies, we have indigenously developed products that have matched up to global standards," he shares.

Nanda very well understands that for ‘Make in India' to truly succeed, it will have to be inclusive growth. He knows that in a decade or two, India is going to become one of the largest contributors to the world economy. Indian companies that are contributing to mass domestic requirement and pioneering this growth will undoubtedly become truly global companies in the future.

"To capitalise on this impending growth, Escorts is sharpening its products and technology to ensure that we are investing in our future, not just in the Indian markets, but also for global markets. We have ambitious global programs and by the end of this decade, we will attempt to achieve a substantial share of our top line through retail and institutional presence in international markets, and perhaps M&As in the future. We will also be looking at tie-ups where Escorts could become a technology provider to companies and countries, which will further strengthen our presence in our areas of expertise globally," he explains.

END