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On the growth track!

By Niranjan Mudholkar,

Added 14 July 2016

Escorts Railway Products (India) has a clear roadmap of growth for its 2020 plans, says its CEO, Dipankar Ghosh

Currently, how does your order book look and what kind of projects are you executing?
Currently, I can say we are in a very comfortable position in terms of order booking, 2-3 years back we had a very low order backlog and due to that we faced many challenges in achieving our targets, but with our constant and effective monitoring of
tenders and a focussed pricing strategy besides the operational excellence we could built in ,we have now been able to build up an order backlog position of almost around Rs100 crore in a quarter which is a pretty good run rate for the current year, we are now focusing to take it up further. I am confident that, it will go up in coming quarters as and when we will have more products lined up and also will sign more long term contract thereby making our business more secured.

You have been at the helm for about three and half years now. How's been the journey for you so far? How have you leveraged on your experience with the Railways?
I would say it has been a very engaging and exciting journey so far where now we are challenging the best of the Railway MNCs in their product domain and winning consistently. I remember when I joined the Indian Railways as a young All India Service Officer way back in the 90s , I used to be awestruck with the technical knowledge and product design capability of these same MNCs but today with the Escorts platform we are winning and creating value for the country against these same MNCs.


With our strong in house R&D and our global Technology collaborations we are confident to offer products which are superior, with more features and as are per the latest International safety and operational standards compared to the present available products in the markets from these MNCs and at a lesser price.


My experience with Railways has been a definite help as most of the senior management of Indian railways and also many Metro Authorities and Railway Production units has been either my colleagues or my seniors. This has helped
me to easily connect with the prospective customer and understand their issues and problems and offer them a realistic and effective solution. With all these positive vibes from our customer and our continuous, deliberate attempt to push our technology domain barriers, and an effort to create a world class tech ecosystem we are becoming hungrier and becoming more confident to mine a new future in line with inherent entrepreneurial spirit of Escorts.

END