History & Milestones

A Legacy and Some Footprints

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History & Milestones

History. Heritage. Hurrahs.

From a small agency house in 1944 to one of the largest engineering conglomerates in India, the saga of our ascent is entwined in the evolving dynamics of India’s economic progress. In a journey of seven pioneering decades, we have reshaped, redefined and reinvented, the way India lives, works and travels.

Valued relationships with technology leaders of the world, relentless stress on innovation and modernization, and sustained adherence to best–in-class manufacturing practices, have seen us emerge as a technologically-evolved engineering organization, at par with the finest in the world.

2022

Awards & Achievements

Escorts Limited & Kubota Corporation reinforce their long-standing partnership.

Kubota increases its stake in Escorts Limited, with this Kubota corporation becomes a joint promoter along with existing promoter of Escorts.
2021

Awards & Achievements

Launched the premium Whiteline series in ECE segment

Developed a state-of-the-art brake system indigenously for RED

Escorts is the first company in India to receive Budni Certification for its electric tractors

Kubota tractor production commencement in 2021
2020

Awards & Achievements

Deepened partnership with Kubota, where the Japanese tractor and heavy equipment manufacturer picked up a 10% equity stake (post capital reduction) in Escorts, while Escorts acquired a 40% stake in Kubota’s India business

Set up the Rajan Nanda Innovation Lab (RNIL) to incubate new, promising and disruptive business ideas

Launched India’s first hybrid tractor concept, hybrid backhoe loader concept and multi-utility rural transport vehicle concept

Working to launch BS IV (Bharat Stage IVcompliant tractors by 2021)
2019

Awards & Achievements

Introduced India’s first autonomous tractor concept

Collaborated with Kubota to develop value-oriented tractors that cater to farming requirements in India and overseas markets

Entered a JV with Tadano to produce specialised cranes that address high-capacity use cases

Tied up with seven technology leaders: Microsoft, Reliance Jio, Trimble, Samvardhana Motherson Group, WABCO, Bosch and AVL
2018

Awards & Achievements

Announced the Vision 2022 roadmap to align the transformational growth strategy for all three businesses

Partnered with Doosan for an exclusive distribution agreement in India
2017

Awards & Achievements

Launched India’s first electric tractor concept, Farmtrac 26E, as part of the New Escorts Tractor Series (NETS), at Agritechnica, Germany

Received prestigious IRIS Certification for design, development and manufacture of railway components
2016

Awards & Achievements

Launches Farmtrac 6090 – a global Tractor made in India

Introduces Jungli – the high-power backhoe loader with brute force for tough operations

Sets up Escorts Skill Development Centre to develop technical skills and make people more employable
2015

Awards & Achievements

Launches Anti-Lift Tractor – India’s first lift-resistant tractors for commercial haulage operations

Enters into Joint Venture with Amul Group for manufacturing of speciality tractors, Steeltrac

Partners with Cognizant Technology Solutions to digitally transform businesses and deliver superior customer experience
2014

Awards & Achievements

Launches Farmtrac 4X4, introducing high end car technology for Indian tractors
2013

Awards & Achievements

Launches Ferrari tractors – the world’s best in specialty tractors – in collaboration with the Italian tractor brand
2012

Awards & Achievements

Develops most fuel efficient tractors Powertrac 425.

Indigenously develops Bogie Mounted Brake Systems for Indian Railways
2011

Awards & Achievements

Launches India’s first inverter tractor FT45
2010

Awards & Achievements

Becomes the first Indian company to indigenously design Backhoe Loaders
2006

Awards & Achievements

Sets up new manufacturing facility at Rudrapur, Uttarakhand
1991

Awards & Achievements

Shares listed at NSE & BSE
1977

Awards & Achievements

Enters the world of selfdeveloped technology and establishes independent R & D centre
1974

Awards & Achievements

Crosses the national boundary and starts exporting tractors for the first time
1971

Awards & Achievements

Starts producing construction equipment and introduces the concept of Pick n Carry cranes
1969

Awards & Achievements

Enters into a joint venture with global giant Ford Motor Company for producing Ford tractors

Establishes Training and Development Centre at Bangalore
1966

Awards & Achievements

Pioneers manufacturing of automotive shock absorbers in India
1962

Awards & Achievements

Initiates manufacturing of shock absorbers for passenger coaches with Boge, Germany
1961

Awards & Achievements

Commences manufacturing of its own brand of tractors in collaboration with URSUS of Poland

Moves into high gear by nurturing the two wheeler culture with production of Rajdoot motorcycles
1954

Awards & Achievements

Takes up franchise of Massey Ferguson tractors for northern India
1949

Awards & Achievements

Starts its first industrial venture Goetze (India Ltd.) in collaboration with Goetze Werk of Germany
1948

Awards & Achievements

Visionaries Mr. Yudi Nanda & Mr. HP Nanda launch Escorts (Agri Machinery Ltd.)

History. Heritage. Hurrahs.

Vision & Values

Training & Development Centre

Awards & Achievements

History & Milestones