Escorts Group

History & Milestones

A Legacy and Some Footprints

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.)