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Charts & Analysis

Escorts Exports 108 units, Overall Sales Growth At 2.1%

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Escorts reported sales of 4,806 units in November, 2016 against 4,706 units during the same time last year resulting in a growth of 2.1%.
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  • Domestic Sales stood at 4,698 units against 4,691 units
  • Exports witnessed a jump of over 600% as the company exported 108 units against 15 units last year.

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Part of the Escorts Group with presence in high growth sectors such as Agri Machinery, Material Handling & Construction Equipment, Railway Equipment and Auto Components. (Latest Investor Presentation)
Escorts launched a new range of FT 6080 Pro and FT 6090 Pro Farmtrac tractors in 80 & 90 HP category simultaneously in Italy and Mexico at EIMA, International Exposition of Machinery for Agriculture and Gardening, Bologna, and at Expo Agroalimentaria Guanajuato, Irapuato, respectively.
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Speaking on the new launch, Ravi Menon, Chief Executive Officer, Escorts Agri Machinery said,
Escorts Ltd has always aimed at providing farmers with advanced agricultural equipment, which have the best value for money. With our new Global Transformation Vision 2020, we wish to change the way farmers globally, perceive farming, by producing tractors with value-proposition of fuel efficiency and cost-effectiveness.
Rajiv Wahi, Head – International Business, Escorts Agri Machinery said,
Our new range of Farmtrac tractors are positioned to fill the often perceived market gap in the category. We have also strengthened our global networks to effectively cater to farmer demands in newer geographies. Our Farmtrac has been well recognized as an international brand and we are proud to take India’s technological excellence to the world.
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