Enhancing Efficiency and Safety

Telehandlers have emerged as indispensable equipment in India’s burgeoning infrastructure and industrial sectors, offering versatility, efficiency, and safety in material handling operations.

Escorts Kubota CE sales jump 9% in March 23

Escorts Kubota Construction Equipment Business Division in March 2024 sold 662 machines registering a growth of 9.2 percent as against 606 machines sold in March 2023.

Escorts Kubota contemplates sale of railway equipment division

During 1Q, Escorts Kubota navigated a decline in tractor sales

Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr

Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.

Escorts Kubota Q2 standalone net profit at Rs 87.7 cr

Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.

Escorts Kubota Q1 profit at Rs 147.5 cr

Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.

Escorts Kubota Q1 profit at Rs 147.5 cr

Construction equipment volumes up by 59.4% at 966 units

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

Escorts is now Escorts Kubota

Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanisation and spreading farming prosperity.

$5.13 Bn Opportunity!

Growing at a CAGR of 9.4 per cent, the Indian backhoe loader market is likely to touch $5.13 billion from $1.77 billion in 2021.

Escorts Limited is now Escorts Kubota

Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanization and spreading farming prosperity.

Escorts launches India’s first Hybrid Pick-n-Carry Crane

Escorts Construction Equipment (ECE) launched NXT13DC CNG, India’s first Hybrid Pick-n-Carry Crane, with dual Fuel (Diesel & CNG) and RC2522, India’s first Mono Chassis Safe Crane with 25T lift capacity.

Escorts Q3 standalone profit up 14 per cent

Escorts reported standalone quarterly profit of Rs 201.5 crore in quarter ended December 2021 up by 14 per cent as against a profit of Rs 176.7 crore in sequential quarter and down by 28.2 per cent as against a profit of Rs 280.7 crore in the corresponding quarter.

CII Excon 2021 to aid India to become second largest CE market by 2030

The Confederation of Indian Industry (CII) has announced the 11th edition of Excon, South Asia’s largest construction equipment, and construction technology trade fair, which will take place at the Bangalore International Exhibition Centre (BIEC), Bengaluru from May 17-21, 2022.

CCI approves Kubota Corporation's acquisition of equity in Escorts

The Competition Commission of India (CCI), the fair-trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts Limited.

Towering up

Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.

CCI approves Kubota Corporation's acquisition of equity in Escorts

The Competition Commission of India (CCI), the fair trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Kubota increases its stake in Escorts

Escorts and Kubota, a global leader in tractor and machinery, have decided to strengthen their partnership in pursuit of their vision of global leadership in Agri Machinery.

Kubota increases its stake in Escorts

This partnership with Kubota will enable Escorts to have access to global best practices and state of the art research & development facilities.

Escorts announces strategic organisational changes

Escorts, an Indian firm manufacturing agricultural tractors and construction equipment, has announced a leadership transition, comprising the elevation of Bharat Madan as President Finance, Group Chief Financial Officer and Corporate Head.

Japan's Kubota may raise stake in Escorts

Japanese agriculture and heavy equipment firm Kubota Corp is in talks with the Nanda family - promoters of India's Escorts to increase its stake and eventually become a controlling shareholder in the tractor maker and engineering construction company, said people aware of the matter.

Escorts facilitates 37k+ Covid-19 vaccinations in Faridabad

Under its corporate social responsibility programme, Escorts, India’s leading engineering conglomerate, conducted over last 42 days free Covid-19 vaccination camps, inoculating over 37,000 residents in and around Faridabad district in Haryana.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

There is upsurge in demand for medium & high-capacity cranes”

The medium and heavy-duty mobile cranes market is progressing largely in India due to the growth in the construction industry of the country.

Mobile cranes with latest tech would be in good demand

The scenario in India is encouraging due to two reasons – first, the paradigm shift towards buying new cranes from importing used cranes; second, the increase in use of heavy duty mobile crane in construction, cement, steel, wind and power sectors.

Escorts facilitates 37k+ Covid-19 vaccinations in Faridabad

The initiative named “COWINNER” commenced on July 2 at QRG Health City, Faridabad and concluded on August 12, 2021.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

Escorts announces Covid relief measures for its employees

Escorts Ltd., India’s leading Engineering conglomerate, has adopted a series of measures to support employees amidst second wave of Covid-19 pandemic. These include both healthcare and financial aid for employees and their families in these difficult times.

Escorts Ltd. announces Covid-relief measures for its customers

In order to support the farming community amidst the second wave of Covid-19, Escorts Limited, India’s leading engineering conglomerate, announced Covid-19 relief measures for its customers across India which include Covid support to cover expenses in case of hospitalisation and home treatment expenses.

Escorts' standalone profit up by 80.0% to Rs 874.1 cr

Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.

EQUIPMENT INDIA Awards 2020 to be held online

In the prevailing pandemic conditions, The 8th Annual EQUIPMENT INDIA Awards will be held virtually on October 15, 2020

Pre-owned Equipment Market to Excel

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Used Equipment Market to Flourish

The post-COVID scenario seems to be working out good for used equipment as customers want to buy more pre-owned equipment in good quality, while organised players are seeing business growth and more OEMs are entering the business too.

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

Kubota to invest in Escorts, to deepen partnership

Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent equity stake in Escorts, a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership.

EQUIPMENT INDIA AWARDS 2019

The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.

Best debutant award

Ankit Goel, Chief-R&D, Escorts Construction Equipment (centre) receiving the award from Steve Jones, Senior Director, Industry Insights Research, Dodge Data & Analytics (right), in the presence of Pratap Padode, Founder and President, FIRST Construction Council (left).

Escorts Q2 profit up

Escorts reported a standalone profit of Rs 1.046 billion in quarter ended September 30, 2019, up by 1.8 per cent as against a profit of Rs 1.027 billion in the corresponding period last year.

Escorts showcases India's first Hybrid Concept Tractor

At Esclusive 2019, Escorts' annual innovation platform, the company announced India's first Hybrid Concept Tractor, powered by fuel and battery both.

Towering opportunities

Choosing a tower crane is increasingly about safety and productivity features, as customers seek to lift more with less power, upgrade to a higher capacity economically, and safely use multiple cranes at space-constrained project sites.

Backing Infra Growth

Escorts showcases India?s first Hybrid Concept Tractor

At Esclusive 2019, Escorts? annual innovation platform, the company announced India?s first Hybrid Concept Tractor, powered by fuel and battery both.

Escorts standalone profit up by 40.7%

Tractor sales at 96,412 units were up by 19.9 per cent as against 80,417 units in the previous fiscal.

Transforming Skill Landscape

Shortage of skilled operators has been a major challenge faced by the infrastructure and construction industry for the past many years.

Escorts to create new standards in customer service

Escorts announced the launch of a new innovative and disruptive feature called ?24X7 Care Button? on its entire range of Powertrac and Farmtrac tractors.

bauma CONEXPO INDIA 2018

The construction equipment expo - held in December 2018 in Delhi - scaled new heights even while participants expressed their apprehensions on the market scenario in 2019 owing to the upcoming elections.

Setting New Standards

Autonomous farming solutions from escorts

At its annual innovation platform, Esclusive 2018, Escorts announced its automated farming solutions with the launch of India's first automated concept tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming.

Escorts announces new ventures

In late August, Escorts announced plans to manufacture rough terrain (RT) and truck-mounted cranes in joint venture (JV) with Tadano Ltd.

Port of call

Cargo traffic at Indian ports is gradually growing. Containerisation and palletisation of cargo is on the rise, though there is still far more to go for us to have a sizeable share of containerised and palletised cargo in the global market.

Escorts launches Autonomous Farming Solutions

At its annual innovation platform, Esclusive 2018, Escorts Limited announced its Automated Farming Solutions with the launch of India?s first Automated Concept Tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming

Escorts-Tadano JV to manufacture RT cranes in India

Escorts Ltd, India?s leading engineering conglomerate, and Tadano Group, Japan?s biggest and world?s leading mobile crane manufacturer, announced their joint venture (JV) to manufacture rough terrain (RT) cranes and truck-mounted cranes.

Escorts appoints Nikhil Nanda as new CMD

The Board of Directors of Escorts Limited appointed Nikhil Nanda as the Chairman and Managing Director (CMD) of the company.

Escorts Chairman Rajan Nanda passes away

Chairman and Managing Director of Escorts Limited, Rajan Nanda, passed away on August 5, 2018 after a brief illness. He was 76 years.

Lifting up Expectations

Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.

New Tractor Series from Escorts

Escorts launched India's first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 international distributors.

Backhoe loaders:Leading the Growth

At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.

Backhoe Loaders: Back in Action

Backhoe loader is the front-runner among the infrastructure equipment used in the country with almost 50 per cent of the market share in number of unit.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

Escorts unveils new pick-n-carry crane at Excon 2017

Escorts Construction Equipment (ECE) launched India?s safest pick-n-carry crane (as the company claims), CT Smart 15, at the Excon 2017 in Bengaluru, along with best-in-class (performance, productivity and reliability) soil compactor 3212 in 12-tonne class and upgraded Hydra series pick and carry crane.

This year Excon is driven by optimism

Following a three-year slump in demand, the equipment industry started looking up from the early 2015. During the later part of that year, the market growth gathered momentum.

Escorts showcases new products at IREE 2017

Escorts has developed a series of new products to make rail travel safer and faster. The new products include anti-lift AARH couplers, axle-mounted disc brakes, brake disc for high-speed LHB coaches, locomotive brake electronics for both electric and diesel locomotives, high-end dampers for locomotives and LHB coaches besides air springs.

New Escorts Tractor Series

India's first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 global distributors.

Rolling ahead

Roads and highways is still going strong as the most happening infrastructure sector in India with many ongoing projects and many in the pipeline. India has the second largest road network across the world at 4.7 million km and is still growing.

Escorts unveils India?s first electric tractor concept

Escorts Ltd launched India?s first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 international distributors.

On A moderate growth

Pick-and-carry crane is a product that is unique to India. It has a rigid (as opposed to a revolving) superstructure, and is essentially a material handler that is used on a wide variety of light lifting tasks which in other countries would probably be done by an industrial crane or a telescopic handler.

Back on Growth Path

Given its versatility and mobility, backhoe loader finds great use at almost every construction site, both urban and rural India. This multi-purpose machine continues to perform a variety of tasks at sites and is used for digging, dosing, levelling and lifting activities.

Escorts inducts new Group HR Head

Escorts has appointed Amanppreet Singh Bhatia as the new Group HR Head. Amanppreet has more than 25 years of experience across commercial vehicle and engineering solutions, consumer durable and FMCG space. At Escorts, he will focus on organisational transformation and human resource strategic roadmap to build a strong employer brand.

Escorts launches RPL certification program

Escorts Skill Development, an associate company of Escorts Ltd, launched the Recognition of Prior Learning (RPL) certification program under the Ministry of Skill Development and Entrepreneurship at various locations in Delhi and Haryana.

Escorts launches RPL certification program

Escorts Skill Development, an associate company of Escorts Ltd, launched the Recognition of Prior Learning (RPL) certification program under the Ministry of Skill Development and Entrepreneurship at various locations in Delhi and Haryana.

New Escorts Backhoe Loader - JUNGLI

Benjamin Disraeli, once famously said, ?the secret to success is constancy of purpose?. This, in one line, sums up the spirit of our business. Be it pick-n-carry cranes, vibratory compactors or backhoe loaders, Escorts has, from time to time, introduced path breaking products/technology.

Escorts appoints new CEO,CE Business

Escorts Ltd announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

Escorts appoints Ajay Mandahr as CEO of CE business

Escorts Ltd announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

Escorts Ltd divests auto products business

Escorts Ltd announced the divestment of its OEM and export business of auto product division to Badve Engineering Ltd

Backhoe Loaders Get a Rural Boost

Gone were the days when the backhoe loader market was exploding in all facets of India?s infrastructure development. All recognised suppliers were registering negative to flat trajectory growth since FY 2011.

Another High in Safe Cranes

We are confident of Escorts F20 being the star crane of 2016, writes Rajinder Raina.Escorts? commitment to providing matching solutions in the cranes market is its mantra for leadership.

Pick-n-Carry Hydra: Bestseller

As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India

CE Hydraulic Cylinders - Bright Future Ahead

On ground demand of construction equipment (CE) spurs the requirement of hydraulic cylinders for various essential applications by the OEMs. EQUIPMENT INDIA zeroes in on this segment to develop granular market insights.

We dont generally procure used equipment

We call for quotes from different companies and based on technical evaluation by our mechanical section, we do recommend for which type of equipment we should go for. This is based on 3-4 major factors: after sales service, performance parameters available in the market and pricing.

Sour CE Issue

Essentially, CE selection and procurement is a complex metrics-based decision making activity that requires active involvement of the concerned stakeholders of an organisation.

We will continue to contribute to the infra developments of India

The construction equipment industry is the only one in the country which has witnessed a continuous decline for the last five years. We are still witnessing a marginal decline in the first half of this financial year.

?Over the last 20 years, we have developed an impressive customer base.?

Helekar?s is a consultancy organising training programs on Defensive Driving for various categories of drivers. In last 20 years it has conducted more than 8,500 programmes all over India and trained more than 1,47,000 Personnels.

Most Popular Hydra Cranes

The market preference for Hydra cranes is tending towards eight-tyre based, front operator cabin and boom mounted wheel operated steer, Hydraulic mobile cranes. The pros and cons of this emerging trend are presented by Equipment India.

backhoe loaders:flat Growth

Backhoe loaders are passing through a challenging time for the past few years. Market is registering a flat growth with some indications that it is shrinking.However, now there is optimism among the leading players in the backhoe industry

Farmtrac showroom opened in Cambodia

Escorts along with Tata International, its Cambodian business partners for tractors, launched their exclusive Farmtrac showroom in Kampong Thom Province, Cambodia.

We want to be the top 20 dealership in the world by 2020

TVS dealership business has a charter, instead of being a dealer at one site or one location. We have been a strategic partner to the automobile and equipment manufacturers, in addressing a region?s needs and therefore enable a high market share to them and also ensure a higher customer satisfaction

This year we expect to sell about 300 machines

We have been associated with Escorts for the past 25 years, starting with Escorts cranes representing them in Tamil Nadu and Kerala. Later we expanded our business to backhoe loaders, forklifts and road compactors. Now we deal in the full range of Escorts construction equipment in these two states.

Uplifting Future

Advanced material handling and warehousing equipment have a vital role that can help speed up the efficiency of logistics industry. More focus on palletisation and the opening up of retail segment

Intelligent Compaction

Performance and productivity remain key issues for compactor manufacturers, with firms keen to enhance output from their latest units. EQUIPMENT INDIA takes a peek into the features major OEMs have built in, in terms of improving machine

Rolling On and On

The used roller market is expected for a demand pick up that structures itself majorly on a kickstart to the road construction projects, writes Samir Malhotra. The Indian used construction equipment market is largely populated

Towering the Demand Curve

What lifting capacity range of TCs will dominate the demand for free standing, external and internal climbing configurations? Say Malik ?The 5-6T capacity TCs will remain as the most dominate category.

BHL Market to Grow

It?s a fact that the backhoe market has been reduced to one-third of the actual market size, and currently, supply is more compared to demand, and the industry is not very hopeful for a turnaround, especially in this financial year.

Engineering design is a must for ?Make in India? campaign

Financial year 2015-16 is expected to give a growth of about 15 per cent over the previous year. Infrastructure is going to be the major growth driver which in turn will set other wheels into motion.

Make in India

Prime Minister Narendra Modi has launched an ambitious campaign ?Make in India?, which aims to turn the country into a global manufacturing hub. The campaign projects India as an investment destination and develop, promote and market India as a leading manufacturing destination and as a hub for design and information.

Towering Tall

The real estate and power sectors will show a tremendous growth in the next 2-3 years. As per projections, the tower crane requirement will increase to 30-40 per cent in these two years. Current demand growth for tower cranes is mostly from realty sector.

The cranes need to be operator-friendly

Escorts has the exclusive distribution agreement for entire India with Comansa of Spain. Comansa being a pioneer in the field of flat-top cranes called topless cranes offer in the range 6T-64T.

The Customer is King!

The takeaway was simple. Every Equipment India (EI) Award winner had one person to thank above all: the customer. Dedicating the Equipment India Person of the Year award to over 1,500 employees, over 8,000 customers,

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.

DesignED to Rule