LOGO HISTORY The genesis of Escorts goes back

LOGO

HISTORY The genesis of Escorts goes back to 1944 when two brothers, Mr. H. P. Nanda and Mr. Yudi Nanda, launched a small agency house, Escorts Agents Ltd. in Lahore. Over the years, Escorts has surged ahead and evolved into one of India's largest conglomerates. In this journey of six decades, Escorts had the privilege of being associated with some of the world leaders in the engineering manufacturing space like Minneapolis Moline, Massey Ferguson, Goetze, Mahle, URSUS, CEKOP, Ford Motor Company, J C Bamford Excavators, Yamaha, Claas, Carraro, Lucky Goldstar, First Pacific Company, Hughes Communications, Jeumont Schneider, Dynapac. These valued relationships be it technological or marketing, are our highly cherished experiences treasures, which have helped us inculcate best in class manufacturing practices and to emerge as a technologically independent world class engineering organization.

POWERTRAC& FARMTRAC Powertrac series from Escorts Ltd. has been engineered with the use of the most modern technology to redefine power and performance. The series has a wide range of tractors with powerful engines and pollution norms. Powertrac series comprises of tractors with transmission choices, powerful PTO, advance hydraulics and ergonomic design besides other salient features

BACKGROUND In 1960, Escorts set up the strategic Agri Machinery Group (AMG) to venture into tractors. In 1965, we rolled out our first batch of tractors under the brand name of Escort. In 1969 a separate company, Escorts Tractors Ltd. , was established with equity participation of Ford Motor Co. , Basildon, UK for the manufacture of Ford agricultural tractors in India. In the year 1996 Escorts Tractors Ltd. formally merged with the parent company, Escorts Ltd. Sinception, we have manufactured over 1 million tractors.

GROUP The Escorts Group, is among India's leading engineering conglomerates operating in the high growth sectors of agrimachinery, construction & material handling equipment, railway equipment and auto components. Having pioneered farm mechanization in the country, Escorts has played a pivotal role in the agricultural growth of India for over five decades. One of the leading tractor manufacturers of the country, Escorts offers a comprehensive range of tractors, more than 45 variants starting from 25 to 80 HP. Escort, Farmtrac and Powertrac are the widely accepted and preferred brands of tractors from the house of Escorts. A leading material handling and construction equipment manufacturer, we manufacture and market a diverse range of equipment like cranes, loaders, vibratory rollers and forklifts. Escorts today is the world's largest Pick 'n' Carry Hydraulic Mobile Crane manufacturer.

LAUNCH OF ESCORTS 1944 - Launch of Escorts (Agents) Ltd. 1948 - Pioneered farm mechanization in the country by launching Escorts Agricultural Machines Limited, with a franchise from the U. S. based Minneapolis Moline, for marketing tractors, implements, engines & other farm equipment. Launch of Escorts (Agriculture and Machines) Ltd. 1949 - 1951 - 1953 -Escorts Franchise Escorts of established (Agents) Massey India’s Ltd. and first Escorts Ferguson private tractors Institute (Agriculture of Farm for northern Mechanisation India at Delhi. and Machines) Ltd. merged to Escorts Agents Pvt. form Ltd. 1954 - 1 st industrial venture of Escorts to manufacture piston rings in collaboration with Goetze of Germany, in an era when joint ventures of Indian firms with foreign companies were virtually unheard of. 1958 - Started importing Massey Ferguson tractors from Yugoslavia for marketing the same in India. 1959 - Collaboration with Mahle of Germany to manufacture pistons. Soon, Escorts became the largest producer of piston assemblies in India. 1960 - Set up of Escorts Limited 1961 - Setting up of manufacturing base at Faridabad for manufacture of tractors in collaboration with URSUS of Poland 50% indigenous components. Launch of Escort brand of tractors. Collaboration with CEKOP of Poland for manufacture of motorcycles anscooters. Escorts moves into high gear by nurturing the two wheeler culture. The first Rajdoot motorcycle rolls off the assembly line.

1969 - Escorts Tractors Limited was born. A technical and financial joint venture with the global giant Ford Motor Company, USA, Ford tractors in India. The years ahead saw Escorts grow as the largest tractor manufacturer in India. Escorts Institute of Farm Mechanisation (EIFM) established at Bangalore. Escorts Employees Ancillaries Ltd. (EEAL), a unique venture in industrial democracy comes into being. 1971 - 1 st February, the first tractor FORD 3000 rolled out of the factory. Escorts diversifies and starts manufacturing construction equipment. 1974 - Crossing national boundaries, Escorts exports for the first time. After winning a global tender, 400 tractors were exported to Afghanistan, which was perhaps the world's largest ever airlift of tractors. 1976 - FORD 3600, an advancement in Farm Mechanisation launched. Trial production of in-plant manufacturing of engine parts (Block & Head). 1977 - Escorts enters the world of self-developed technology by setting up its first independent R&D Center. Escorts Scientific Research Centre marked its beginning at Faridabad by developing its own Engines for E-27 and E-37. Due to constant technology absorption, indigenisation level touched 72% for FORD tractors. 2 nd plant at Bangalore for manufacturing piston assemblies was set up. 1979 - Collaboration with JCB Excavators Ltd. , UK for manufacture of excavators. 1980 - Foray into healthcare, Escorts Hospital and Research Center set up in Faridabad.

BOARD OF DIRECTORS Mr. Rajan Nanda Chairman Mr. Nikhil Nanda Joint Managing Director Mr. Rohtash Mal ED & CEO – Agri Machinery Group Mr. Kanwal Kishore Vij ED & CEO – Escorts Construction Equipment Limited (ECEL) Mr. Vikram Singhal ED & Business Head – Engineering Division Mr. G. B. Mathur EVP – Law & Company Secretary Mr. O K Balraj EVP & Group CFO Mr. Ishan Mehta EVP – HR & ER