Filter announcements
Loading...
Escorts Ltd. is one of India’s leading engineering conglomerates engaged in the manufacturing of Agri-machinery, Construction & Material Handling Equipment and Railway Equipment.
Escorts Kubota's ESG rating from NSE Sustainability for FY26 is 68 (Aspiring), down from 69 in FY25. This independent assessment highlights a minor shift in its environmental, social, and governance profile.
Escorts Kubota launched Farmtrac's 30th-anniversary models: the 6055 Classic 'Dark Edition' (55 HP) and PROMAXX 2.0 range (47-50 HP). These new tractors aim to strengthen market position by offering advanced features and high-torque options, catering to modern farming demands.
Escorts Kubota broke ground on a new 154-acre plant in Uttar Pradesh, investing over ₹2,000 Cr. This multi-phase project aims to significantly expand manufacturing capacity for tractors, construction equipment, and engines, targeting domestic and global markets. Phase 1 adds 60,000 tractors and 15,000 construction units annually.
Escorts Kubota received a tax order confirming a ₹8.26 Cr service tax demand and a ₹8.26 Cr penalty, totaling ₹16.52 Cr, for past tax issues. A ₹1.56 Cr demand was dropped. The company will appeal, indicating a potential financial hit.
Escorts Kubota launched new 45HP & 50HP Kubota MU-series tractors, enhancing its premium offering in a key segment. An industry-first 8-year transferable warranty aims to boost resale value and farmer earning potential.