Tuesday, March 27, 2012: 04:14:54 PM

TJCD Company Review

Innovating for a better tomorrow - Escorts Construction Equipment Ltd

The company introduced the Pick n Carry Hydraulic Cranes Mobile Cranes in 1971 and still continues to be the leader in the domain

Established in 1971, Escorts Construction Equipment Ltd is a trusted name in the construction and earthmoving equipment industry. Over the last four decades, the company has remained committed to provide world class construction machines to clients and that too within the stipulated timeframe.

 
The company introduced the Pick n Carry Hydraulic Cranes Mobile Cranes in 1971 and still continues to be the leader in the domain. It also pioneered the concept of Backhoe Loaders in late 1970s and played a significant role in ushering a revolution in the construction equipment industry in 1990s. The company’s technically superior construction machines have helped it gain orders from prominent domestic and foreign clients.
 
Innovation through R&D, customised solutions, stringent quality measures leading to world class products and delivery on time have helped the company gain an edge over its competitors.
 
The company’s mission is to become a leader in the construction, earthmoving and material handling industry by providing innovative and value-added engineered solutions.
 
Location & Reach
 
The company is headquartered in Faridabad, Haryana and has business centres in all major cities across India. In addition, the company boasts of a robust dealer network in the construction equipment industry, which is spread over 110 strategic locations across the country.
 
Line of Business
 
The company is engaged in manufacturing and supplying of quality construction and earthmoving equipment.
 
Strengths
 
The primary strengths of the company are its state-of-the-art manufacturing facility at Ballabhgarh in Faridabad and R&D department. The manufacturing facility is equipped with inbuilt hi-tech technology and houses all the modern facilities under one roof, thereby helping the company to successfully cater to the varied requirements of its customers.
 
The company’s R&D department contributes significantly in its continuous innovation, which leads to steady growth. The department conducts extensive market research and focuses on developing new techniques to improve the quality of company’s products and reduce production time-frame. Consistent R&D at Escorts Construction Equipment Ltd has led to development of innovative, superior construction equipment.
 
Apart from this, the company’s stringent quality control measures — starting from the stage of procuring raw material to the final dispatch of manufactured products to clients — has helped it become a trustworthy player in the industry. The quality testing laboratory helps increasing the standards of excellence.
 
Finally, it is the qualified and dedicated workforce at Escorts Construction Equipment Ltd that efficiently executes the production process and drives the growth story.
 
Awards
 
Escorts Construction Equipment Ltd has received awards in two categories at 5th Construction World in 2007. It won awards as the ‘Second Fastest Growing Construction Equipment Company’ and the ‘Third Largest Construction Equipment Company’.
 
Products
 
The products can be classified under the following three categories:
 
Material Handling Equipment
 
  • Pick and Carry Cranes
  • Slew Cranes
  • Crawler Cranes
  • Truck Cranes
  • Forklift Trucks
  • Front End Loaders
  • Telehandlers
 
Compaction Equipment
 
  • Tandem vibratory roller
  • Vibratory soil compactors
 
Earthmoving equipment
 
  • Backhoe loaders
  • Wheel loaders
  • Motor graders
 
Shareholding Pattern
 
Escorts Construction Equipment Ltd is a public limited firm.
 
Management
 
Rajan Nanda is the CMD of Escorts Construction Equipment Ltd.
 
Turnover
 
Not disclosed
 
Profitability
 
Not disclosed
 

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