Escorts wins US $ 40million order

15
Vote

Escorts Limited, India’s leading tractor manufacturer, today set a new benchmark by winning Indian tractor industry’s largest ever order for tractors.

valued at US $ 40 million (about Rs. 185 Cr) the prestigious order has been awarded to Escorts by the Government of the United Republic of Tanzania.

Escorts has been chosen to supply 1430 units of its premium range of powerful Farmtrac tractors to Tanzania which is implementing a national “Food Sufficiency Programs” aimed at making it a Food surplus country.

Against global average of 19.7tractors per 1000 hectare of land, Tanzania is estimated to have about 2 tractors per 1000 hectare of land. The tractors are being procured by Tanzania to impart a major thrust to farm mechanization and enhance agricultural productivity.

Mr. Rajan Nanda, Chairman, Escorts Limited said, “We strongly believe that farm mechanization holds the key to greater food security.

Escorts powered the green revolution in India and we are privileged to support the national efforts to usher in the green revolution in Tanzania.

With world class market mapped tractors and strong engineering capabilities, Escorts is well positioned to catalyse farm productivity in the Africa. Escorts has an ambitious immediate plan to open two offices in the African continent and set up a service and upkeep infrastructure in Africa.”

“It is also a matter of great pride for Escorts to win the largest ever order for tractors in Indian industry. We already have over 1000 tractors in African markets.

Our satisfied customers in Tanzania and the global quality of Framtrac tractors have helped Escorts win this very prestigious order,” Mr. Nanda further said.

Escorts will commence the supply of tractors in July. Escorts will supply the tractors in SKD (semi knocked down) form and assist the Government organizations in Tanzania to assemble these tractors into CBU (completely built-up units).

Escorts’ Farmtrac range comprises from 34HP to 75 HP and has powerful features that provide maximum productivity and efficiency to the farmers.

News Source

Related Posts

Leave a Reply

 
We will keep You Updated...
Get Free Email Newsletter from VoteUpIndia Sign up for our free email newsletter. (Help?)
Read latest headlines in your favorite news reader
Follow VoteUpIndia  on Twitter Become a VoteUpIndia Fan on Facebook Subscribe to VoteUpIndia in Google Reader Add VoteUpIndia  to My Yahoo Add VoteUpIndia  to Netvibes Subscribe to Free Techie Buzz RSS Feed
Sponsors
Join Now !
Sponsors
Featured Video
Recent Posts

Abhishek will take time to recover: Big B

September 14, 2011, (Sawf News) - Abhishek Bachchan sustained minor injuries - a small cut above the...

Imran Khan files suit against drinking age

Actor Imran Khan Wednesday filed a public suit in the Mumbai High Court against raising the age limit...

Rakhi eyes Baba’s virginity!

Mumbai: The tale of baba and the babe seems to be getting spicier by the day. Impolite it may appear...

RA.One will make Rs 200 crore: Kareena

Bodyguard smashed many records, netting Rs 21.50 crore across India on its opening day, streaking way...

MF Husain wanted to die in India: Ganesh Pyne

MF Husain had a strong desire to live his last days in India, says noted painter Ganesh Pyne who met...
Recent Comments
whoah this blog is fantastic i love reading your posts. Keep up the good work! You know, a lot of people are hunting around for this
thanks alot dear...keep it up
Try to post good n interesting news ..... v dnt published any spam !!
i am submiting your site link plz post my site link
nice cars, thanks for photo and video...
Tag Cloud