Escorts transfers leasehold rights of Pant Nagar plant
1st Sep 2021

Escorts has transferred its leasehold rights at its Manufacturing Plant at Pant Nagar, Uttarakhand along with the buildings constructed thereon and idle plant & machinery, as part of its endeavour to monetize unutilized / underutilized assets and free up its capital resources for more productive utilization elsewhere for business growth. The company stays committed to its plans, and business continues to offer good growth potential.

Escorts is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment.