Escorts Limited Divests From Auto Products Business
Highlights
- Escorts Limited announced disinvestment from the Auto product business
- The business will now be handled by Badve Engineering
- The company has its manufacturing plant in Faridabad
The auto products business comprises of products like shock absorbers, telescopic front forks, McPherson struts, steering components and special dampers. The company provides these parts to OEMs and the replacement market in India and overseas and cover motorcycles, scooters, passenger cars, commercial vehicles, and multi-utility vehicles.
The company has its manufacturing plant in Faridabad which is spread across in an area of 225,500 sq.ft., and has the capacity to produce 3.2 million shock absorbers and struts and 0.3 million front forks per annum. The plant features an assembly line, sealing plant, component cleaning, powder coating plant, grinding lines, spot welding, seam welding machine and robo welding systems
Dipankar Ghosh, CEO, Escorts Auto Products & Escorts Railways Products said, "We believe that the transfer of OEM and Export business to Badve Engineering Ltd will help us to focus on our core areas. We are delighted that Badve Engineering Ltd has stepped in to take the business forward."
Great Deals on Used Cars
View All Used Cars- 19,000 km
- Diesel
- Automatic
- 9,661 km
- Hybrid
- Automatic
- 25,000 km
- Petrol
- Manual
- 11,570 km
- Diesel
- Manual
- 13,915 km
- Diesel
- Automatic
- 18,809 km
- Petrol
- Automatic
- 55,000 km
- Petrol+CNG
- Manual
- 6,862 km
- Diesel
- Automatic
- 7,000 km
- Petrol
- Automatic
- 27,200 km
- Petrol
- Manual
Upcoming Cars
Upcoming Bikes
Explore More
Latest News
Related Articles
Trending Vehicles In India
- Home
- News
- Auto Industry
- Escorts Limited Divests From Auto Products Business