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Escorts Kubota’s Construction Equipment Segment sales records 2.5% fall in September 2022

01 Oct 2022 Evaluate

Escorts Kubota’s Construction Equipment Segment (ECE) in September 2022 sold 390 machines as against 400 machines sold in September 2021, i.e. down by 2.5%. With increasing flow of Government investments for nations development, the demand for construction equipment is likely to be good. The company expects in second half of this fiscal, construction equipment business will continue to grow at mid-teens level and is poised to play an important role in propelling the country’s overall growth and development.

Escorts Kubota 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.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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