Escorts Kubota’s Construction Equipment Business Division in July 2024 has sold 450 machines as against 465 machines sold in July 2023, i.e. down by 3.2%.
Due to a good monsoon season that is likely to end with an above average rainfall, construction activities on the ground are currently progressing slowly. However, with increasing government investments, the construction equipment sector is anticipated to do well. The company expects growth momentum to improve in the construction equipment industry in the later part of the year, post monsoon.
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.
