Escorts Kubota contemplates sale of railway equipment division

31 Aug 2023 CW Team

The report outlines ongoing discussions between Escorts Kubota and potential investors regarding the prospective sale. However, specific investors have not been disclosed, and neither has an estimated valuation for the potential transaction. Escorts Kubota responded to the speculative news by informing CNBC-TV18 that no final decisions have been reached.

The railway equipment unit in question specialises in the production of diverse components, including brake systems, couplers, suspension systems, friction materials, and rubber products. In the fiscal year 2023, this division contributed 10% to Escorts Kubota's total revenue, demonstrating an impressive year-on-year growth of 32%.

The company's primary business focus centres around the manufacturing of agricultural machinery, prominently tractors. These agricultural products constituted 75% of the company's total revenue in the previous fiscal year, with the remaining revenue sourced from the construction equipment sector.

During the April-June quarter, Escorts Kubota navigated a decline in tractor sales due to irregular monsoon patterns by leveraging sales from its construction and railway equipment segments. This adaptive strategy underscores the company's versatility.

Nikhil Nanda, Chairman and Managing Director of Escorts Kubota, previously noted that the growth trajectory of the railway equipment business remains stable due to the escalating demand for rail transportation both domestically and internationally. This suggests a rationale behind the company's inclination to maintain a foothold in this sector.

As Escorts Kubota deliberates on the potential sale of its railway equipment division, industry observers await further developments to discern the strategic direction the company will ultimately take.

In a strategic move to sharpen its focus on its primary tractor business, Escorts Kubota is evaluating the possibility of divesting its railway equipment segment, according to sources familiar with the matter as reported by CNBC-TV18.The report outlines ongoing discussions between Escorts Kubota and potential investors regarding the prospective sale. However, specific investors have not been disclosed, and neither has an estimated valuation for the potential transaction. Escorts Kubota responded to the speculative news by informing CNBC-TV18 that no final decisions have been reached.The railway equipment unit in question specialises in the production of diverse components, including brake systems, couplers, suspension systems, friction materials, and rubber products. In the fiscal year 2023, this division contributed 10% to Escorts Kubota's total revenue, demonstrating an impressive year-on-year growth of 32%.The company's primary business focus centres around the manufacturing of agricultural machinery, prominently tractors. These agricultural products constituted 75% of the company's total revenue in the previous fiscal year, with the remaining revenue sourced from the construction equipment sector.During the April-June quarter, Escorts Kubota navigated a decline in tractor sales due to irregular monsoon patterns by leveraging sales from its construction and railway equipment segments. This adaptive strategy underscores the company's versatility.Nikhil Nanda, Chairman and Managing Director of Escorts Kubota, previously noted that the growth trajectory of the railway equipment business remains stable due to the escalating demand for rail transportation both domestically and internationally. This suggests a rationale behind the company's inclination to maintain a foothold in this sector.As Escorts Kubota deliberates on the potential sale of its railway equipment division, industry observers await further developments to discern the strategic direction the company will ultimately take.

Infrastructure Urban

14 Oct 2025

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..

Infrastructure Urban

14 Oct 2025

Dia Mirza-backed Without® Launches FOAK Recycling Plant in Pune

Without®, an impact-first deep-tech material science enterprise, has inaugurated its first-of-a-kind (FOAK) recycling demonstration plant in Pune. The 1,030 sq. m facility can process up to 5 tons per month of “unrecyclable” plastic waste, offering end-to-end operations from material intake and separation to chemical transformation, purification, product manufacturing, and quality testing. The demonstration plant serves as a precursor to a commercial facility planned for next year. The launch follows the successful closure of a $1.9 million (approx. Rs 16.8 crore) seed funding round led ..

Infrastructure Urban

14 Oct 2025

Capital India Home Loans Rebrands as People Home Finance

"Capital India Home Loans, a wholly owned subsidiary of Weaver Services, has announced its rebranding to People Home Finance Limited, underscoring its vision to build an inclusive, technology-led housing finance company serving India’s vast informal and self-employed segment. The rebranding follows the company’s $170 million investment round announced on 19 August 2025, led by Lightspeed, Premji Invest, and Gaja Capital. The new identity marks the next phase of expansion across Tier 2 and Tier 3 cities, with continued investments in branch infrastructure, people, proprietary technology, a..