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Escorts appoints Nikhil Nanda as Chairman and MD

ANI  |  New Delhi [India] 

The Board of Directors of on Tuesday announced appointment of as the new and Managing Director.

India's leading engineering conglomerate, Escorts, announced the appointment after the approval by the Board of Directors unanimously.

"I am aware that an enormous responsibility, with a great legacy, has been entrusted on me. Our Mr. created Escorts to elevate human lives by eradicating drudgery through technology driven agriculture and infrastructure. Along with our late Chairman, Mr. Rajan Nanda, I got an opportunity to nurture the legacy and build a strong engineering set-up to cater to community development," said and Managing Director Escorts Ltd.,

"It is a privilege to lead this company which has been built by innovation, highly respected board and a great team. I am confident that with board's guidance and our engineering strength we will continue to live up to the expectations," added Nanda.

Nikhil's appointment comes post the demise of former of Escorts Ltd., Rajan Nanda, who passed away after a brief illness.

A third-generation entrepreneur, Nanda is an alumnus of Wharton School, Philadelphia, with majors in Management and Marketing.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 07 2018. 18:00 IST