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Nikhil Nanda new managing director of Escorts

Staff writer |
New Delhi, India - September 20, 2013, New Delhi, India - Escorts Limited, a multinational engineering conglomerate, announced the appointment of Nikhil Nanda as its managing director.

Mr. Nanda is currently the Joint Managing Director. He has been Joint Managing Director of Escorts Ltd. since September 2007 and served as its Chief Operating Officer since October 17, 2005. Mr. Nanda serves as the Member of Board of Management at Escorts Ltd. He joined the Escort Group as Director of Business Development of Escorts Yamaha Motor Ltd. (EYML), in 1998 and was responsible for formulating the joint venture agreement with Yamaha Motor Company and strategy for the motorcycle business.

He was also involved in new product selection, preparation of marketing strategies as well as vendor consolidation. He served as Joint Managing Director of EYML and initiated business process re-engineering. He has been an Executive Director of Escorts Ltd., since October 17, 2005.

He serves as a Director of several other Escorts Group companies, namely, Escorts Construction Equipment Ltd., Escosoft Technologies Ltd., Escorts Finance & Investment Pvt. Ltd., Escolife Pvt. Ltd., Escorts Securities Ltd., Escotoonz Entertainment Pvt. Ltd., and Escorts Agrimachinery Inc., U.S.A.

Mr. Nanda served as an Executive Director of Escorts Ltd., since August 2005. He served as a Director of Federal-Mogul Goetze (India) Limited from April 16, 1997 to September 23, 2005.

He serves as Member of Indo American Chambers of Commerce, high-level strategic group constituted by All India Management Association, Young India Committee of CII and Federation of Indian Chambers of Commerce & Industry. He is among five Indians selected as the Global Leaders of Tomorrow for the year 2001 by the World Economic Forum, Geneva.


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