Nikhil Nanda is Escorts's new Joint MD

New Delhi, Sept 19 (UNI) Nikhil Nanda, Director and Chief Operating Officer of Escorts Ltd has been elevated to the position of Joint Managing Director of the company.

In his new role, he will lead the operations of the company and will drive the business growth initiatives of Escorts.

Mr Nanda has been the Executive Director of the company since May 2000 and later in October 2005 he had taken over the additional role of Chief Operating Officer. He has been driving the expansion programme of the construction equipment business through its subsidiary Escorts Construction Equipment Ltd, a company statement said.

To further consolidate the leadership position of Escorts in construction equipment business, he has been driving the setting up of a green field project at Ballabhgarh for manufacturing a whole range of construction equipment.

UNI