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Announcing the appointment, Rajan Nanda, Chairman, Escorts Ltd said, ?This is a key appointment at a time when the construction industry is highly optimistic. The country is in a crucial phase of development where numerous projects are running in different regions, propelling the demand for construction equipment. Ajay?s strategic thinking and relevant experience will bring in a strong drive to our construction equipment portfolio.?

Nikhil Nanda, Managing Director, Escorts Ltd said, Ajay brings valuable know-how to Escorts. His domain experience will be important for driving the Group?s strategic thrust in expansion of markets, diversification of product portfolio, strengthening service excellence, sustaining leadership in the existing and new categories and grow our presence globally.?