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Prabhudas Lilladher Report
We attended Escorts Kubota Ltd.'s Investor Day, where they announced their medium-term business plan. The company laid out aspirations for 2023-2028, where it plans to avail benefits from Escort's frugal manufacturing and Kubota's diversified global presence with high technology standards.
This global strategic partnership aims at creating an exceptional commercial reach, in our view.
Escorts Kubota also targets 2.5 times revenue by FY28, through expansion of existing product portfolio across segments and increased exports.
The company's major focus areas will be-
improving market share in domestic as well as export markets,
jointly creating specialized products for the world,
ensuring quality assurance through Kubota Production System and
strategic sourcing.
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