Indian company, Escorts to produce agric equipment in Ghana

An Indian company, Escorts Group Ltd., has expressed its intention to start the production of its agricultural machinery in Ghana.

According to a report by the Telegraph, an Indian publication, the company plans to enter into a joint venture with the government of Ghana to establish a unit to assemble the equipment.

The company is also reported to be looking for Ghanaian partners for its business in the country.

Attempts by ghanabusinessnews.com to get comments from officials of the company on their planned entry into Ghana was unsuccessful, as the extension we were transferred to when we placed a call to India was not answered.

Information on the company’s website describes it as among India’s leading engineering conglomerates operating in the high growth sectors of agri-machinery, construction & material handling equipment, railway equipment and auto components.

By Emmanuel K. Dogbevi