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Escorts Kubota to sell railway equipment biz to Sona Comstar for Rs 1,600 cr

By Economic Times - 22 hours ago
Escorts Kubota Ltd is divesting its railway equipment business division to Sona BLW Precision Forgings Ltd for Rs 1,600 crore. This move aligns with their strategic focus on agriculture and construction equipment sectors. By simplifying operations and reallocating capital, Escorts Kubota aims to enhance the scale and efficiency of its core businesses, driving sustainable growth and innovation.

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