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Escorts Polaris Private Ltd.
Founded 2012
Defunct 2018
Headquarters Kukas, Jaipur, Rajasthan, India
Parent Polaris Industries
Escorts Group

Escorts Polaris Private Ltd. was a 50:50 joint venture between India's Escorts Group and the American Polaris Industries. It was formed in 2012, and shut down in 2018.

History[]

In July 2012, Eicher Motors and Polaris Industries formed a 50:50 joint venture (JV) to manufacture vehicles in India.[1] This JV was formed with an initial investment of Indian Rupee ₹350 crore (US$77.7 million) and the new company was named "Eicher Polaris Pvt. Ltd." Thereafter, Eicher Motors and Polaris Industries combined their research and development facilities in their new manufacturing plant in Kukas, Jaipur, Rajasthan, India.

In May 2018, Eicher and Polaris announced they were closing down the Indian-joint venture, and discontinuing the Multix.[2]

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Smallwikipedialogo This page uses some content from Wikipedia. The original article was at Escorts Polaris. The list of authors can be seen in the page history. As with Tractor & Construction Plant Wiki, the text of Wikipedia is available under the Creative Commons by Attribution License and/or GNU Free Documentation License. Please check page history for when the original article was copied to Wikia


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