News Summary

• Har Prasad Nanda moved to India in 1947 with two cars and a fair bit of cash.
• Escorts Agents, his first venture, which he started in 1944 with his brother in Lahore, was a successful agency business of representing Westinghouse products.
• Nanda wisely decided that the altered environment needed fresh hands, and much like the Tata Group's sataraps had stepped aside for Ratan Tata, the time was right to bring in his own sons.
• He stepped down in 1994 following a heart bypass, dividing the business between his elder son Rajan, who took charge of Escorts and Anil, who was given the auto components business.