Escorts securities limited (ESL), was created under the pedigree of the Escorts Group, the Indian multinational conglomerate that operates in the agri-machinery, construction, material handling and railway equipments.
Franklin Templeton's association with India dates back to over 2 decades as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited. It flagged off the mutual fund business with the launch of Templeton India Growth Fund in September 1996, and since then the business has grown at a steady pace.
