Pump business in India constantly growing

December 12, 2013 8:36 am

“Grundfos India aspires to be the reliable partner to any of our stakeholders in terms of value delivered,” said V.V. Ramanan, Head of Marketing, Grundfos Pumps India
Grundfos is one of the world’s leading pump manufacturers with an annual production of more than 16 million pump units. Recently, the company has announced invest plans for investing Rs. 230 crore in the next five years in India. In an interview with OEM Update, V.V. Ramanan talks about the pumps business in India as well as his company’s plans and strategies.
Grundfos is one of the world’s leading pump manufacturers. How do you see the pumps business in India?The pump business in India is constantly growing and customer expectations are growing based on low life cycle cost (LLC) concept which was introduced by Grundfos since early 2000.  Having been accepted and perceived as a high-quality brand, we are able to access to new opportunities year-on-year.
You have a global turnover of Euro 3.5 billion, how significant is the Indian business?  How much the Indian business does contribute?At the moment, our business in India contributes very less to our global turnover, around one per cent. Grundfos India is among the top 20 amongst the Grundfos companies.

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