CRI ventures in to the global waste water pump market

  • Industry News
  • Nov 30,-1
CRI ventures in to the global waste water pump market

Mumbai, September 27, 2016: After the successful launch of high end non-metallic uPVC, CPVC pipes and specialty wires and cables, CRI Pumps now steps into complete wastewater solutions with Italian technology.

The recent acquisition of 4-decade old Fabbrica Italiana Pompe Sommergibili Srl (FIPS), Milan, Italy, equips CRI Pumps to launch the complete range of sewage and wastewater pump solutions with Italian technology in India. The range includes sewage pumps, drainage pumps, mixers, agitators, aerators, auto coupling and accessories. With this, CRI will provide complete wastewater solutions to handle raw water, sewage, effluent, storm water and processed water in municipal, utility and industrial applications.

CRI is one among the few pump manufacturers in the world to offer up to 800 kW (1080 HP) sewage pumps for handling huge volumes.

Announcing the launch of wastewater pumps, Mr G Soundararajan, Vice Chairman – CRI Group said, “The world pump market is estimated USD 42 billion, in which wastewater pump market is valued at USD 9 billion. Municipal wastewater plants are the major users, contributing to nearly 23% of the end-user market. The other major users are industries like food and beverages, sugar, textile, paint, tannery, paper and pulp, chemical, pharmaceutical and process industries. The Asias region is considered a key growth market, with China and India topping the list”.

The Indian raw and wastewater market is estimated around INR 2000 crores. The Indian wastewater market is projected to grow at a CAGR of 12% during 2016-2021. Rapid urbanisation, water scarcity, Central Pollution Control Board (CPCB) norms, and industrialisation are the demand drivers that contribute to the market demand. Swachh Bharat mission, smart cities, National River Conservation Plan (NRCP) and Clean River Ganga Mission will further drive the municipal wastewater treatment industry over the coming years.

Mr G Soundararajan further added, “CRI with its 7 foreign subsidiary companies, 32 branches in India and the strong distribution network available in 120 countries will greatly help to market these products for the growing global demand.” Currently the company caters on multiple segments such as mining, oil & gas, power & process industries, pharma, food & beverage, HVAC, fire fighting, other industrial applications, irrigation, buildings and community water supply.

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