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“Pump industry is experiencing an upward trendâ€Â
With the central government announcing its smart cities mission, cities are looking at a major overhaul in the way they function. This development is likely to have a positive effect on the pumps industry as pumps are very important for proper plumbing and water transport system in a city.Read more
Danish pumps maker Grundfos opens new manufacturing facility in Gujarat
Denmark-based Grundfos, one of the leading global manufacturers of energy-efficient pumps, yesterday inaugurated its manufacturing facility in Dantali, Gujarat. Read more
Pumps And Valves: Growing At a Steady Clip
Assurance about growth is like music to the ears. So is the case with the Indian pumps and valves industry. According to Frost and Sullivan, the compounded annual growth rate (CAGR) for the pumps and valves industry would be between 15-17% for the next five years. The pump industry is growing at the rate of 15% per year. The organised sector size is around Rs 2,500 crore and the unorganised is around Rs 2,500 crore.Read more
