Engineering Factbook
Exporting Excellence Indian Engineering Sector Accounts for 25 per cent of India’s Total Exports and is the largest foreign exchange earner for the of merchandise goods. 35 per cent of exports belong to the msme sector. Click here to read
Read MoreThe best of India in Engineering
The engineering sector in India was valued at US$ 83.4 billion as of 2014, growing at a CAGR of 15.8 per cent during 2011 to 2014. Overall market production was valued at US$ 80.5 billion in 2014, up 17.8 per cent from 2011. The market size of capital goods and engineering sector is expected to […]
Read MoreCRI Group enters into specialised wires and cables market
August 20, 2016: The Coimbatore-based pump manufacturer CRI Group has announced its entry into high-end specialized wires and cables. The company has earmarked around Rs 125 crore for this foray, in order to achieve its target of Rs 5,000 crore turnover in 2021.
Read MoreKirloskar Completes Acquisition of Rodelta Pumps
July 20, 2016: Pune-based Kirloskar Brothers Ltd has recently completed the acquisition of Netherlands-based Rodelta Pumps International.
Read MoreKirloskar launches agentic drive pump in Germany
June 25, 2016: Kirloskar Brothers Ltd (KBL) has introduced the technologically advanced Romak (RMK) in Germany. It is noteworthy that RMK is a magnetic drive pump comprising permanent magnets and is used by process industries to handle various types of clear/clean chemical liquids without any suspended particles.
Read MoreHigh-efficiency pumps to save 4% of world’s electricity consumption
April 5, 2016: Grundfos, the Denmark-based pump manufacturer has recently said that the usage of high-efficiency pumps has the potential to save around 4 per cent of the total electricity consumption by avoiding the wastage of electricity. The company further said that pumps consume close to 10 per cent of the global electrical energy and […]
Read MoreEKKI Pumps firms up global plans
March 16, 2016: The Indian pump manufacturer EKKI is all set to enter the international market. The company has recently launched its international product range at the 40th MCE (Mostra Convegno Expocomfort) at Milan, Italy. The privately held family owned group under the Deccan brand has been a market leader in the open-well submersible segment […]
Read MoreExcise duty cut to boost use of solar pumps: Shakti Pumps
March 1, 2016: The reduction in excise duty if expected to boost the usage of solar pumps in the country, said Akhilesh Maru, CFO, Shakti Pumps. The company further said that the cut of excise duty from 12.5 per cent to 6 per cent will have a good positive impact on the sector. With the […]
Read MoreCRI Pumps puts spotlight on global business
February 15, 2016: CRI Pumps, the leading pumps manufacturer from India, is expected to strengthen its focus on the international business. The global business of the company currently accounts for around 1/5th or Rs 300 crore out of a total turnover of around Rs 1500 crore. The company believes that with a total market of […]
Read MoreIVRCL gets two drinking water supply projects
January 25, 2016: IVRCL has secured two drinking water supply project contracts valued Rs 350.96 crore from Karnataka government agencies. These are Rs 324.67 crore rural water supply projects aimed at providing drinking water to 83 tanks of Magadi Taluk of Tumkur district and Rs 26.29 crore water supply distribution project for Bannur town in […]
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