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Grundfos India on expansion mode
A BUSINESS CORRESPONDENT
Thursday, April 01, 2010, 12:42 Hrs  [IST]

Grundfos Pumps India Pvt. Ltd, a 100 per cent Danish subsidiary, inaugurated the new 7,000 sq. metre facility at Thoraipakkam in Chennai. The facility, which was constructed in a record 11 months with an investment of Rs 17.6 crore, boasts of very sophisticated material handling equipment needed to handle pumps and components in the manufacture, assembly and storage operations. It also houses an office area of 1,000 sq. metres.

The new facility has a test bed capacity that is built to 300 kw and the entire load is well supported by backup power, which will help in the testing of large pumps used for massive infrastructure projects.

In addition to this expansion within the existing facility, Grundfos has acquired 16 acres of land near Sriperumbudur to construct an additional production facility and the work is expected to commence by 2011. The company has also acquired 16 acres near Sriperumbudur to meet increased domestic demand.

Grundfos India is working with IGBC to get a certification of Green Factory Building to push its agenda of energy efficiency, water conservation and environmental friendliness. It is of significance that amongst the 14 plants of Grundfos worldwide, Grundfos India is a pioneer in receiving the Green certification.

Speaking on the occasion, Carlo Prola, Senior Vice President, Grundfos Group, said, "India is one of the most important overseas markets for the company in the Asia-Pacific region. The expansion of the Chennai-based facility further strengthens our capabilities to adapt to the local market and signifies our commitment to long-term business operations in India. We had established our first facility in March 2005 and have since grown four times the size in turnover."

Ranganath N.K., Managing Director, Grundfos-India, said, "Grundfos chose to expand its operation at a time when the markets were witnessing a downturn. We plan to increase our footprint in India and expand our operations by setting up another facility near Sriperumbudur. Our vision is to be the best pump company in all the segments that we operate in. We continue to be eco-friendly with our products and our factories. "

The need for this expansion arose out of the demand for energy efficient and reliable pumps in the market and current plans are to produce end suction pumps, hydro boosters, submersible and vertical multistage in line pumps.
 
                 
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