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Geographic focus for 2012: Pumps, valves and compressor technologies
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Pm News Bureau
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Wednesday, June 13, 2012, 11:23 Hrs [IST]
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- Eurozone sovereign debt crisis and a mature
market in Western Europe necessitates the
emergence of a robust growth strategy for Central
and Eastern Europe.
- Growing economies in Latin America providing
skilled manpower, lower cost raw materials and
manufacturing are attracting manufacturers to
set up base.
- Strategies to help improve penetration levels in
Western Europe as well as new revenue generation
by demonstrating service capability and
new services such as condition monitoring,
advanced diagnostics and smart pumping.
- Focus on providing pumps for core industries
such as oil and gas in Middle East and mining
in Africa.
Supernormal growth expected from the two
fastest growing economies of China and India
augurs well for pump manufacturers looking to
tap market potential.
Untitled Document
Geographic focus for 2012 |
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