Grundfos Eyes on Solar, Smart Pumps to Double India Revenue

Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market.

In a bid to double its revenue to Rs 1,000 Crore, Grundfos India Ltd is expanding its network by betting big on ‘Make in India’ solar pump for rural areas and intelligent pumping solutions for civic bodies, water-intensive industries and building segments.

Grundfos India head Ranganath N K said, “We closed 2017 with a turnover of Rs 500 Crore. We see Rs 1,000 Crore turnover as per Indian GAAP in four years. Furthermore, 200 points of sale and service facilities are being expanded to widen reach in the market,” he added.

Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market.

Grundfos has identified the Indian subsidiary’s IT wing as a ‘Centre of excellence’ for collaborating in development of electronic brain for pumps and modules for their remote operations, including through mobile apps or home computers, through an internet of things-based platform.

According to Grundfos senior director-digital offerings Marianne Knudsen, These ‘e-pumps’ are a “testimony to Grundfos’ commitment to sustainability and energy efficient solutions, and expected to drive global sales growth.”

The intelligent pumps with sensors allow civic bodies and water treatment plants to modulate pumping operations in tune with the changing demand instead of running machines at full capacity even when not required.

Source: ET