CRI Group Enters into a New Business Segment for Wastewater Treatment

India: C.R.I, a leading pumps manufacturers in India, has entered into a new business segment to cater the demand for pumps from the sewage and wastewater treatment industry. The company has launched a 1,080 horse power pump for sewage and wastewater treatment applications along with offering integrated solutions for wastewater treatment subsectors, including agitators, aerators, drainage pumps, mixers, accessories, etc. The company has invested about 100 crores in their Coimbatore plant and expects to generate sales of around 500 crores from the domestic market and 1000 crores from exports in the coming 5 years.

TechSci Research depicts that with the launch of these high end pumps based on the Italian technology, C.R.I Pumps is expected to establish a strong presence in the wastewater treatment market on account of rapid urbanization and water scarcity in the domestic as well as global market.

According to the recently published report by TechSci Research, “India Water Pumps Market Forecast & Opportunities, 2020”, water pumps market in India is expected to grow at CAGR of around 12% till 2020. Demand for water pumps is arising from all segments including agricultural, industrial and residential in the country. In addition, the increasing wastewater treatment projects and growing investments in Indian desalination industry is set to surge demand for water pumps. Delhi, Tamil Nadu, Gujarat and Maharashtra are the leading states in terms of water pumps sales in the country. The leading players operating in water pumps market includes Kirloskar Brothers, CRI, KSB, Crompton Greaves, Tushaco and many more.