Grundfos India eyes the Bangladesh market
ECONOMY & POLICY

Grundfos India eyes the Bangladesh market

Established in Bjerringbro, a small town in Denmark, in 1945, Grundfos is represented by over 83 companies in more than 56 countries today.

With an annual production of over 17 million pump units, the company offers circulator pumps for heating and air-conditioning as well as centrifugal pumps for industry, water supply, sewage and dosing. In fact, it is among the world’s largest manufacturers for circulators, covering about 50 per cent of the global market. In addition, it produces and sells standard and submersible motors as well as state-of-the-art electronics for monitoring and controlling pumps.

Additional products such as the BioBooster and Lifelink add to the company’s sustainability focus.

Achieving sustainable goals
The Sustainable Development Goals (SDGs) that came into effect in January 2016 will continue to guide the United Nations Development Programme (UNDP) policy and funding until 2030. While there are 17 goals building on the Sustainable Development Goals, the four strategic areas and priority SDGs at Grundfos include:

SDG 6 on clean water and sanitation: The company wants to contribute to the global water challenge through technology and by utilising new business models to introduce sustainable water solutions.

SDG 13 on climate action: The company offers solutions that use as little energy as possible, integrate products and digitally enabled solutions, and leverage new technology.

SDG 8 on decent work and economic growth: This aligns with its heritage and value that focuses on people: to develop the individual with the belief that everyone in Grundfos has the passion and potential to make a difference.

SDG 16 on peace, justice and strong institutions: The company wants to maintain high ethical standards in its business throughout the value chain.

Having started its India operations in 1998, Grundfos India, a 100-per-cent subsidiary of Grundfos, offers energy-efficient pumping solutions with the lowest lifecycle costs. It has further strengthened its offerings with iSOLUTIONS, a holistic approach to creating the most intelligent solution based on the unique demands of customers. This, plus solar pump offerings for rural application, helps address lack of electricity in some locations; there are also advanced pump solutions for smart cities. With an increase in demand and limited resources, an intelligent and innovative range of pump solutions, such as Demand-Driven Distribution (DDD), S Pump and Grundfos Remote Management (GRM), provide the right solutions by ensuring minimum use of energy and water while delivering optimal results.

Going forward!
Grundfos India is exploring opportunities to get into the Bangladesh market. “It’s a big market and there is a local requirement,” affirms Ranganath NK, Area Managing Director, INDO Region, Grundfos. Making it easier is that “the Northeast of India is going to open up for us,” he adds. India’s plans to connect the Northeast with Bangladesh’s Chittagong Port could serve as an effective conduit to ship commodities to Bangladesh.

The purpose is clear: To work with customers and co-create solutions. “We have a business development team of about 14 people who connect with customers, understand pain points and evolve solutions; once these are acceptable, they are passed onto the sales team.” The company sees two ways to improve sales: by increasing its footprint, and increasing the depth and width of offerings.

Indeed, Grundfos is looking to increase its footprint further in India, especially in Tier-II and Tier-III cities. In the next few years, Ranganath would like to see one Grundfos dealer and service provider in every urban agglomeration in India.

SHRIYAL SETHUMADHAVAN

Established in Bjerringbro, a small town in Denmark, in 1945, Grundfos is represented by over 83 companies in more than 56 countries today. With an annual production of over 17 million pump units, the company offers circulator pumps for heating and air-conditioning as well as centrifugal pumps for industry, water supply, sewage and dosing. In fact, it is among the world’s largest manufacturers for circulators, covering about 50 per cent of the global market. In addition, it produces and sells standard and submersible motors as well as state-of-the-art electronics for monitoring and controlling pumps. Additional products such as the BioBooster and Lifelink add to the company’s sustainability focus. Achieving sustainable goals The Sustainable Development Goals (SDGs) that came into effect in January 2016 will continue to guide the United Nations Development Programme (UNDP) policy and funding until 2030. While there are 17 goals building on the Sustainable Development Goals, the four strategic areas and priority SDGs at Grundfos include: SDG 6 on clean water and sanitation: The company wants to contribute to the global water challenge through technology and by utilising new business models to introduce sustainable water solutions. SDG 13 on climate action: The company offers solutions that use as little energy as possible, integrate products and digitally enabled solutions, and leverage new technology. SDG 8 on decent work and economic growth: This aligns with its heritage and value that focuses on people: to develop the individual with the belief that everyone in Grundfos has the passion and potential to make a difference. SDG 16 on peace, justice and strong institutions: The company wants to maintain high ethical standards in its business throughout the value chain. Having started its India operations in 1998, Grundfos India, a 100-per-cent subsidiary of Grundfos, offers energy-efficient pumping solutions with the lowest lifecycle costs. It has further strengthened its offerings with iSOLUTIONS, a holistic approach to creating the most intelligent solution based on the unique demands of customers. This, plus solar pump offerings for rural application, helps address lack of electricity in some locations; there are also advanced pump solutions for smart cities. With an increase in demand and limited resources, an intelligent and innovative range of pump solutions, such as Demand-Driven Distribution (DDD), S Pump and Grundfos Remote Management (GRM), provide the right solutions by ensuring minimum use of energy and water while delivering optimal results. Going forward! Grundfos India is exploring opportunities to get into the Bangladesh market. “It’s a big market and there is a local requirement,” affirms Ranganath NK, Area Managing Director, INDO Region, Grundfos. Making it easier is that “the Northeast of India is going to open up for us,” he adds. India’s plans to connect the Northeast with Bangladesh’s Chittagong Port could serve as an effective conduit to ship commodities to Bangladesh. The purpose is clear: To work with customers and co-create solutions. “We have a business development team of about 14 people who connect with customers, understand pain points and evolve solutions; once these are acceptable, they are passed onto the sales team.” The company sees two ways to improve sales: by increasing its footprint, and increasing the depth and width of offerings. Indeed, Grundfos is looking to increase its footprint further in India, especially in Tier-II and Tier-III cities. In the next few years, Ranganath would like to see one Grundfos dealer and service provider in every urban agglomeration in India. SHRIYAL SETHUMADHAVAN

Next Story
Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

Next Story
Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

Next Story
Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000