Pune-based KSB Pumps (KSB), a subsidiary of KSB AG, Germany (global leader in pump manufacturing), is a pumps and valves manufacturer domestically. The company´s products are used for pumping, transportation and flow control of fluids, which include clean or contaminated water, explosive fluids, corrosive and viscous fluids, slurries and fluid or solid mixtures. In India, the KSB has a wide distribution network that includes four zonal offices, 15 branch offices, over 800 authorised dealers, four service stations, 110 authorised service centres and 22 warehouses. While the pumps segment contributes to over 80 per cent of revenues, the remaining comes from the valves segment. In India, KSB commands a market share of around 8 per cent out of the total industry size of Rs 8,500 crore. Its top-line grew at a CAGR of 7.1 per cent in CY09-14 to Rs 895 crore in CY14 (Rs 565 crore in CY09). For the year ended December 2014, its consolidated sales grew by 9.5 per cent to Rs 795 crore, up by 9.5 per cent. Going forward, over the next five years, the company has plans to invest Rs 250 crore for expansion. Meanwhile, on July 27, 2015, it launched a solar-powered submersible pumpset - KSBSol. These pumpsets, designed with the German technology, are manufactured at KSB´s Sinnar plant, near Nashik in Maharashtra.