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
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?