Future Pump Industry in India
While India has over 17% of the world population, its pump business is only 1.75% of the global pump set business. These are important and critical times for the pump industry. The consolidation phase in the international pump industry is continuing with a number of acquisitions happening for reasons of strategic fit and market expansion. This has interesting ramifications for the Indian market from the point of view of future market leadership. With the increasing scarcity and rising cost of water, its proper and efficient transportation is gaining importance. Pumps consume the major component of energy in an industry and rising energy costs are a big concern. Water transportation experts are forever working on reducing friction and bending losses and reducing the operating costs by using more energy efficient pumps. The challenge for all utility professionals is to select, design and operate more rugged, more reliable water transportation systems that need less maintenance and lower...