Coimbatore-based CRI Pumps has forayed into a new business segment by launching 1,080 horse power pump for sewage and waste water treatment. With these high-end pumps it will be able to offer complete waste water treatment solutions for projects. This development is the outcome of its acquisition of Italian company Fabbrica Italiana Pompe Sommergibili Srl in 2014.
G Soundararajan, vice chairman, CRI Group, says, “The company expects sales of Rs 500 crore in 4-5 years in India and another Rs 1,000 crore from exports. We will make the high-powered pumps in our Coimbatore plant where we have already invested about Rs 100 crore.”