Kirloskar Group
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This article's citation style may be unclear. The references used may be made clearer with a different or consistent style of citation, footnoting, or external linking. (January 2011) |
| Type | Private |
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| Industry | Conglomerate |
| Founded | 1888 (As Kirloskar Brothers Limited) |
| Headquarters | Pune, Maharastra, India |
| Area served | Worldwide |
| Key people | Sanjay Kirloskar, (Chairman & MD) |
| Products | Pumps Engines Compressors Valves Pig Iron Construction Transmissions Automobiles through a Joint Venture with Toyota Infrastructure Pumping Projects Electrical Sub Stations Water Treatment Plants[disambiguation needed Sewage Treatment Plants Turnkey Solutions for the Building and Construction Sectors for Townships and SEZ's Bridges& Flyovers Submarine Pipelines Construction of Jetties and Docks |
| Revenue | |
| Employees | ~18,000 (2010) |
| Website | Kirloskar.com |
The Kirloskar Group (consisting of Kirloskar Brothers Limited, Kirloskar Oil Engines, Kirloskar Ferrous Industries, Kirloskar Pneumatic Company, Kirloskar Ebara Pumps Ltd, Kirloskar Construction And Engineers Ltd, SPP Pumps (UK), Braybar Pumps Ltd (South Africa), Toyota Kirloskar Motor Private Limited and The Kolhapur Steels Ltd) is India's largest Engineering and Construction Conglomerate with sales exceeding $3.5 billion[citation needed]. The Kirloskar Group today exports to over 70 countries, especially within India and over most of Africa, South East Asia and Europe. It is headed by Mr Sanjay Kirloskar. The flagship & holding company, Kirloskar Brothers Limited established in 1888, is India's largest maker of Pumps and Valves and also undertakes construction projects through its subsidiary Aban Construction. It is headed by Mr Sanjay Kirloskar.
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[edit] Products
The Kirloskar group of companies was one of the earliest industrial groups which made a mark in the engineering industry in India. The group produces pumps, engines, compressors, lathes and electrical equipments like motors, transformers and generators (it is the world's largest genset manufacturer). While Laxmanrao Kirloskar established the group, his son S. L. Kirloskar played a major role in its rapid growth.
S. L. Kirloskar was a man who transformed his vision into a promising and thinking reality, of application of appropriate technology, customer satisfaction and dauntless integrity.[citation needed] SLK was a global thinker who had the courage and the confidence in his own country even in the pre-independence era.
He often said, "Economic preparedness is as vital as military preparedness."[citation needed] He always looked at India as a part of the rest of the world and struggled to make India globally competitive - that was his spirit of patriotism.
He created an empire that enjoyed one of the highest growth rates in Indian history, a staggering 32,401% growth of assets from 1950-1991.
In 1974, in cooperation with Deutz-Fahr of Germany, Kirloskar began manufacturing tractors.[1] They have since ceased tractor production.
In 1988, Rajiv Gandhi, the then Prime Minister of India, released a commemorative postage stamp marking the Kirloskar Group's 100th anniversary.
The Kirloskar Group also set up India's second oldest township Kirloskarwadi in Maharashtra, which is now a 100-year-old township in 2010.
[edit] Other Kirloskar companies
- Toyota Kirloskar Motor Private Limited ( TKML ) produces Toyota Vehicles in India.
- Mysore Kirloskar ( MK ) produced lathes including CNC types.
- Kirloskar Electric Company ( KEC ) made electrical equipment like transformers, generators and motors, etc. It is not part of the Kirloskar Group anymore.
[edit] External links
- Kirloskar Brothers Limited
- Kirloskar Brothers Europe B.V
- SPP Pumps
- Kirloskar Brothers No. 18 in BusinessWeek's ranking of Asia's Hot Growth Companies
- Sanjay Kirloskar and Alok Kirloskar on NDTV Profit
- Kirloskar Brothers Limited, stock symbol
- India's Top 10 Wealth Creators
- Kirloskar Group sees highest Return On Net Worth in 05-06
- Time Magazine article on Mr S.L. Kirloskar
- Kirloskar is the world's largest Genset business
- Kirloskar to pump up European play
- Kirloskar Group postage stamp