Shakti Pumps
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| Company type | Public |
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| Industry | Pumps |
| Founded | 1982 |
| Headquarters | Pithampur, Madhya Pradesh, India |
Area served | Worldwide |
Key people | Mr. Dinesh Patidar, (Chairman & MD), Mr. Sunil Patidar (Executive Director),
Mr. Ramesh Patidar (Head International Marketing), Mr. B.R. Patidar (Director-FICO), Mr. Ankit Patidar (CMD Shakti Irrigations) |
| Products | Pumps Foundry |
| Revenue |  $100 Million USD (2015) |
Number of employees | ~1400 (2016) |
| Website | Shakti Pumps India Limited |
Shakti Pumps India Limited is a manufacturer of submersible pumps for domestic, industrial, horticultural and agricultural use[citation needed]. Shakti pumps exports to more than 100 countries,[citation needed] with branches in the USA, Australia and UAE.The company is listed in the Bombay Stock Exchange and the National Stock Exchange of India.[1] The company has two manufacturing facilities with a capacity of 500,000 pumps per year.[citation needed] Shakti Pumps is also one of the largest manufacturers and exporters of solar pumps in India.[citation needed]
History
Shakti Pumps was incorporated in 1982 by the Patidar family of Rao (Indore) to manufacture submersible pumps and electric control panels. In 1995, the company went public with an issue of Rs 500 lakh.
Later in 1996, company expanded its portfolio by manufacturing stainless steel submersible pumps and motors. In the same year, Shakti Pumps started its export operation.
In the year 2006, company was acknowledged with one star export house status. In the same year, the company established a branch office in Australia and Turkey.[2]
Products and Services
The company manufactures submersible pumps and submersible motors and associated control panels under the name Shakti.
The company is second largest stainless steel submersible pump sets manufacturer in the world.[citation needed]
Achievements
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- 1983 : manufacturing facility setup
- 1986 : commencement of full-fledged manufacturing unit
- 1989: Received BIS certificate
- 1995: Shakti Pumps becomes a public limited company
- 1998: Received ISO 9001:2000 certification, Focus on direct exports
- 2003: Received the quality 'CE mark'. Exports extended to 20 countries
- 2007: Standard manufacturing facility at SEZ Pithampur.
- 2008: Widened Pump Range up to 250 HP and exports extended to 50 countries
- 2009: Received 5 star rating from BEE, introduced booster pump mechanism.
- 2010: Introduced new products - Open Well Pumps and Resin Cooled Motors
- 2011: Started trading MB/NSE
- 2012: Booster Pump unit with 40,000 pumps per annum capacity.
- 2013: Mr. Amitabh Bachchan becomes the brand ambassador of the company
- 2014: Received UL certificate for max number of motors.
- 2015: ISO 14001:2004 certification and OHSAS 18001:2007
References
- ^ "Listing Price BSE and NSE". money control. 1 June 2016. Retrieved 1 June 2016.
- ^ "Shakti Pump History". NDTV Profit. 1 June 2016. Retrieved 1 June 2016.