14 June 2018
The Asia-Pacific region will generate 44% of new pump demand through 2018.
Pump sales in the region will rise 6.4% annually based on solid advances in fixed investment expenditures and construction spending.
India already exports Pumps & Valves worth over US$ 1.55 billion, serving various engineering segments, to over 100 countries. The exports in this segment are growing at a healthy rate of around 10-12 per cent annually.