Kirloskar Group
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Kirloskar Group | |
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Type | Private Conglomerate (BSE) |
Founded | 1888 (As Kirloskar Brothers Limited) |
Headquarters | Pune, Maharastra, India |
Key people | Sanjay Kirloskar, Chairman & Managing Director |
Industry | Conglomerate |
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 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 | $2.70 Billion USD (2005) |
Employees | ~20,000 (2004) |
Website | www.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 Engineering Ltd., SPP Pumps (UK), Gondwana Engineers Ltd, and The Kolhapur Steels Ltd) is India's largest Engineering and Construction Conglomerate with sales exceeding $2 Billion. The Kirloskar Group today exports to over 70 countries and has a brand name to reckon with, especially within India and over most of Africa, South East Asia and Eastern Europe. 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.
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 worlds 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. 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." 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.
[edit] Other Kirloskar companies
- Toyota Kirloskar Motors LTD ( TKML ) produces Toyota Vehicles in India.
- Mysore Kirloskar ( MK ) produced lathes including CNC types.
- Kirloskar Electric Company ( KEC ) made electrical equipments like transformers ,generators and motors etc. KEC is not part of the Kirloskar Group anymore.