Cummins India Limited (“CIL”), a leading provider of power solutions and a key player in India’s industrial and energy landscape, celebrated the 30th anniversary of its listing on the National Stock Exchange (NSE). The occasion was commemorated with a ceremonial bell-ringing event attended by Ashishkumar Chauhan, MD & CEO of NSE, and Shveta Arya, Managing Director of Cummins India Limited, along with other senior leaders from both organizations.
Cummins India was listed on NSE on March 29, 1995, and has since delivered long-term value to shareholders. Over three decades, the company has delivered 76x returns, representing a CAGR of 16%. Revenue has grown nearly 19 times at a 10% CAGR, while Profit After Tax has expanded 30-fold at a 12% CAGR. The company has paid out ₹8,910 crore in dividends, and today ranks among the top 100 listed companies by market capitalization on the NSE. This sustained performance underscores the company’s strong fundamentals, market leadership, and investor confidence.
Reflecting on the milestone, Shveta Arya, Managing Director of Cummins India, said“For more than 60 years, Cummins has played a key role in powering India’s development. Marking 30 years on the NSE is not just a financial milestone—it’s a moment to recognize the trust of our shareholders, the dedication of our employees, and the enduring partnerships we have built. From driving industrial growth to enabling cleaner energy, we remain committed to supporting India’s journey toward becoming a developed nation through innovation, reliability, and inclusive progress.”
Ashishkumar Chauhan, MD and CEO of NSE, added “Cummins India’s journey over the past three decades is a testament to sustained growth, innovation, and purpose-led leadership. The company has delivered value consistently, while playing a meaningful role in shaping a sustainable and inclusive future. We are proud to have been part of this journey and look forward to Cummins’ continued success.”
Over the years, CIL has grown from serving select industrial sectors to becoming a diversified power solutions provider across 10 industries, including railways, marine, defence, oil & gas, data centers, and more. The company exports products designed and manufactured in India to markets across Southeast Asia, the Middle East, Europe, Latin America, and Africa, showcasing its global competitiveness.
Under its Destination Zero™ strategy, Cummins India has made significant progress in reducing greenhouse gas emissions and launching next-generation clean energy technologies. These include Battery Energy Storage Systems (BESS) and CPCBIV+ compliant gensets, which reflect the company’s ongoing investment in cleaner, more efficient power systems.
Founded in 1962 and headquartered in Pune, Cummins India Limited is a key part of the Cummins global network and the oldest Cummins entity in India. The company operates in the power generation, aftermarket services, and export markets, with five advanced manufacturing and assembly plants across the country. With more than 480 customer touchpoints and a team of over 3,000 employees, Cummins India is committed to delivering dependable products and services, contributing to economic growth and supporting India’s clean energy goals.
