The Interpump Group S.p.A. is the world's prodigious manufacturer of professional high pressure plunger pumps as well as a global player in the market of hydraulic components. Founded by Dr. Fulvio Montipo in 1977, the group has been listed at the Milan stock exchange. In an exclusive with Machine Maker, Interpump Group Country Co-ordinator and Interpump Hyraulics Private Limited Managing Director Mr. Girish Garud, shares with us how Italian companies are making a difference in the Indian manufacturing sector.
The Interpump Group under its umbrella has a wide range of brands in the field of high and ultra high-pressure plunger pumps likePratissoli, Hammelmann, Inoxpa, General Pumps etc. In the Hydraulic sector it operates under Hydrocar, PZB, Penta, Walvoil, Hydrocontroletc.
Business areas
The group operates into two prominent sectors. The water jetting sector and the hydraulic sector. In the water jetting sector, it deals with high-pressure pumps, where high performances and product innovations enhance the possibilities for innovative applications. Thanks to all these innovations, Interpump Group has created de facto a new reference standard, becoming a worldwide leader in this sector.
The second being the oil sector which constitutes about 60% of the total turnover of the company. Interpump Group is the world’s largest manufacturer of power takeoffs and one of the major manufacturer of hydraulic pumps, cylinders, valves, and other hydraulic components.
Structure
The Interpump Group has around 80 companies worldwide which serve the hydraulic and the water sectors. There are around 5696 employees overall that is the driving force for the group all across the world.
Worldwide presence
Interpump Group is established worldwide with the presence in the most dominant parts of Italy, US, Brazil, Germany, India, and China. It is headquartered in Italy and has manufacturing facilities all across the globe in the mentioned regions.
Interpump Group business in India
Initiating its operation in India in the year 2006, Interpump group started through Interpump Hydraulics which was formerly a trading company. The company started as a PTO manufacturing company and has now expanded into hydraulic cylinder manufacturing, gear pump manufacturing and is dealing in several other hydraulic products. Inter Pump Hydraulics India has got an exclusive unit with a dedicated team and state of the art technology for machining, assembly and testing of PTO’s, Gear Pumps, and Hydraulic cylinders for mobile applications in two locations in India namely Hosur (Tamil Nadu) and Rudrapur (Uttaranchal) respectively.
Subsequently, the group now has expanded its operations in India, after the acquisition of Walvoil and Inoxpa and now has three companies and four manufacturing locations in the country with a combined turnover of around Rs900 crore.
Challenges and growth
In the olden days, the construction sector was mainly labour oriented. Understanding the need for mechanisation and automisation, in this sector, Interpump group introduced modern technologies and state of the art products, revolutionising the approach in this sector.
Interpump Group in India has been a witness to different challenges. Their first major challenge was acceptance of modern technology products and secondly addressing the price sensitive market of India. The group constantly educated and enhanced the knowledge of the Indian customers, to make them understand the advantages of its state of the art products, and also went on investing every year, to manufacture all these products in India. In this way, they could address the price sensitivity of the Indian market.
Making in India
Interpump Group believes in the philosophy of having Indian companies, manufacturing in India mainly for India market.
Mr. Garud states that “InterpumpGroup not only provides its customers with its technologically advanced products compared to the other Indian manufacturers, but it also keeps the cost at par with them. The whole idea for producing in India is, to give the Indian customers a European technology with an Indian price.”
Expansion Plans
The Interpump Group firmly believes in the India growth story and are on the front to expand its operations and presence in this part of the world. The Group has various plans to expand its manufacturing facilities by building new plants going forward, and also by acquiring companies supporting the core business of the group.
For more detail do visit http://www.interpumphydraulicsindia.com/
