Grundfos Plans to Invest $43 Million Expanding Capacity in India

Grundfos Pumps, the largest pump manufacturer, announced plans to double production capacity in India and invest about 2.3 billion rupees ($43 million) by setting up an additional unit.

The Chennai expansion may result in 1,000 new jobs in India, where the unit of Denmark’s Grundfos A/S started operating in 1998, group president Carsten Bjerg said today in a statement. Grundfos pumps provide heating and hot water service systems, cooling, ground and domestic water supply as well as sewage and wastewater, dosing and disinfection systems.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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