"Solar-powered DC devices may become the order of the day in future"

Grundfos, the Danish pumps manufacturer, established India business in 1998 with only 2-3 people. Today, Grundfos India, which recorded annual turnover of around Rs 500 crores in 2016, has 337 employees in R&D, operations and sales. Steering the growth momentum of the company over the years is Ranganath NK, managing director, Grundfos Pumps India Pvt Ltd.

In conversation with Rakesh Rao, he discusses the emerging trends in pumps industry and challenges & opportunities in the solar-powered products market. 

Grundfos is setting up a facility in Ahmedabad. What is the rationale behind it? 

The Ahmedabad plant has started trial production in a 50,000 square