In 2020 despite COVID-19, KSB had an order intake of Rs. 1,300 crores and quite hopeful that with the improving situation company would improve and register a double-digit growth for the year as per Mr Farrokh Bhathena, Director – Sales & Marketing, KSB Limited India.
For the 1st half of 2021, company has achieved sales of Rs. 684 crores and already have orders on hand for almost 7 to 8 months. Both the first wave and the second wave has had an effect on our business operations, however despite these challenging situations our employees have risen to the occasion and navigated the operations to deliver good results for the Company in 2020 and in the first half of 2021. The business outlook remains positive despite COVID, we are expecting double digit growth year-on-year. Monsoon has made a positive impact in increasing the demand, various government policies are fuelling the growth for pumps at large, government efforts towards controlling the emission of SOx has paved the way for the rise in the demand for the pumps required for Flue Gas Desulphurisation application. The ban on Chinese suppliers/contractors in India has opened up opportunities for Indian suppliers. Smart city projects will create demand for the housing sector and also for water and waste water management in these cities.