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company profile
Kirloskar Group
Gautam Kumar
September 12, 2020 11:09:41 AM
5 minutes
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Kirloskar Group
The
Kirloskar
group
of
companies
was
one
of
the
earliest
industrial
groups
in
the
engineering
industry
in
India.
The
group
produces
Centrifugal
Pumps,
engines,
compressors,
screw
&
centrifugal
chillers,
lathes
and
electrical
equipments
like
electric
motors,
transformers
and
generators.
While
Laxmanrao
Kirloskar,
established
the
group
in
1888,
his
son
Shantanurao
Laxmanrao
Kirloskar
played
a
role
in
the
leadership
of
the
company.[5]
The
company
under
Shantanurao
Laxmanrao
Kirloskar
achieved
one
of
the
highest
growth
rates
in
Indian
history,
with
32,401%
growth
of
assets
from
1950–1991.[6][7] In
1988,
Rajiv
Gandhi,
the
then
Prime
Minister
of
India
released
a
commemorative
stamp
marking
the
Kirloskar
Group's
100th
anniversary.[8] In
1974,
in
cooperation
with
Deutz-Fahr
of
Germany,
Kirloskar
began
manufacturing
tractors.[9]
They
have
since
ceased
tractor
production. The
Kirloskar
Group
also
set
up
India's
second
oldest
township
Kirloskarwadi
in
Maharashtra,
which
is
now
a
100-year-old
township
in
2010
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