The event would be the best opportunity for exhibitors to introduce products & innovations besides exchange of experiences/ideas leading to widened & profit oriented investment. The expo been planned to provide an upbeat, pioneering & value based platform for showcasing latest technology under one roof.
Pump and Valves are the integral part of any process where a transportation of liquid is required. Over the years, the usage of pumps, which was primarily for water, undergone a total change and now there are pumps available for every material which needs to be moved.
Along with pumps, the technology for valves and associated control equipments has also changed considerably.In India, the pump industry is valued at about Rs.7000 Cr and Valve & Actuator Industry at about Rs.5000 Cr annually. The compressor industry is valued at around Rs.1000 cr. The industry in expected to grow @4-6% annually and if present economic scenario improves, further growth is expected.
Though the production of pumps and valves started more than 100 years ago in India, it was in recent past that newer technologies are getting introduced by way of multinational players setting up manufacturing units in India.