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Cummins India to close generator assembly plant in Pune

11 May 2016 Evaluate

Cummins India (CIL) has confirmed that the proposal for closure of the generator assembly plant at Pirangut, Pune, is under consideration. The low-kVA gensets for the domestic market being assembled at the Pirangut plant will be outsourced for contract manufacturing and will be sold through CIL to better manage its operating costs.

Cummins India, the country’s leading manufacturer of diesel and natural gas engines is one of the eight legal entities of the Cummins Group in India. Comprising of four business units - Industrial Engine, Power Generation, Distribution, and Automotive, Cummins India Limited is also the largest entity of the Cummins Group in India.

Peers
Company Name CMP
Cummins India 4870.05
Kirloskar Oil Engine 2230.20
Greaves Cotton 211.85
Swaraj Engines 3549.75
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