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Deccan Pumps Group to Complete Spin off by March 31st

Source : BUSINESS_WIRE
Last Updated: Sat, Feb 23, 2013 04:50 hrs

Coimbatore, Tamil Nadu, India:Coimbatore based Pump manufacturing major, Deccan Pumps announced today that it will spin off into two separate companies. Deccan Pumps Private Limited & Deccan Industries. Company to complete spin off by March 31st.

The 32 year old closely held family owned group is one among the country’s largest producer of Submersible Pumps and is one among the top 5 producers of pumps in South India.

Within a structured & amicable family arrangement Deccan Industries parts away from Deccan Pumps Private Limited with an exclusive right to manufacture & market Borewell pumps under the Brand name “Deccan”.



Deccan Pumps Private Limited to continue manufacture Openwell Submersibles, Centrifugal Monoblocs (Agriculture & Domestic), Jet pumps & Mini Submersibles (Sub-Sevak& Tiny) under the brand name Deccan. The group also plans to launch its new High Performance Borehole range Brand after successfully completing its spin off. The company has setup a new state of the art plant to produce Borehole submersibles, which will be unveiled in the month of April.

Easier management, nimbleness, increased customer focus & a secured future for the company are the reasons stated for spin off. When contacted the company officials declined to comment further on the details of the deals.

Deccan Pumps Private Limited will continue to be headed by its Co -Founder & Managing Director Mr. P. Arumugam who has been at the helm of affairs for last three decades.

According to Mr. Arumugam Managing Director of DPPL,
“We are creating an even stronger, focused & capable company with product brands that have emerged out of prolific experience in the industry, expertise of our employees & strategic channel partners around the country. The new streamlined structure would make DPPL India’s largest producer of Vertical Open well Submersibles & Mini Submersibles “

About Deccan Pumps Private Limited:

Deccan Pumps Private Limited is one among India’s leading Submersible Pump Manufactures based in the pump city Coimbatore for more than 32 years. It is the Largest Producer of Vertical Open well submersibles & Mini Submersibles in the country. The company is one among the Top 5 manufacturers in southern India.

The company is also credited as the world’s first pump manufacturer to produce jet pumps without control valves, First of the kind to develop openwell pumps and to win first ISI certification for them. Also first to introduce mini submersibles called Sub-Sevak & Tiny.6 times national award winner for outstanding contribution to Indian Agriculture & ace performance in the Industry.

Contact:
Vignesh, , +91 9791561503

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