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Entrepreneurship
Development
PRESENTED BY-
PRATIK KAREL; SHIVA KANT JAISWAL; ROHIT MISHRA; VAIBHAV HADA;
PURNADAL BAGCHI; RAHUL SHRIVASTAVA; VIKRAM SINGH CHAUHAN
KIRLOSKAR                                2

GROUP
 THE KIRLOSKAR GROUP WAS FOUNDED IN
 THE YEAR 1888 BY THE LATE MR. L. K.
 KIRLOSKAR      AND HAS     A   RICH
 ENGINEERING HERITAGE OF 123 YEARS. IT
 IS COUNTED AMONGST INDIA‟S LARGEST
 MULTI-PRODUCT,       MULTI-LOCATION
 DIVERSIFIED             ENGINEERING
 CONGLOMERATES WITH ANNUAL SALES
 OF $1.6 BILLION.
KIRLOSKAR GROUP FAMILY TREE                                                            3
                                             LAKSMAN RAO
                                               KASHINATH
                                               KIRLOSKAR


                                       PRABHAKAR                    RAVI
                      S.L. KIRLOSKAR
                                        KIRLOSKA                 KIRLOSKAR



       CHANDRAKAN       SAROJINI        SRIKANT         VIJAY    RAJARAM
                                                                                P.L. KIRLOSKAR
        T KIRLOSKAR       AMIN         KIRLOSKAR     KIRLOSKAR   KIRLOSKAR



                                                                    SUKUMAR             AJIT
ATUL     SANJAY          RAHUL             VIKRAM
                                                                    KIRLOSKAR        KIRLOSKAR




             ALOK
4
A brief history of India‟s largest multi-
product and diversified engineering
conglomerate




   Mr. L. K.    Mr. S. K.   Mr. C. S.
   Kirloskar    Kirloskar   Kirloskar
Laying the foundation of
            Kirloskarwadi                                            5
            •   Mr. L. K. Kirloskar believed that an understanding of one's
                environment and reality was essential to manufacture
                path-breaking industrial implements.
            •   In 1888, he set up his first venture - a small bicycle repair
                shop at Belgaum.
Mr. L. K.
            •   Strongly believing that agricultural implements must fit
Kirloskar       the milieu they are used in, he manufactured iron
                ploughs, the first Kirloskar product.
            •   His dream was to build his own industry and community
                for his employees; he realised this dream with
                Kirloskarwadi, a place where he started the Kirloskar
                Brothers Limited factory in 1910.
            •   He strongly believed in the theory of creation of wealth.
India‟s First indigenous diesel
                engine                                                   6

            • He is credited with developing the manufacture of diesel
            • Son Of Mr. L. K. Kirloskar Earned a Bachelors of Science degree
              engine indigenously as an import substitute after India attained
              in Mechanical Engineering from MIT in Cambridge,
              independence.
            • Massachusetts and leadership the group enjoyed one of the
              Under his dynamic was among the batch of first Indians to
              graduate from MIT. in Indian history.
              highest growth rates
            • Mr. S. L. Kirloskar was amongst thinker and an Engineering
            • Today this Group is a global India's largest enterprising
Mr. S. K.
Kirloskar
              person who had the courage and the confidence in the
              Conglomerate.
            • potential of Mr. own Bihari Vajpayee, the then Prime Minister,
              In Feb 2003, his Atal country even in the pre-independence
              era.
              released a commemorative postage stamp marking Mr. S. L.
              Kirloskar's 100th anniversary.
            • He often said, "Economic preparedness is as vital as military
                preparedness.“
            •   He always looked at India as a part of the rest of the world and
                worked towards making India globally competitive. After the
                end of World War II, the group grew rapidly under his
Chandrakant Kirloskar: Self-reliant,
            Strong Research and Engineering                         7


               Was a visionary who carried forward the legacy of his
                grandfather and father.
               He strongly believed that sustained growth could only be
                possible through self reliance & being self sufficient.
               He laid great emphasis on research and development
Mr. C. S.
Kirloskar       activities, which according to him are the backbone of all
                engineering activities and believed in setting up systems and
                processes that even the companies from overseas would like
                to emulate.
               He furthered the rapid progress and evolution of this
                organisation.
Fourth Generation                                                          8

    Sanjay Kirloskar runs Kirloskar Brothers Ltd (KBL), Atul
    Kirloskar runs KOEL and Kirloskar Ferrous Industries Ltd,
    and their younger brother Rahul Kirloskar manages
    Kirloskar Pneumatic Co Ltd. Cousin Vikram manages
    the auto component joint ventures such as TKM and
    TKAP in Bangalore.
    All are fourth-generation Kirloskars.




        Sanjay         Atul Kirloskar   Rahul Kirloskar Vikram Kirloskar
        Kirloskar
India's largest multi-product and                9

diversified engineering group

The Kirloskar group comprises the following
companies, which operate in the specialised areas
of power, water, air and gas solutions, grey iron
casting and metal processing. These group
companies have left no stone unturned to achieve
a leading position with respect to image and
customer satisfaction in their respective verticals.
Kirloskar Group Companies
                                                   10


   Kirloskar Oil Engines Limited. (KOEL)
   Kirloskar Brothers Limited. (KBL)
   Kirloskar Pneumatic Company Limited. (KPCL)
   Kirloskar Ferrous Industries Limited. (KFIL)
   Kirloskar Integrated Technologies Ltd.(KITL)
   Kirloskar Proprietary Limited. (KPL)
   Kirloskar Industries Limited. (KIL)
   Kirloskar Middle East FZE. (KMEF)
11
Global presence
                  12
The first Kirloskar Group Company                      13


 Kirloskar Brothers Limited (KBL) - the first Kirloskar
 venture at Kirloskarvadi was to become the base for
 all of the Kirloskar Group's subsequent enterprises. It
 began as the only Indian company with its own
 standard products - the fodder cutter and the iron
 plough, which competed with the British products.
 Incorporated in 1920, it leads in the design and
 manufacture of pumps, hydro-turbines, valves, and
 anti-corrosion products.
Kirloskar Oil Engines Ltd. (KOEL)                             14

         Shantanurao Kirloskar, the eldest son of the
         founder travelled to Pune to initiate a new aspect
         of the group's activities - diesel engines.

         Shantanurao Kirloskar won a place for Kirloskar Oil Engines
         Ltd. (KOEL), twelve months after signing an agreement of
         collaboration with Associated British Oil Engines Export Ltd. of
         UK.

         The KOEL factory was incorporated in 1946
To electric motors and pneumatics                                 15


                 Ravi Kirloskar, his youngest son, in 1946 set up the
                 Kirloskar Electric Company limited (KECL)
KECL's logo in
the 40's         In collaboration with Broom and Wade of England, Kirloskar
                 Pneumatic Company Limited began the manufacture of air
                 compressors and pneumatic tools.
Kirloskar Pneumatic company                              16
             Pvt Ltd.
Kirloskar Pneumatic Co Ltd (www.kirloskarkpcl.com):
Incorporated in 1957, it is the leader in designing and
manufacturing air compressors, air-conditioning and
refrigeration and hydraulic power transmission.

Competitors:-


COMPANY
Ingersoll rand
Elgi equipments
Revathi cp
Kirloskar Ferrous Industries                                                           17
Limited. (KFIL)
 Incorporated in 1992, it leads in the manufacture of grey
 Vision:-
 To be a product leader in pig iron & casting business
 iron castings, SG iron castings, pig iron, alloy steels and
 Mission:-
 investment castings.
 To become lowest cost, quality pig iron manufacturer amongst the secondary pig iron
 plants by:
 Reduced coke consumption
 Improved productivity
 Increased power generation
 To become preferred partner in casting business by:
 Supply of Quality castings
 Faster new product development
 On time delivery
KFIL Timeline
                                                                     18
1994   Year of inception
1994   Commercial production of Pig Iron from Mini Blast Furnace I
1995   Commercial production of Grey Iron castings
1995   Commercial production from Mini Blast Furnace II
1995   ISO 9002 certification
2001   QS 9000 certification
2002   ISO 14000 certification
2005   ISO / TS 16949:2002
2007   Acquired Solapur foundry from Kirloskar Oil Engines Ltd.
2007   Hot Blast Stove - I
2008   HPML Plant Solapur
2010   Hot Blast Stove - II
2010   Power Plant - III
2011   Sinter Plant
Kirloskar Integrated Technologies                                                 19
Ltd.(KITL)
  Provides
  VISION:-          end-to-end decentralized sustainable energy
  solutions which are environment friendly, economically
  We will contribute to creating an eco-friendly world by developing and implementing
  self-reliant, affordable and sustainable technologies for distributed energy.
  viable, technically feasible and socially acceptable, using
  renewable energy technologies such as biofuels (biogas
  MISSION:-
  and biodiesel), straight vegetable oil (SVO), solar, wind,
   Become a major player providing sustainable energy solutions to our customers, with
  micro-hydro, etc.
     increasing focus on green technologies
     “Help Kirloskar Group Companies maximize the business potential for their products by
      developing system integration capabilities that support the KITL vision”
     Work towards empowering the population at the grassroots to thrive on the locally
      developed economy by utilizing available renewable energy sources, and maximize
      business returns to KITL stakeholders
Kirloskar Proprietary Limited.                              20
(KPL)
  Kirloskar Proprietary Limited was established in the year
  1965. Kirloskar Proprietary Ltd. is the registered owner of
  intellectual property consisting of various trademarks and
  copyrights in India and many foreign countries. it also
  looks after enhancing the image of Kirloskar brand.
Kirloskar Middle East FZE. (KMEF)
                                                                                     21
     Kirloskar Group has been active in the Middle East and Africa since the 1960s. A
     need was continuously felt to establish an identity in the region, which would be
     close to the end customers as well as the channel partners in the region. Kirloskar
     Middle East FZE (KMEF) was founded in November 1996 with the objective of
     further improving response to customers‟ requirements.

     KMEF is now expanding operations to include packaging of Compressor
     Engineered Sets and Pumpsets in UAE. Also new products are being introduced
     such as Refrigeration Systems, Gas Compressor Packages, Centrifugal and Screw
     Chillers etc.

VISION:-
We shall contribute significantly to achieve Kirloskar group vision and inculcate
Kirloskar group values.
MISSION:-
To establish „KIRLOSKAR' as the preferred brand in MENA region for its products
and services.
Toyota Kirloskar Pvt Ltd.                                    22

  The company Auto Parts Pvt. Ltd., (TKAP) is venture between
  Toyota Kirloskar Toyota Private Limited is Private Limited (TKMPL)
                    Motor Kirloskar Motor joint an auto parts
  according to Corporation and the Kirloskar joint a major
  manufacturing company in India. TKAP is a play venture role in
  Toyota Motor its mission statement aims to Group, for the
  the development sales of Toyota cars in India. It currently is
  among Toyota Motorthe automotive industry and Industries the
  manufacture and of Corporation, Japan, Toyota the creation
  of largest car maker in India after Maruti through its dealer
  Corporation, Japan and Kirloskar not onlySuzuki, Hyundai,
  4th employment opportunities, Systems Limited, Bangalore.
  network, but two plants, viz., 100% industries with a business
  TKAP is havingalso through ancillaryEOU, transmission plant
  Mahindra.
  philosophy of "Putting Customer First".
  and a domestic axles plant. In the EOU Plant, TKAP
  manufactures transmissions and is a key supplier for the Toyota
  both globally and locally
Economic downturn hit group                                        23

hard
All was not well in the Kirloskar group. The Kirloskar group companies
had been passing through difficult times.
The downturn in the economy coupled with the slump in the capital
and engineering industry, had affected bottom lines of group
companies. The respected Kirloskar name took a beating when the
finance company in the group Kirloskar Finance & Investment
defaulted on deposits and was unable to pay off depositors.
This was further damaged when Vijay Kirloskar sold his stake in the
finance company to the Ahmedabad-based businessman Hari Singh
Champawat.
Inability to pump in investments into the joint venture with Toyota also
affected the group.
STEPS FOR IMPROVEMENT                                   24



   There are complex cross-holdings between the Kirloskar
    group companies.
   There was split in the family business
   that there would be no change in the holding patterns of
    the companies.
   The separation is of management and control.
   The separation is based on shareholding and not on
    geography
GLOBAL MARKETING                                                 25



   The company launched a customer loyalty program in the form of
    „Oldest Pumps Contest for pumps
   KBL Completed market research surveys for pumps with applications
   KBL‟S communication team crafted advertisements &promotions for
    nuclear & thermal energy
   Seminars were organized in Kenya, Uganda and Tanzania focused
    on sugar industries as a part of the „Focus Africa‟ program
   Product exhibition & launches held in Nigeria to tap business
    potential.
STRATEGY AND POLICY                                               26



   Focus on profit driven sale with good cash flow
   Offering integrated fluid management sol
   To achieve operational excellence all factories are under QMS 2008
   Motor manufacturing capacity will be enhanced to 6000 units per
    month
   To make standard products a energy efficiency star product
   Kirloskar System ltd formed to address the need of system
    engineering & support services
RESULT                                                                27

   KBL is a leading manufacturer and exporter of centrifugal pumps, valves
    and allied equipment‟s in India
   KBL Sales in 2011-2012 exceeded US $ 590 Million with a market
    capitalization of more than US $ 350 million.
   KBL has created the world’s largest pumping scheme which will irrigate
    more than two million hectares of land and supply water to 4620 towns
    and villages in the state of Gujarat
   KBL also commissioned a water pumping scheme called The Devadula
    Scheme in Warangal in Andhra Pradesh supplying water to 4 drought
    prone socio-economically backward districts
   Carmaker Toyota Kirloskar Motor reported 26.09% jump in its sales at 6,361 units
    during August, 2012. Toyota Kirloskar Motor in a statement said that the company
    had sold 5,045 units in the corresponding month last year.
28
   KBL is one of the three manufacturers in the world who have
    manufactured and installed 200 kW Canned motor pumps for nuclear
    application .


   KBL is the first company to introduce Concrete Volume Pumps in India.

   Subsidiary company in England, SPP Pumps Limited (Acquired in 2003) is
    the undisputed leader in the Fire-fighting and Water Supply segments in
    Europe. They have recently launched lowest life cycle cost pumps in the
    UK successfully with large players like Thames Water preferring these
    energy efficient products.
POSTAL STAMP   29
30




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Kirlosker group family tree

  • 1. 1 Entrepreneurship Development PRESENTED BY- PRATIK KAREL; SHIVA KANT JAISWAL; ROHIT MISHRA; VAIBHAV HADA; PURNADAL BAGCHI; RAHUL SHRIVASTAVA; VIKRAM SINGH CHAUHAN
  • 2. KIRLOSKAR 2 GROUP THE KIRLOSKAR GROUP WAS FOUNDED IN THE YEAR 1888 BY THE LATE MR. L. K. KIRLOSKAR AND HAS A RICH ENGINEERING HERITAGE OF 123 YEARS. IT IS COUNTED AMONGST INDIA‟S LARGEST MULTI-PRODUCT, MULTI-LOCATION DIVERSIFIED ENGINEERING CONGLOMERATES WITH ANNUAL SALES OF $1.6 BILLION.
  • 3. KIRLOSKAR GROUP FAMILY TREE 3 LAKSMAN RAO KASHINATH KIRLOSKAR PRABHAKAR RAVI S.L. KIRLOSKAR KIRLOSKA KIRLOSKAR CHANDRAKAN SAROJINI SRIKANT VIJAY RAJARAM P.L. KIRLOSKAR T KIRLOSKAR AMIN KIRLOSKAR KIRLOSKAR KIRLOSKAR SUKUMAR AJIT ATUL SANJAY RAHUL VIKRAM KIRLOSKAR KIRLOSKAR ALOK
  • 4. 4 A brief history of India‟s largest multi- product and diversified engineering conglomerate Mr. L. K. Mr. S. K. Mr. C. S. Kirloskar Kirloskar Kirloskar
  • 5. Laying the foundation of Kirloskarwadi 5 • Mr. L. K. Kirloskar believed that an understanding of one's environment and reality was essential to manufacture path-breaking industrial implements. • In 1888, he set up his first venture - a small bicycle repair shop at Belgaum. Mr. L. K. • Strongly believing that agricultural implements must fit Kirloskar the milieu they are used in, he manufactured iron ploughs, the first Kirloskar product. • His dream was to build his own industry and community for his employees; he realised this dream with Kirloskarwadi, a place where he started the Kirloskar Brothers Limited factory in 1910. • He strongly believed in the theory of creation of wealth.
  • 6. India‟s First indigenous diesel engine 6 • He is credited with developing the manufacture of diesel • Son Of Mr. L. K. Kirloskar Earned a Bachelors of Science degree engine indigenously as an import substitute after India attained in Mechanical Engineering from MIT in Cambridge, independence. • Massachusetts and leadership the group enjoyed one of the Under his dynamic was among the batch of first Indians to graduate from MIT. in Indian history. highest growth rates • Mr. S. L. Kirloskar was amongst thinker and an Engineering • Today this Group is a global India's largest enterprising Mr. S. K. Kirloskar person who had the courage and the confidence in the Conglomerate. • potential of Mr. own Bihari Vajpayee, the then Prime Minister, In Feb 2003, his Atal country even in the pre-independence era. released a commemorative postage stamp marking Mr. S. L. Kirloskar's 100th anniversary. • He often said, "Economic preparedness is as vital as military preparedness.“ • He always looked at India as a part of the rest of the world and worked towards making India globally competitive. After the end of World War II, the group grew rapidly under his
  • 7. Chandrakant Kirloskar: Self-reliant, Strong Research and Engineering 7  Was a visionary who carried forward the legacy of his grandfather and father.  He strongly believed that sustained growth could only be possible through self reliance & being self sufficient.  He laid great emphasis on research and development Mr. C. S. Kirloskar activities, which according to him are the backbone of all engineering activities and believed in setting up systems and processes that even the companies from overseas would like to emulate.  He furthered the rapid progress and evolution of this organisation.
  • 8. Fourth Generation 8 Sanjay Kirloskar runs Kirloskar Brothers Ltd (KBL), Atul Kirloskar runs KOEL and Kirloskar Ferrous Industries Ltd, and their younger brother Rahul Kirloskar manages Kirloskar Pneumatic Co Ltd. Cousin Vikram manages the auto component joint ventures such as TKM and TKAP in Bangalore. All are fourth-generation Kirloskars. Sanjay Atul Kirloskar Rahul Kirloskar Vikram Kirloskar Kirloskar
  • 9. India's largest multi-product and 9 diversified engineering group The Kirloskar group comprises the following companies, which operate in the specialised areas of power, water, air and gas solutions, grey iron casting and metal processing. These group companies have left no stone unturned to achieve a leading position with respect to image and customer satisfaction in their respective verticals.
  • 10. Kirloskar Group Companies 10  Kirloskar Oil Engines Limited. (KOEL)  Kirloskar Brothers Limited. (KBL)  Kirloskar Pneumatic Company Limited. (KPCL)  Kirloskar Ferrous Industries Limited. (KFIL)  Kirloskar Integrated Technologies Ltd.(KITL)  Kirloskar Proprietary Limited. (KPL)  Kirloskar Industries Limited. (KIL)  Kirloskar Middle East FZE. (KMEF)
  • 11. 11
  • 13. The first Kirloskar Group Company 13 Kirloskar Brothers Limited (KBL) - the first Kirloskar venture at Kirloskarvadi was to become the base for all of the Kirloskar Group's subsequent enterprises. It began as the only Indian company with its own standard products - the fodder cutter and the iron plough, which competed with the British products. Incorporated in 1920, it leads in the design and manufacture of pumps, hydro-turbines, valves, and anti-corrosion products.
  • 14. Kirloskar Oil Engines Ltd. (KOEL) 14 Shantanurao Kirloskar, the eldest son of the founder travelled to Pune to initiate a new aspect of the group's activities - diesel engines. Shantanurao Kirloskar won a place for Kirloskar Oil Engines Ltd. (KOEL), twelve months after signing an agreement of collaboration with Associated British Oil Engines Export Ltd. of UK. The KOEL factory was incorporated in 1946
  • 15. To electric motors and pneumatics 15 Ravi Kirloskar, his youngest son, in 1946 set up the Kirloskar Electric Company limited (KECL) KECL's logo in the 40's In collaboration with Broom and Wade of England, Kirloskar Pneumatic Company Limited began the manufacture of air compressors and pneumatic tools.
  • 16. Kirloskar Pneumatic company 16 Pvt Ltd. Kirloskar Pneumatic Co Ltd (www.kirloskarkpcl.com): Incorporated in 1957, it is the leader in designing and manufacturing air compressors, air-conditioning and refrigeration and hydraulic power transmission. Competitors:- COMPANY Ingersoll rand Elgi equipments Revathi cp
  • 17. Kirloskar Ferrous Industries 17 Limited. (KFIL) Incorporated in 1992, it leads in the manufacture of grey Vision:- To be a product leader in pig iron & casting business iron castings, SG iron castings, pig iron, alloy steels and Mission:- investment castings. To become lowest cost, quality pig iron manufacturer amongst the secondary pig iron plants by: Reduced coke consumption Improved productivity Increased power generation To become preferred partner in casting business by: Supply of Quality castings Faster new product development On time delivery
  • 18. KFIL Timeline 18 1994 Year of inception 1994 Commercial production of Pig Iron from Mini Blast Furnace I 1995 Commercial production of Grey Iron castings 1995 Commercial production from Mini Blast Furnace II 1995 ISO 9002 certification 2001 QS 9000 certification 2002 ISO 14000 certification 2005 ISO / TS 16949:2002 2007 Acquired Solapur foundry from Kirloskar Oil Engines Ltd. 2007 Hot Blast Stove - I 2008 HPML Plant Solapur 2010 Hot Blast Stove - II 2010 Power Plant - III 2011 Sinter Plant
  • 19. Kirloskar Integrated Technologies 19 Ltd.(KITL) Provides VISION:- end-to-end decentralized sustainable energy solutions which are environment friendly, economically We will contribute to creating an eco-friendly world by developing and implementing self-reliant, affordable and sustainable technologies for distributed energy. viable, technically feasible and socially acceptable, using renewable energy technologies such as biofuels (biogas MISSION:- and biodiesel), straight vegetable oil (SVO), solar, wind,  Become a major player providing sustainable energy solutions to our customers, with micro-hydro, etc. increasing focus on green technologies  “Help Kirloskar Group Companies maximize the business potential for their products by developing system integration capabilities that support the KITL vision”  Work towards empowering the population at the grassroots to thrive on the locally developed economy by utilizing available renewable energy sources, and maximize business returns to KITL stakeholders
  • 20. Kirloskar Proprietary Limited. 20 (KPL) Kirloskar Proprietary Limited was established in the year 1965. Kirloskar Proprietary Ltd. is the registered owner of intellectual property consisting of various trademarks and copyrights in India and many foreign countries. it also looks after enhancing the image of Kirloskar brand.
  • 21. Kirloskar Middle East FZE. (KMEF) 21 Kirloskar Group has been active in the Middle East and Africa since the 1960s. A need was continuously felt to establish an identity in the region, which would be close to the end customers as well as the channel partners in the region. Kirloskar Middle East FZE (KMEF) was founded in November 1996 with the objective of further improving response to customers‟ requirements. KMEF is now expanding operations to include packaging of Compressor Engineered Sets and Pumpsets in UAE. Also new products are being introduced such as Refrigeration Systems, Gas Compressor Packages, Centrifugal and Screw Chillers etc. VISION:- We shall contribute significantly to achieve Kirloskar group vision and inculcate Kirloskar group values. MISSION:- To establish „KIRLOSKAR' as the preferred brand in MENA region for its products and services.
  • 22. Toyota Kirloskar Pvt Ltd. 22 The company Auto Parts Pvt. Ltd., (TKAP) is venture between Toyota Kirloskar Toyota Private Limited is Private Limited (TKMPL) Motor Kirloskar Motor joint an auto parts according to Corporation and the Kirloskar joint a major manufacturing company in India. TKAP is a play venture role in Toyota Motor its mission statement aims to Group, for the the development sales of Toyota cars in India. It currently is among Toyota Motorthe automotive industry and Industries the manufacture and of Corporation, Japan, Toyota the creation of largest car maker in India after Maruti through its dealer Corporation, Japan and Kirloskar not onlySuzuki, Hyundai, 4th employment opportunities, Systems Limited, Bangalore. network, but two plants, viz., 100% industries with a business TKAP is havingalso through ancillaryEOU, transmission plant Mahindra. philosophy of "Putting Customer First". and a domestic axles plant. In the EOU Plant, TKAP manufactures transmissions and is a key supplier for the Toyota both globally and locally
  • 23. Economic downturn hit group 23 hard All was not well in the Kirloskar group. The Kirloskar group companies had been passing through difficult times. The downturn in the economy coupled with the slump in the capital and engineering industry, had affected bottom lines of group companies. The respected Kirloskar name took a beating when the finance company in the group Kirloskar Finance & Investment defaulted on deposits and was unable to pay off depositors. This was further damaged when Vijay Kirloskar sold his stake in the finance company to the Ahmedabad-based businessman Hari Singh Champawat. Inability to pump in investments into the joint venture with Toyota also affected the group.
  • 24. STEPS FOR IMPROVEMENT 24  There are complex cross-holdings between the Kirloskar group companies.  There was split in the family business  that there would be no change in the holding patterns of the companies.  The separation is of management and control.  The separation is based on shareholding and not on geography
  • 25. GLOBAL MARKETING 25  The company launched a customer loyalty program in the form of „Oldest Pumps Contest for pumps  KBL Completed market research surveys for pumps with applications  KBL‟S communication team crafted advertisements &promotions for nuclear & thermal energy  Seminars were organized in Kenya, Uganda and Tanzania focused on sugar industries as a part of the „Focus Africa‟ program  Product exhibition & launches held in Nigeria to tap business potential.
  • 26. STRATEGY AND POLICY 26  Focus on profit driven sale with good cash flow  Offering integrated fluid management sol  To achieve operational excellence all factories are under QMS 2008  Motor manufacturing capacity will be enhanced to 6000 units per month  To make standard products a energy efficiency star product  Kirloskar System ltd formed to address the need of system engineering & support services
  • 27. RESULT 27  KBL is a leading manufacturer and exporter of centrifugal pumps, valves and allied equipment‟s in India  KBL Sales in 2011-2012 exceeded US $ 590 Million with a market capitalization of more than US $ 350 million.  KBL has created the world’s largest pumping scheme which will irrigate more than two million hectares of land and supply water to 4620 towns and villages in the state of Gujarat  KBL also commissioned a water pumping scheme called The Devadula Scheme in Warangal in Andhra Pradesh supplying water to 4 drought prone socio-economically backward districts  Carmaker Toyota Kirloskar Motor reported 26.09% jump in its sales at 6,361 units during August, 2012. Toyota Kirloskar Motor in a statement said that the company had sold 5,045 units in the corresponding month last year.
  • 28. 28  KBL is one of the three manufacturers in the world who have manufactured and installed 200 kW Canned motor pumps for nuclear application .  KBL is the first company to introduce Concrete Volume Pumps in India.  Subsidiary company in England, SPP Pumps Limited (Acquired in 2003) is the undisputed leader in the Fire-fighting and Water Supply segments in Europe. They have recently launched lowest life cycle cost pumps in the UK successfully with large players like Thames Water preferring these energy efficient products.

Notas del editor

  1. Laxmanrao Kashinath Kirloskar
  2. Shantanurao Laxmanrao Kirloskar