Press release
India Pump Market to Reach USD 4.14 Billion by 2030 | Centrifugal Pumps Hold 63% Share - Arizton
India Pump Market Research Report by Arizton
According to Arizton's latest research report, the India pump market [https://www.arizton.com/market-reports/pump-market-india-market-size-analysis] is growing at a CAGR of 6.12% during 2024-2030.
Looking for More Information? Click: https://www.arizton.com/market-reports/pump-market-india-market-size-analysis
Report Scope:
Market Size (2030): USD 4.14 Billion
Market Size (2024): USD 2.90 Billion
CAGR (2024-2030): 6.12%
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Operation, Power Output, Product, Centrifugal Pump, Reciprocating Pump, Rotary Pump, Distribution Channel, End-User, Industrial, Commercial, Agricultural End-Users, and Geography
Geographic Analysis: Western (Maharashtra, Gujarat, Madhya Pradesh, Rajasthan), Southern (Tamil Nadu, Karnataka, Andhra Pradesh, Telangana), Northern (Uttar Pradesh, Punjab, Haryana, Delhi), And Eastern (West Bengal, Odisha, Bihar, And Assam)
Solar-Powered Pumps Leading Energy Efficiency in the Indian Pump Market
India pump market is entering a new growth phase driven by rising adoption of solar-powered and energy-efficient pumping systems across agriculture and rural infrastructure. National schemes like PM-WHERE, which aims to deploy over National Solar Mission, targeting 100 GW of solar capacity, continue to strengthen clean energy integration in irrigation. Innovative projects such as Gujarat's canal-top so and scalable hybrid pump models under community-led initiatives are further expanding access to reliable water supply while reducing diesel dependence and operating costs for farmers.
As states ramp up investments in renewable energy and rural electrification, demand is growing for smart off-grid pump solutions, localized production, as, digital pump management is creating new competitive opportunities in an evolving market that is expected to see sustained expansion over the next decade.
IoT-Enabled Smart Pumps and Automation Strengthen India Pump Market Outlook
The industrial and agricultural pump sectors in India are progressively embracing IoT-enabled pumping systems and Variable Frequency Drives (VFDs) to enhance energy efficiency and reduce operational downtime. Government initiatives aimed at promoting energy-efficient agricultural pumps with remote monitoring capabilities are accelerating this market evolution.
Leading manufacturers are driving innovation with smart solutions, Kirloskar Brothers Ltd, for instance, has launched 'KirloSmart,' an IoT-based pump monitoring system that offers users real-time monitoring and troubleshooting capabilities. Alongside this, technology platforms are enabling improved water management and increased productivity in key regions. Additionally, the growing adoption of solar-powered irrigation pumps, supported by national subsidy programs, is further accelerating renewable energy integration in agriculture.
India Pump Market Update: Key Developments in 2025
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In February 2025, Grundfos launched its energy-efficient MIXIT HVAC solution and IE5 pump systems at ACREX India, targeting improved efficiency in data centers and district cooling.
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In April 2025, Havells India invested USD 70.49 million to acquire a 9.24% stake in Goldi Solar, strengthening its foothold in the renewable energy sector with reliable solar module supply.
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In July 2025, Shakti Pumps Limited committed approximately USD 1.4 million to expand solar cell and module manufacturing through its subsidiary Shakti Energy Solutions, enhancing its presence in the growing solar pump market.
Centrifugal Pumps Segment Holds 63% Share, Driving Efficiency in Industrial and Agricultural Market
The Indian centrifugal pump market, led by major players like Kirloskar Brothers Limited, Grundfos India, and KSB Pumps, continues to dominate with over 63% market value share. These pumps are favored for their flexible operation, low maintenance, and integration of cutting-edge technologies such as IE5 motors delivering up to 30% energy savings and magnetically coupled seal-free designs.
Regional demand is driven by Maharashtra and Gujarat's industrial and municipal water projects, while Tamil Nadu and Karnataka focus on agriculture and wastewater applications, supported by state incentives and strong infrastructure investments.
Modern centrifugal pumps now feature smart technologies including cloud-based remote monitoring and adaptive impeller systems, boosting hydraulic performance and energy efficiency. Government policies promoting water management and industrial modernization further strengthen the market's growth outlook.
Western Region Captures the largest share of the India Pump Market throughout the forecast period
In 2024, the Western region captured the largest share of the India pump market, accounting for around 33%, driven by strong industrial demand in manufacturing hubs like Maharashtra and Gujarat. Maharashtra alone contributes 13.8% of India's industrial output and attracts 30% of the country's total Foreign Direct Investment (FDI) since 2000, underscoring its significance in the pump market.
Meanwhile, the Eastern region is set to be the fastest-growing market with a CAGR of 7.77%, fueled by government initiatives focused on rural infrastructure and the development of new industrial corridors in Bihar, Odisha, and West Bengal. Notably, Odisha's approval of eight mega industrial projects worth USD 17.76 billion in 2025 is expected to significantly boost pump demand in the region.
Read the full report: https://www.arizton.com/market-reports/pump-market-india-market-size-analysis
Key Company Profiles
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Crompton Greaves Consumer Electricals Limited
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WPIL Limited
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Flowserve Corporation
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Jyoti Ltd.
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Roto Pumps Limited
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Kirloskar Brothers Limited
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KSB Limited
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Shakti Pumps (India) Ltd.
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Oswal Pumps Limited
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Lubi Industries LLP
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C.R.I. Pumps Private Limited
Other Prominent Vendors
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AQUA Group
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Angel Pumps (P) Limited
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Best Pumps (India) Pvt. Ltd.
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CNP Pumps India Pvt. Ltd.
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Deccan Industries
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Dover India Private Limited
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Duke Pumping Solutions Private Limited
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EKKI Water Technologies
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Ellen Group
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Endura Pumps
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Falcon Pumps Pvt. Ltd.
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Grundfos Holding A/S
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Havells India Ltd.
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Jasco Pump Pvt. Ltd.
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Kishor Pumps Pvt. Ltd.
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KIRLOSKAR EBARA PUMPS LIMITED
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Mahendra Pumps Pvt. Ltd.
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MAK Pump Industries
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Maxwell Engineering Solutions
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MBH Pumps (Guj) Pvt. Ltd.
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Protecto Engineering Pvt. Ltd.
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PSP Pumps Pvt. Ltd.
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Sabar Hydrotech LLP
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SAM Turbo Industry Private Ltd.
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Swastik Engineering
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Suguna Pumps
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Sintech Precision Products Ltd.
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Latteys Industries Limited
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Texmo Industries
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V-Guard Industries Ltd.
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Waterman Industries Pvt. Ltd.
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Xylem Inc.
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Yathi Pumps
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La-Gajjar Machineries Pvt. Ltd.
Market Segmentation & Forecast
By Operation
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Electrical
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Mechanical
By Power Output
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Low Power
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Medium Power
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High Power
By Product
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Centrifugal
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Reciprocating
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Rotary
By CentrifugalPump
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Single-stage
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Multi-stage
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Submersible
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Turbine
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Others
By ReciprocatingPump
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Piston
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Diaphragm
By RotaryPump
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Gear
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Lobe
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Peristaltic
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Vane
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Others
By Distribution Channel
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Offline
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Online
By End-user
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Industrial
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Agricultural
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Commercial
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Residential
By Industrial
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Water & Wastewater
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Oil & Gas
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Power
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Chemical
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Food & Beverage
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Mining
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Pharmaceutical
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Others
By Commercial
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Public Utilities
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Office Complexes
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Hospitality
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Others
By Agricultural End-users
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Borewell
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Openwell
By Geography
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Western
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Maharashtra
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Gujarat
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Madhya Pradesh
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Rajasthan
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Southern
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Tamil Nadu
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Karnataka
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Andhra Pradesh
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Telangana
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Northern
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Uttar Pradesh
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Punjab
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Haryana
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Delhi
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Eastern
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West Bengal
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Odisha
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Bihar
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Assam
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What Key Findings Will Our Research Analysis Reveal?
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How big is the India pump market?
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What is the growth rate of the India pump market?
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Who are the key players in the India pump market?
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Which region dominates the Indian pump market share?
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What are the significant trends in the India pump market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers innovative research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
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