CRI Pumps has inaugurated Phase-I of its manufacturing unit in the Special Economic Zone (SEZ) of State Industries Promotion Corporation of Tamil Nadu at Perundurai, in Tamil Nadu.
Phase-I of the unit, with a production capacity of one lakh pump sets per annum, has been set up with an investment of Rs 30 crore. It will manufacture stainless steel submersible pumps, motors, vertical multistage pumps, pressure boosting systems, and industrial pumps.
The project is spread over 20 acre and pump sets produced in this unit will cater to sectors like industry, residences, irrigation, water supply, mining, oil and gas, buildings, waste water, and civil projects.
In Phase-II, the company is planning to invest Rs 30-40 crore for expansion of the unit.