WPIL acquired stake in Modi Industries, a pump manufacturing and marketing company operating in Thane, Maharashtra, thereby making it its wholly owned subsidiary.
WPIL acquired 100 per cent stake in Modi Industries. The acquisition will allow WPIL to further strengthen its product offering and penetrate into the sewage and dewatering market sectors. Mody Pumps is a pioneer in the field of dewatering sewage submersibles and is preferred brand in the market place besides being the only approved dewatering brand with the Indian Navy.