Published On:March 28 2014
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ABB eyes rural market with Solar Pumps, aims 25% growth.
ABB India Limited is aiming to penetrate into rural market with its Solar Pump Drive, which is capable of replacing the conventional water pumps that are run by diesel or electricity.
The pump would make irrigation cheaper for the farmers in the dry-land areas. According to company official, so far 200 installations have been made in states like Gujarat, Rajasthan, Madhya Pradesh and Tamil Nadu.
'We have received encouraging response from the users of these pumps. The solar pumps reduce use of costly diesel. Also, such pumps are ideal for the remote off-grid areas, where there is no electricity. We expect our sales to grow by 20-25 per cent over the next couple of years,' Ajay Kawadikar, vice-president, Country Solar ISI Manager, ABB India Ltd. told Business Line.
HBL