India Industrial Pump Market Size and Share

India Industrial Pump Market (2025 - 2030)
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India Industrial Pump Market Analysis by Mordor Intelligence

The India industrial pump market size reached USD 0.97 billion in 2025 and is forecast to climb to USD 1.23 billion by 2030, expanding at a 4.8% CAGR.[1]Ministry of Finance, “Union Budget 2024-25,” INDIABUDGET.GOV.IN The solid growth stems from sustained government capex under the National Infrastructure Pipeline, widening wastewater treatment coverage, and the steady shift toward smart, energy-efficient pumping systems. Centrifugal designs still dominate high-volume applications, yet positive-displacement variants are advancing quickly as specialty chemicals, mining, and refinery upgrades call for precise, high-pressure flow. Solar-powered installations are also scaling, aided by falling photovoltaic costs and industrial decarbonization targets under PM-KUSUM, while volatile steel prices and low-cost Chinese imports continue to weigh on profit margins. Competition hinges on service depth, API 610 compliance, and Industrial IoT integration, all of which favour incumbents with R&D and nationwide after-sales networks.

Key Report Takeaways

  • By pump type, centrifugal models held 65.55% of the India industrial pump market share in 2024, whereas positive-displacement pumps are projected to post a 6.92% CAGR through 2030.
  • By end-user, water and wastewater treatment captured 29.15% of the India industrial pump market size in 2024, while mining is expected to expand at a 7.41% CAGR to 2030.
  • By driver type, electric-motor units commanded 78.07% of the 2024 value, yet solar-powered systems are on track for an 11.11% CAGR through 2030.
  • By installation, surface pumps accounted for 58.04% of 2024 demand; submersible variants are forecast to grow at a 7.53% CAGR between 2025 and 2030.[2]Crompton, “Centrifugal Pump Vs. Submersible Pump,” CROMPTON.CO.IN

Segment Analysis

By Pump Type: Centrifugal Dominance Faces Positive-Displacement Challenge

Centrifugal models commanded 65.55% of 2024 revenue of the India industrial pump market size, because they efficiently move large flows at moderate heads in water, cooling, and general process loops. Positive-displacement pumps, though only 34.45% of shipments, are set for a 6.92% CAGR by 2030, outstripping centrifugal’s 4.1% pace as specialty chemical and pharma customers demand precise metering under variable viscosities. Vendors are closing the gap by adding magnetic drives and ceramic bearings to centrifugal lines, while PD makers push higher-speed, compact skids for brown-field retrofits. IoT retrofits blur lines further, letting operators benchmark efficiency in real time and switch technologies based on duty cycle analytics. Over the forecast, centrifugal unit volumes will still dwarf PD counts, yet PD value share will rise on premium pricing for exotic alloys and seamless architectures that curb fugitive emissions.

India Industrial Pump Market: Market Share by Pump Type
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By End-User Industry: Mining Surge Reshapes Demand Patterns

Water and wastewater accounted for 29.15% of the India industrial pump market share in 2024 on the back of Jal Jeevan and urban STP investments valued above INR 3.6 lakh crore. Mining, though only 8.4% of current sales, leads with a 7.41% CAGR as Coal India and steel majors increase mechanized output. Dewatering, slurry, and tailings lines call for abrasion-resistant elastomers and duplex stainless steels, lifting ASPs. Oil and gas remain a steady buyer through refinery upgrades, while chemicals leverage import-substitution policies to spur PD pump adoption. Regional clusters such as Chhattisgarh iron-ore belts or Odisha chromite pits will show double-digit spends, whereas mature thermal power plants mostly allocate capex for replacements rather than expansions.

By Driver Type: Solar Revolution Transforms Energy Landscape

Electric-motor systems formed 78.07% of 2024 shipments, aided by grid reliability in western and southern industrial corridors. Nevertheless, solar pump arrays are racing ahead, set to cross 9% share by 2030 as the India industrial pump industry pivots to onsite renewables. Falling module prices, MNRE subsidies, and stringent ESG audits spur breweries, dairies, and auto OEMs to install hybrid solar-battery packages. Engine-driven units, historically popular for remote mines and standby firefighting, will slip below a 10% share as diesel prices exceed INR 100 per liter and emission norms tighten. Hybrid diesel-solar solutions may emerge in off-grid mines, yet pure solar is expected to outstrip them once battery costs sink another 20%.

India Industrial Pump Market: Market Share by Driver Type
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Note: Segment shares of all individual segments available upon report purchase

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By Installation: Submersible Growth Reflects Space Constraints

Surface pumps held 58.04% of billings in 2024, yet city-fringe real-estate premiums and deeper borewells are lifting submersible sales at a 7.53% CAGR. Metro-area factories prefer submersibles for noise abatement and smaller footprints, while mining dewatering benefits from motors located underwater for better cooling. Advanced seal rings and high-chrome casings resolve past reliability doubts, and IoT sensors now relay motor temp and vibration even when submerged. Surface designs maintain relevance where easy maintenance trumps space, particularly in mega-capacity desal plants. The choice increasingly hinges on total installed cost: submersibles tally higher hardware but lower civil works, whereas surface units flip the equation.

Geography Analysis

Gujarat and Maharashtra absorbed 35% of 2024 shipments owing to petrochemical giant complexes at Jamnagar and the Pune-Mumbai auto belt.[3]Ministry of Electronics and Information Technology, “PLI Scheme Progress Report,” MEITY.GOV.IN The India industrial pump market in southern states is the fastest growing at 6.2% CAGR to 2030 as Tamil Nadu electronics clusters and Karnataka’s clean-energy hubs demand precision pumps and utility upgrades. Northern states led by Uttar Pradesh and Haryana draw capex from the Delhi-Mumbai Industrial Corridor, funnelling pump orders for effluent treatment and cooling water loops. Eastern territories such as Odisha log healthy mining-related demand but lag in basic infrastructure, capping growth. Electricity tariffs and state pollution norms shape purchasing, strict discharge limits in Maharashtra tilt demand toward corrosion-resistant PD pumps, while relaxed standards in some eastern pockets keep commodity centrifugal units viable. Emerging industrial parks in Rajasthan and Madhya Pradesh offer long-run upside as they court manufacturing diversification away from coastal congestion.

Competitive Landscape

The India industrial pump market displays moderate fragmentation: the top five suppliers control roughly 45%, assigning a 6/10 concentration score. Domestic stalwarts Kirloskar Brothers, CRI, and Shakti Pumps collectively hold close to 25%, leveraging price agility and dense service depots. Multinationals KSB, Grundfos, and Xylem command another 20% by offering API 610-ready skids and advanced analytics platforms. Chinese imports seize share in standard water applications but struggle in lifecycle tenders that mandate service guarantees. Strategic differentiators now include remote diagnostics, energy-efficiency certifications, and turnkey solar integration. Kirloskar’s FY25 profit jump of 89.88% reflects its pivot to high-margin refinery retrofits, while Grundfos and Xylem intensify IoT rollouts targeting OPEX savings. Solar-centric Shakti Pumps is capitalizing on PM-KUSUM orders, whereas V-Guard’s 2025 entry signals impending price battles in mid-duty segments. The race to localize exotic alloys and integrate additive-manufactured impellers may redraw market lines by 2030.[4]ABB, “Water company in Brazil gets 25% energy savings and better uptime,” NEW.ABB.COM

India Industrial Pump Industry Leaders

  1. Usha International Limited

  2. Crompton Greaves Consumer Electricals Limited

  3. CRI Pumps Pvt. Ltd.

  4. Grundfos AS

  5. Kirloskar Brothers Limited

  6. *Disclaimer: Major Players sorted in no particular order
India Industrial Pump Market Concentration
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Recent Industry Developments

  • March 2025: Kirloskar Brothers posted 89.88% profit growth in Q2 FY25 on strong NIP-linked orders
  • February 2025: Shakti Pumps won an INR 450 crore contract for 12,537 industrial solar pump sets in Uttar Pradesh
  • January 2025: V-Guard Industries announced diversification into industrial pumps, leveraging its consumer brand equity
  • December 2024: CRI Pumps expanded its Coimbatore plant by 30% to boost API 610 capacity

Table of Contents for India Industrial Pump Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition - Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government cap-ex under National Infrastructure Pipeline (NIP)
    • 4.2.2 Rapid expansion of wastewater treatment capacity
    • 4.2.3 Brown-field expansion in Indian refineries
    • 4.2.4 Increasing solar-powered pump installations in industries
    • 4.2.5 Shift toward API 610/ISO 13709-compliant pumps
    • 4.2.6 Industrial IoT-enabled predictive-maintenance adoption
  • 4.3 Market Restraints
    • 4.3.1 Import surge of low-cost Chinese pumps
    • 4.3.2 High total cost of ownership (energy + maintenance)
    • 4.3.3 Volatility in steel and copper prices
    • 4.3.4 Lengthy approval cycles in public sector projects
  • 4.4 Industry Value-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Pump Type
    • 5.1.1 Centrifugal
    • 5.1.2 Positive-Displacement
  • 5.2 By End-user Industry
    • 5.2.1 Oil and Gas
    • 5.2.2 Water and Wastewater
    • 5.2.3 Chemicals and Petrochemicals
    • 5.2.4 Power Generation
    • 5.2.5 Mining
    • 5.2.6 Other End-User Industry
  • 5.3 By Driver Type
    • 5.3.1 Electric-motor Driven
    • 5.3.2 Engine-Driven (Diesel/CNG)
    • 5.3.3 Solar-Powered
  • 5.4 By Installation
    • 5.4.1 Surface Pumps
    • 5.4.2 Submersible Pumps

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Kirloskar Brothers Limited
    • 6.4.2 KSB SE and Co. KGaA (India)
    • 6.4.3 CRI Pumps Private Limited
    • 6.4.4 Grundfos Pumps India Private Limited
    • 6.4.5 Xylem Inc. (India)
    • 6.4.6 Shakti Pumps (India) Limited
    • 6.4.7 Crompton Greaves Consumer Electricals Limited
    • 6.4.8 CNP Pumps India Private Limited
    • 6.4.9 Falcon Pumps Private Limited
    • 6.4.10 Chemlin Pumps and Valves Private Limited
    • 6.4.11 La-Gajjar Machineries Private Limited
    • 6.4.12 Kishor Pumps Private Limited
    • 6.4.13 Unnati Pumps Private Limited
    • 6.4.14 V-Guard Industries Limited
    • 6.4.15 Flowserve India Controls Private Limited
    • 6.4.16 Sulzer Pumps India Private Limited
    • 6.4.17 Wilo Mather and Platt Pumps Private Limited
    • 6.4.18 Ebara Pumps India Private Limited
    • 6.4.19 ITT Goulds Pumps India Private Limited
    • 6.4.20 Roto Pumps Limited
    • 6.4.21 Netzsch Technologies India Private Limited
    • 6.4.22 Armstrong Fluid Technology (India) Private Limited
    • 6.4.23 Alfa Laval India Private Limited
    • 6.4.24 Peerless Pump India Private Limited

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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India Industrial Pump Market Report Scope

Industrial pumps are mechanical devices designed to move fluids (liquids or gases) from one place to another within industrial settings. They are crucial in various industries, including manufacturing, oil and gas, chemical processing, power generation, water treatment, agriculture, and construction. Industrial pumps are designed to handle different fluids, including water, chemicals, petroleum products, slurry, wastewater, and more. Industrial pumps are characterized by their ability to generate high pressure or flow rates to meet specific application requirements. They come in various types, each suitable for specific applications.

The Indian industrial pump market is segmented by type and end-user Industry. By type, the market is segmented into Centrifugal Pump and Positive Displacement Pump. By end-user Industry, the market is segmented into Oil and Gas, Water and Wastewater, Chemicals and Petrochemicals, Mining, Power Generation, and Other End-user Industries. For each segment, the market sizing and forecasts have been done based on revenue capacity in USD.

By Pump Type
Centrifugal
Positive-Displacement
By End-user Industry
Oil and Gas
Water and Wastewater
Chemicals and Petrochemicals
Power Generation
Mining
Other End-User Industry
By Driver Type
Electric-motor Driven
Engine-Driven (Diesel/CNG)
Solar-Powered
By Installation
Surface Pumps
Submersible Pumps
By Pump Type Centrifugal
Positive-Displacement
By End-user Industry Oil and Gas
Water and Wastewater
Chemicals and Petrochemicals
Power Generation
Mining
Other End-User Industry
By Driver Type Electric-motor Driven
Engine-Driven (Diesel/CNG)
Solar-Powered
By Installation Surface Pumps
Submersible Pumps
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Key Questions Answered in the Report

What is the forecast value of the India industrial pump market in 2030?

The market is projected to reach USD 1.23 billion by 2030 based on a 4.8% CAGR.

Which pump type currently holds the largest share?

Centrifugal pumps account for 65.55% of 2024 revenue due to versatility in water and process duties.

Which end-user segment will grow the fastest through 2030?

Mining is expected to register a 7.41% CAGR as coal and iron-ore projects expand mechanization.

How fast are solar-powered pumps growing?

Solar-powered installations are projected to advance at an 11.11% CAGR through 2030 as firms pursue renewable energy savings.

Which regions are driving the highest demand?

Gujarat and Maharashtra lead with 35% combined share, while Tamil Nadu and Karnataka are the fastest expanding at a 6.2% CAGR.

What factors most influence purchasing decisions?

Lifecycle energy costs, API 610 compliance, and Industrial IoT readiness are the top criteria for industrial buyers.

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