Page 86 - The Textile Magazine April 2012

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The Textile Magazine
APRIL 2012
Cummins
completes 50 years
of consistent growth in India
corporate
Cummins, the leading manufac-
turer of engines, generators and re-
lated components and technologies,
completed 50 years of its operations
in India on April 11.
From a humble beginning in 1962,
when it started as a joint venture in
India operating one manufactur-
ing plant in Pune, in its 50th year,
Cummins has grown to incorporate
eight legal entities (including those
affiliated) which collectively oper-
ate 20 manufacturing facilities and
employ close to 14,000 individu-
als across as many as 200 locations
in the country. These eight entities
are Cummins India Ltd., Cummins
Generator Technologies India Ltd.,
Cummins Technologies India Ltd.,
Cummins Research & Technology
India Ltd., Fleetguard Filters Pvt.
Ltd., Tata Cummins Ltd., Valvoline
Cummins Ltd., and KPIT Cummins
Infosystems Ltd.
Mr. Anant J. Talaulicar, Manag-
ing Director, Cummins Group in In-
dia, said: “Completing fifty glorious
years evokes a great sense of pride
for not only all of us in India but also
the larger Cummins family across
the world. With combined sales of
$2.3 billion in 2011, our businesses
in India continue to grow profitably
at double-digit rates. Cummins in
India is the sub-continent’s largest
diesel and natural gas engine and
generator manufacturer, and with the
megasite project fully underway at
Phaltan, we are strongly positioned
to achieve our future growth targets
of becoming a $7 billion group in
five years. With a collective base of
14,000 employees in four wholly or
majority-owned and four joint ven-
ture entities, we are privileged to
have grown significantly as an em-
ployer of choice in our sector in the
country.”
In keeping with Cummins’ philos-
ophy of diversity in the workplace,
the company has also endeavored
to realize a greater representation
of women in its overall employee
strength and has catapulted the per-
centage of women employees across
its product businesses from five per
cent in 2005 to 25 per cent in 2011.
Cummins aims to further grow this
number to 30 per cent by the end of
this year and to 50 per cent by 2015.
Over the last five decades, Cum-
mins has not only expanded its busi-
ness but also played a significant
role in corporate responsibility. The
Cummins India Foundation (CIF),
incorporated in 1990, channelizes
the company’s CR initiatives to-
Mr. Anant J. Talaulicar,
Managing Director, Cummins Group in India