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The Textile Magazine
OctoBER 2011
of consumers of compressed air and
gas. Included in this segment are
also a wide range of pneumatic and
electric tools such as grinders, drills,
impact wrenches, screw drivers, nut
runners, etc.
The key markets for air and gas
compressors are engineering, auto-
motive, textiles, cement, pharma-
ceuticals, PET blowing, power gen-
eration, etc. Pneumatic and electric
tools are primarily used in automa-
tion of assembly processes and con-
trolled tightening systems. The key
markets for these tools are the auto-
motive industry and aftermarkets as
well as general industry.
This segment has achieved reve-
nue of Rs. 1,080 crores during 2010
as compared to the previous year’s
Rs. 775 crores, a growth of 40 per
cent.
The industrial segment has wit-
nessed growth in volumes and prof-
itability due to surge in demand in
power and water well sectors and
quick recovery in automobile and
general industry. Introduction of
custom-designed engineered prod-
ucts for oil and gas markets also
supplemented the growth.
The contribution from aftermar-
ket parts and service continued at
the same pace. Introduction of new
products and services, better price
realization, coupled with reduction
in costs, and favorable exchange
rates in most part of the year helped
the segment to improve the bottom-
line.
Atlas Copco foresees strong
growth in compressors in all in-
dustries where it is present, includ-
ing oil and gas, power generation,
heavy industries (such as cement
and steel), infrastructure, chemical
and pharmaceutical industry, along
with broad general manufacturing
industrial sector.
Atlas Copco has its leading posi-
tions in compressors, expanders and
air treatment systems, construction
and mining equipment, power tools
and assembly systems. With innova-
tive products and services, it deliv-
ers solutions for sustainable produc-
tivity.
The company, founded in 1873 in
Stockholm, has a global reach span-
ning more than 170 countries. In
2010, it had about 33,000 employ-
ees.
Atlas Copco’s Compressor Tech-
nique business area provides indus-
trial compressors, gas and process
compressors and expanders, air and
gas treatment equipment and air
management systems. It has a global
service network and offers specialty
rental services.
Compressor Technique innovates
for sustainable productivity in the
manufacturing, oil and gas, and
process industries. Principal prod-
uct development and manufacturing
units are located in Belgium, Ger-
many, the US, China and India.
Atlas Copco (India) Ltd. started
operations in 1960. It has 22 of-
fces across the country, with its
registered offce in Pune. In 2010, it
had about 1,800 employees and rev-
enues of Rs. 1,700 crores.
w
Mr. Chris Lybaert, President, Oil-free Air Division, Mr. Stephan Kuhn, Business Area President, and
Mr. Peter Wagner, President, Gas and Process Division, Atlas Copco
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