Krohne Marshall sets up shop in MIDC

Krohne Marshall, manufacturers of flow metres, level and density instruments, have announced the opening of their new premises in Maharashtra Industrial development Corporation (MIDC), Pune.

The company has also introduced the largest flowmetre calibration facility in the country. Krohne Marshall is a part of the Rs 250 crore energy conversation and process automation major Forbes Marshall.

"We have invested Rs 4.5 crore for setting up this new facility spread across 18,000 square feet. With this expansion we will have the largest flowmetre calibration facility in the country upto 2,000 millimetre in diametre," said Farhad Forbes.

Forbes said, "We grew at 20-25 per cent last year to become a Rs 38 crore company. We are targetting 27-30 per cent growth this year."

"With this expansion we have increased our production capacity from the present 10,000 flowmetering and level devices per annum by more than 50 per cent. We will further double it in the next three years time," he added.

The company is a 50:50 joint venture between the "�"�euro"�"� 230 million Krohne Messtechnik GmbH and Co KG, Dulsburg, Germany and Forbes Group.

Micheal Dubbick, managing director, Krohne Messtechnik GmbH said, "In Asia, India is the biggest market for us after China. We have Asia's largest calibration rig with a diametre of 3,000 millimetre in Chengde, China and also the largest calibration rig for electromagnetic flowmetre in Shangai. We sell in China five times more than that in India. As we are introducing these new manufacturing capacities here, we are expanding the market and hope for it to equal China in due course."

"Kronhe Marshall has upto 40 per cent market share, and has recently bagged a project from Oil and Natural Gas Commission (ONGC) valued at Rs 50 crore for flowmetering skids for crude oil supply to HPCL and BPCL refineries in Mumbai. The project requires the flowmeters to supply information whether crude oil or water is being transported to the pipes, the quantity of crude oil being transported and the quality of crude oil for further processing," said Kiran Vohra, chief executive and director, Forbes Marshall.