94 CHAPTER-I 1.1 INTRODUCTION Exports has a vital role to play in the economic development of a nation .It is an important key factor in deciding the sustained rate of economic growth of the country. Export is very essential for any nation as it provides ample employment opportunities, brings efficient industrialization. Enable to earn foreign exchange and solve Bop problems .India’s export has a manifold increase since june1991, due to liberalization, globalization and privatization and this had led to a paradigm shift in the Indian economy from import substitution-led growth to export- led growth Indian pump industry at present met the pump requirements of 95% of applications. Now a days pumps are purchased based on life cycle cost analysis. Hence, user will have to keep a track record of all the pumps for expenditure on utilities consumption, spare parts consumption, maintenance etc. and give feedback to consultants and manufacturers. For any technical problem, the user should contact consultant if they do not get satisfactory services from manufacturer. Manufacturers to ensure that maximum possible indigenous pumps are locally available & thus avoid import of pumps. Thus
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94
CHAPTER-I
1.1 INTRODUCTION
Exports has a vital role to play in the economic development of a nation .It is an
important key factor in deciding the sustained rate of economic growth of the country.
Export is very essential for any nation as it provides ample employment opportunities,
brings efficient industrialization. Enable to earn foreign exchange and solve Bop
problems .India’s export has a manifold increase since june1991, due to liberalization,
globalization and privatization and this had led to a paradigm shift in the Indian economy from
import substitution-led growth to export-led growth
Indian pump industry at present met the pump requirements of 95% of applications.
Now a days pumps are purchased based on life cycle cost analysis. Hence, user will have to
keep a track record of all the pumps for expenditure on utilities consumption, spare parts
consumption, maintenance etc. and give feedback to consultants and manufacturers. For any
technical problem, the user should contact consultant if they do not get satisfactory services
from manufacturer.
Manufacturers to ensure that maximum possible indigenous pumps are locally available
& thus avoid import of pumps. Thus save on foreign exchange. Depending on feasibility study
import substitute as well as export market can be explored. For example, Ceramic pumps, High
performance alloys, High precision gear pump for spinning m/c. in manmade fiber industry,
peristaltic pumps, magnetic drive pumps etc. Pumps consume about 30% total power. Pump is
an item which will consume more energy throughout its life if it is not energy efficient. Hence,
it is necessary to improve on energy efficiency of the pump. Even for small Kw rating it is
essential to have high energy efficiency because in future, we will likely to use solar energy
where pump efficiency plays vital role.
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Government to ensure that export/import policies, excise duty, custom duty policies
should be such that Indian Pump Industry growth is not hampered. Through NATIONAL
ADVISORY COUNCIL (NAC) recommendation should be obtained as to how Indian Pump
Industry become competitive in the world market. Government to ensure that motor industry
develops high efficiency motors indigenously on priority basis. Govt. should develop a
platform on internet where anybody can give suggestions for improvement
The Indian pump manufacturers have traditionally catered to the needs of domestic
market. In India, pumps are mainly used for pumping water from wells in households. With
the effect of LPG (Liberalization, Privatization and Globalization) the Indian pump
manufacturers have started exporting to foreign countries, where pumps are used for various
purposes in different industrial sectors like, oil refineries, steel mills, mines etc. This has led to
the increasing trend in export of pumps.
Absorption of technology has been commendably high across the industry both in the
manufacture of pumps to international quality and also in competency resolving field
problems. Hence, even after globalization, imports of pumps have not had any disturbing
effect on the indigenous manufacture.
Most MNCs were initially interested in exporting to the Indian market, but soon
realized the need and economic viability of indigenous manufacturing and working out a joint
venture or foreign direct investment for manufacturing. Apart from labour being cheap,
availability of technologically skilled and knowledgeable manpower with communicative
competence made them to favorably consider the above. MNCs feel that manufacturing base
in India can help not only to cater to this market but also to markets in Asia and Africa.
The second five year plan our export policy witnessed new thrust areas for the purpose of
expanding the export government has taken different measures to provid forexport finance,
assistance to explore market, subsidies duty –draw back facilities, concessional transport tariff
supply od raw material etc there are corporation started to step up India’s export, there includes
state trading corporation, the project and equipment corporation of India the India metion
pictures exporparation and the minerals and metals trading corporation.
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To solve the problem of production and to develop market for the product in foregin
markets an export promotion council was setup to pursuean integrated approach to wards
export develop trade develop authority also government established. The export promotion
committee for the first time was established in July 1949, which high lighted certain specific
and fundamental aspect of export promotion in India.
The pursance of bilateral trade agreements have resulted in the growth of export, to
increase trade and trade balance, agreements and arrangements have been taken up and our
trade policy was stregthend to trade with socialist economies.
New nation were brought into the feld of our foreign trade UK was our major trade
partner in 1950-1951. Since 1950-51 UK’s importance in our trade relationship has gone down
most of our export thus went to USA, USSR, UK and JAPAN by beginning of 1970-71
tewenty years after independence in 1966-67 most singnificant importers of our products were
the USA, USSR, UK, JAPAN, GREMANY, IRAN. New a days francs Canda, Italy, Australia
also have figured as major trade partner of India.
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1.2 STATEMENT OF THE PROBLEM:
India being a net exporter of motor and pumps for the earnings by way of exports will
lead to the import of capital goods, which will pave way for the increased investment resulting
in technological advantages, eventually leading to improve production and efficiency.
To accelerate the pace of economic development, reliance on international trade
becomes desirable to muster foreign exchange for the annual growth rate of economies of
developing countries like India motor and pump export seem to be the engine of the growth of
exports.
A study about the performance of export in motor and pump industry is important for
India. The present study on the export performance of motor and pumps will examine the
Indian motor and pump industry in the world market
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1.3 OBJECTIVES OF THE STUDY:
To estimate the growth of export of motor and pump industry in India.
To estimate the future trend of motor and pump industry in India.
To know about the various major export players of motor and pump industry in India.
To know about the product wise export growth and trend of motor and pump in India.
To estimate the country wise export growth and trend of motor and pump industry in
India.
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1.4 SCOPE OF THE STUDY
India is one of the largest and consident supplier of motor and pump we have
submersible centrifugal etc through India is one of the producer of motor and pump in the
world the total motor and pump production and per capita consumption is on the increasing
trend then a need has come into study Indian motor and pump export and suggested alternative
measure for the future growth is development
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1.5LIMITATION OF THE STUDY:
The study is restricted to only over a five year period
Analysis is made only for the past data. So the future variation in the price will be
effect the study
Difficulty was get the accurate information
The information collected for the study is entirely secondary in nature
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1.6 RESEARCH METHODOLOGY
DATA & SOURCES OF DATA:
The study is based on secondary data. The required data are
collected from Journals, Magazines, Articles, and Websites and so on
PERIOD:
The study period covers five years from (2005-2006 to 2009 to 2010) and
(2006-2007 to 2010-2011)
DATA ANALYSIS
Data collected from various sources and were edited and tabulated.Analysis of data is
done by using statistical techniques Trend analysis, Growth rate.
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1.7 CHAPTER SCHEME
CHAPTER I
The first chapter which reveals the introduction of the study, statement of the
problem, scope of the study and this chapter includes objectives and methodology, limitation
and chapter scheme.
CHAPTER II
It devotes the brief survey about literature views are presented
CHAPTER III
3.1 motor and pump industry in India
3.2 meaning of motor and pump
3.3 major export players in the Indian motor and pump industry
3.4 export performance of motor and pumps
3.5 global scenario of motor and pump industry
3.6 key growth factor of motor and pump industry
3.7 recent developments in motor and pumps
3.8 types of motor and pumps
3.9 Indian pump manufacturers association (IPMA)
3.10 Indian companies in the global market
CHAPTER IV
It deals with the analysis of motor and pump exporting during the period of study
CHAPTER V
It is the final and conclussing chapter which presents the findings after is presiding
chapter a summary of study period.
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CHAPTER-II
REVIEW OF LITERATURE
The review of literature plays a vital role in each study and needless to say in this study
, literature regarding the define problem has been collected and reviewed appropriately.
Sergey Berzin’s “submersible pumps for wastewater application”1 article report on
submersible centrifugal pumps meet many of today’s requirement for wastewater pumping
operations. Highlight their advantage and he discuses the solution to maximize cost –
effectiveness and performance in pumping stations.
Bullentin of JSIYE Journal “IMPROVEMEMENT THE PERFORMANCE OF
HIGH SPEED PUMPS”2 The article reports on the improve the performance of high specific
speed pumps at low flow rates. We develop the new type propeller pumps which have a part of
narrow passage in front of the impeller blades. The improvement of these impeller blades
helpful to increase the discharge values of motor and pumps and to reduce the power
consumptions.
The long term performance of direct- coupled PV pumping system3 Q.Kou,
S.A.Klein and W.A.Beekman University of Wisconsin, Solar energy laboratory USA This
paper discusses the method for estimating the long term performance of direct- coupled PV
pumping system the author to analysis the direct-coupled PV pumps and direct- single is
provide a reasonable estimation of monthly pumped water.
1. Sergey Berzin’s “submersible pumps for wastewater application”
2. Bullentin of JSIYE Journal “IMPROVEMEMENT THE PERFORMANCE OF HIGH SPEED
PUMPS”
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3. The long term performance of direct- coupled PV pumping system Q.Kou, S.A.Klein and of
Wisconsin, Solar energy laboratory USA
“performance factors for progressing cavity pumps 4Bryan orehard world pumps
volume 1999 issue 389 The article report on progressing cavity pumps have a strong
representation in a wide range of industries, the author to discusses the factor influencing
performance and recent developments in motor and pump.
“Ensuring a bright future for solar powered water pumps”5 lan de villiers vacuum
volume 26 issue 12 1976 This paper discusses the solar water pumping system, the author
says that the solar pumping system is fairly easy because all water pumps have a powered set
of commercially available photovoltaic pane’s they have small number of competitors in the
market.
6.”Managing International and Export marketing”6 T.Cannan European Journal
of marketing The article report on managing international and export marketing in this article
the author says that the interrelated areas are not suitable for international trade and the
exporters being differentials from the international market in foreign, in many circumstances
the international markets to eliminate the products high standard companies only to export his
product to other countries its not suitable for smaller firms.
There has been good track record of pump exports to as many as 60 – 65 countries
around the world, including developed countries. They have also been buy-back contracts with
MNCs operating sporadically but uninterrupted for more than 20 – 25 years. This stands proof
to the technological and economic competence of Indian pump manufacture.
However, costs of inputs required have a deterrent to enthuse investments appropriate
to exploit economies of scales of production. In turn the share of Indian pumps in the global
market is very miniscule and scattered. Driven to the brink by the unorganized pump makers
who have drilled into their market share, the unorganized players in the Rs.900 crore industry
are looking to pump revenues from foreign soil.
3.8 IPMA – INDIAN PUMP MANUFACTURERSASSOCIATION
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I P M A today is the apex body for the Pump Industry. IPMA has served this role for
more than four decades since 1951. Seven leading manufacturers of pumps met in Calcutta
under the Chairmanship of Shri. N. W. Gurjar of Kirloskar Bros. Ltd. and formed an
Association in the name of the Indian Pump Manufacturers Association – IPMA. From simple
beginning, the Association has grown in strength. Today IPMA has more than 150 members.
This has been possible by virtue of the support, coordination and the interest evinced by the
member firms of the Association.
* Represents over 100 manufacturers of various types of pumps in the small, medium and
large-scale sectors including public sector undertakings, accounting for over 95 per cent of
production of pumps in India.
* Serves as the national point of reference for the pump industry in India
Objectives of Indian Pump Manufacturers Association:
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* Interact with Governmental, technical and standardisation authorities for promoting the
growth of the pump industry, both qualitatively and quantitatively.
* Coordinate with users of pumps, consultants and manufacturers of pump components and
prime movers, in order to bring about product standardisation and technology upgradation.
* Disseminate information on the developments in the Pump Industry in India and abroad.
* Identify and strengthen industry’s role in the techno-economic development of the country.
* Act as a catalyst to bring about growth and development of the Indian pump industry inline
with global trends.
* Work towards globalization of Indian pump industry and integration into world economy.
* Create awareness and support industry efforts on quality, technology upgradation, export,
etc.
* Identify and address special needs of small-scale sector.
* Promote cooperation with counterpart organisations.
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3.9 GLOBAL SCENARIO OF MOTOR AND PUMP INDUSTRY
Pump exports from India have been made to number of countries like Australia, Egypt
A. Rep, U.K, U.S., Singapore, Ghana, Germany, Nepal, U.A.E., Netherlands, Italy etc. The
U.S. will remain the largest purchaser over the next five years. China will experience the
largest growth rate in the export of pumps.
Significant pump market exists in 80 countries and regions. In Chile, the largest pumps
purchasing segment is the copper industry whereas in Germany it is the chemical industry. The
Middle East has a big pump market due to oil and gas industries. The Canadian market is
distinguished by a large pulp and paper industry requiring different pumps. The market for
pumps in buildings in Europe is much bigger.
The global market for liquid pumps will increase from $21.5 billion to $28.3 billion in
2015, with an average annual compound annual growth rate of 2.8 percent. Looking out ten
years from now, the global pump industry through 2015 is on an upswing – but only in specific
market segments. The pump industry will continue to undergo deep structural changes.
The most important factor in the growth of the pump industry will be the increasing
demand for decreasing supplies of uncontaminated water. Remediation of contaminated ground
water, desalination of seawater, and other treatment processes will increasingly be needed to
make use of this finite resource. Asia has less available water per capita than other continents
and will also have a more rapidly increasing demand for delivery and treatment of that water.
Therefore, almost half the investment in pumps for water-related applications will come from
Asia.
The urbanization of Asia involves the relocation of more than one billion people from
the farms to the cities. This will create a huge need for infrastructure including delivery of
drinking water and removal and treatment of wastewater. Rapid growth of the pump market in
Asia will also be aided by large investments in pulp and paper, chemical, steel, and other basic
industries. Pumps play an important role in oil and gas production, refining, and power
94
generation, as well. The scarcity of oil and gas is leading to immense investments in substitute
fuels. The use of liquefied natural gas to replace conventional gas will result in significant
pump investments at the liquefaction sites, on the tankers delivering the liquefied gas, and at
the degasification terminals. There is a boom in the construction of coal-fired power plants and
along with it a variety of pumps including those for high pressure services in the steam cycle,
water and wastewater, and for the big scrubbers required to capture the SO2. China and the US
will be the biggest purchasers. Ethanol facilities require fuel. Hundreds of these plants will be
built in the next decade.
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3.10 FUTURE OF INDIAN PUMP INDUSTRY IN EXPORT
TRADE
Indian pump exporters are facing intense competition from the foreign counterparts in
catering to global needs. In this highly competitive scenario, Indian pump exporters have
realized the fact that customer-centric attitude is a prerogative to stay ahead. The key sectors
that are major consumers of industrial pumps are water handling/sewage treatment, oil &
refineries, and power with a market size of 35 percent, 45 percent and 20 percent respectively.
The industry's growth is dependent on sectors such as the petrochemical, oil and power etc.
In the recent years, the Indian pump industry has been forced to be proactive with
foreign players like Grundfoss bringing in superior pumps to the market. The domestic
industry today is in fact looking up for overseas opportunities and quite a few have also made a
good impact in the international scenario. Indian pump exporters have managed to carve niches
in the Middle East and African countries, where standards and conditions are akin to what is
prevailing in India. The global market for pumps has been estimated at around US $22 billion
94
CHAPTER-IV
ANALYSIS AND INTERPRETATION
INTRODUCTION;
The growth rate and trend analysis is used to find out the growth of the variables and future export trend of the variables computed per annum.This study attempts to measures the growth of the indian motor and pump industry during the study period for five years between 2005-2006 to 2010-2011.in this the study attempts to calculate the growth rate and trend analysis The following formula were used to calculate growth rate
Cy-Py Py *100
Cy=Current YearPy= previous yearThe following straight line trend equation were used to calculate trend analysis
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=26741.3/5=5348.26B=XY/X2 B=4635.2/10=463.52Y=5348.26+463.52(-2)
INTERPRETATION:
The above table implies the trend movement of motor and pump export for the period
2006-2011.The trend value was highest in the year 2010-2011 was 6275.32 while compared to
other year. Hence there was a continuously increase in motor and pump export.
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TABLE-4.1.1
TREND PROJECTED VALUE OF EXPORT FROM (2011-2016)
YEAR TREND VALUES IN US$
2011-2012 6738.82
2012-2013 7202.34
2013-2014 7665.86
2014-2015 8129.38
2015-2016 8592.9
INTERPRETATION:
The above table implies the future trend movement of motor and pump export. The
trend value in the year 2015-2016 was 8592.9. The value of export is increased year by year.
The value shows 8129.38 in 2014-2015. The current movement in the value is 6738.82(2011-
2012)
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CHART-4.1.1
INDAIS MOTOR AND PUMP EXPORT TREND
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TABLE-4.1.2
GROWTH OF MOTOR AND PUMP EXPORT IN INDIA
YEAR GROWTH RATE
2006-2007 0
2007-2008 9.27
2008-2009 39.26
2009-2010 94.3
2010-2011 6.34
INTERPRETATION:
The above table implies the growth of motor and pump export for the period 2006-
2011.The trend value was highest in the year 2010-2011 was 6.34 while compared to other
year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.1.2
GROWTH OF MOTOR AND PUMP EXPORT IN INDIA
94
TABLE-4.2
EXPORT OF MOTOR AND PUMP TO ASIA FROM THE YEAR 2005-2010
YEAREXPORT SALES
IN US$X X2 XY
TREND VALUES
2005-2006 31582.27 -2 4 -63164.54 30412.87
2006-2007 32557.17 -1 1 -32557.17 33089.87
2007-2008 34776.74 0 0 0 35766.81
2008-2009 37344.26 1 1 37344.26 38443.81
2009-2010 42573.61 2 4 85147.22 41120.75
TOTAL 178834.05 0 10 26769.77 178834.08
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=178834.05/5=35766.81B=XY/X2 B=26769.77/10=2676.97
INTERPRETATION:
The above table implies the trend movement of motor and pump export to Asia for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 41120.75 while
compared to other year. Hence there was a continuously increase in motor and pump export.
94
TABLE-4.2.1
TREND PROJECTED VALUE OF EXPORT TO ASIA FROM (2010-2015)
YEAR TREND VALUES IN US$
2010-2011 43797.72
2011-2012 46474.69
2012-2013 49151.66
2013-2014 51828.63
2014-2015 54505.6
INTERPRETATION:
The above table implies the future trend movement of motor and pump export to Asia.
The trend value in the year 2014-2015 was 54505.6. The value of export is increased year by
year. The value shows 51828.63 in 2013-2014. The current movement in the value is 43797.72
(2010-2011)
94
CHART-4.2.1
MOTOR AND PUMP EXPORTING TREND FOR INDIA TO ASIA
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TABLE-4.2.2
GROWTH OF MOTOR AND PUMP EXPORT TO ASIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 3.09
2007-2008 6.82
2008-2009 7.38
2009-2010 14
INTERPRETATION:
The above table implies the growth of motor and pump export to Asia for the period
2005-2010.The trend value was highest in the year 2009-2010 was 14 while compared to other
year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.2.2
GROWTH OF MOTOR AND PUMP EXPOR TO ASIA
94
TABLE-4.3
EXPORT OF MOTOR AND PUMP TO USA FROM THE YEAR (2005-2010)
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 8031.36 -2 4 -16062.72 7097.32
2006-2007 7609.56 -1 1 -7609.56 7282.06
2007-2008 5818.37 0 0 0 7466.80
2008-2009 6229.74 1 1 6229.74 7651.54
2009-2010 9644.98 2 4 19289.96 7836.28
TOTAL 37334.01 0 10 1847.42 37334
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=37334.01/5=7466.80B=XY/X2 B=1847.42/10=184.74
INTERPRETATION:
The above table implies the trend movement of motor and pump export to USA for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 7836.28 while
compared to other year. Hence there was a continuously increase in motor and pump export.
94
TABLE-4.3.1
TREND PROJECTED VALUE OF EXPORT TO USA FROM (2010-2015)
YEAR TREND VALUES IN US$
2010-2011 8021.02
2011-2012 8205.76
2012-2013 8390.5
2013-2014 8575.24
2014-2015 8759.98
INTERPRETATION:
The above table implies the future trend movement of motor and pump export to USA.
The trend value in the year 2014-2015 was 8759.98. The value of export is increased year by
year. The value shows 8575.24 in 2013-2014. The current movement in the value is
8021.02(2010-2011)
94
CHART-4.3.1
MOTOR AND PUMP EXPORTING TREND FROM INDIA TO USA
94
TABLE-4.3.2
GROWTH OF MOTOR AND PUMP EXPORT TO USA
YEAR GROWTH RATE
2005-2006 0
2006-2007 5.25
2007-2008 23.53
2008-2009 7.07
2009-2010 54.82
INTERPRETATION:
The above table implies the growth of motor and pump export to USA for the period
2005-2010.The trend value was highest in the year 2009-2010 was 54.82 while compared to
other year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.3.2
GROWTH OF MOTOR AND PUMP EXPOR TO USA
94
TABLE-4.4
EXPORT OF MOTOR AND PUMP TO AUSTRALIA FROM THE YEAR (2005-2010)
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 1236.93 -2 4 -2473.86 1158.36
2006-2007 1402.91 -1 1 -1402.91 1288.89
2007-2008 1044.35 0 0 0 1419.42
2008-2009 1643.56 1 1 1643.56 1549.95
2009-2010 1769.26 2 4 3538.52 1680.48
TOTAL 7097.01 0 10 1305.31 7097.1
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=7097.01/5=1419.42B=XY/X2 B=1305.31/10=130.53
INTERPRETATION:
The above table implies the trend movement of motor and pump export to Australia
for the period 2005-2010.The trend value was highest in the year 2009-2010 was 1680.48
while compared to other year. Hence there was a continuously increase in motor and pump
export.
94
TABLE-4.4.1
TREND PROJECTED VALUE OF EXPORT TO AUSTRALIAFROM (2010-2015)
YEAR TREND VALUES IN US$
2010-2011 1811.01
2011-2012 1941.54
2012-2013 2072.07
2013-2014 2202.6
2014-2015 2333.13
INTERPRETATION:
The above table shows the future trend movement of motor and pump export to
Australia. The trend value in the year 2014-2015 was 2333.13. The value of export is increased
year by year. The value shows 2202.6 in 2013-2014. The current movement in the value is
1811.01(2010-2011)
94
CHART-4.4.1
MOTOR AND PUMP EXPORTING TREND FROM INDIA TO AUSTRALIA
94
TABLE-4.4.2
GROWTH OF MOTOR AND PUMP EXPORT TO AUSTRALIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 14.42
2007-2008 25.56
2008-2009 57.38
2009-2010 7.65
INTERPRETATION:
The above table implies the growth of motor and pump export to Australia for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 7.65 while compared
to other year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.4.2
GROWTH OF MOTOR AND PUMP EXPOR TO AUSTRALIA
94
TABLE-4.5
EXPORT OF CENTRIFUGAL MOTOR AND PUMPS FROM THE YEAR 2005-2010
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 251 -2 4 -502 250.6
2006-2007 270 -1 1 -270 269.2
2007-2008 287 0 0 0 287.8
2008-2009 304 1 1 304 306.4
2009-2010 327 2 4 654 325
TOTAL 1439 0 10 186 1439
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=1439/5=287.8B=XY/X2 B=186/10=18.6Y=287.8+18.6(-2)
INTERPRETATION:
The above table implies the trend movement of centrifugal motor and pump for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 325 while compared
to other year. Hence there was a continuously increase in motor and pump export
94
TABLE-4.5.1
PROJECTED VALUE OF CENTRIFUGAL MOTOR AND PUMPS EXPORT FROM (2010-2015)
INTERPRETATION:
The above table implies the future trend movement of centrifugal motor and pump
export. The trend value in the year 2014-2015 was 418. The value of export is increased year
by year. The value shows 399.4 in 2013-2014. The current movement in the value is 343.6
(2010-2011)
YEAR TREND VALUES IN US$
2010-2011 343.6
2011-2012 362.2
2012-2013 380.8
2013-2014 399.4
2014-2015 418
94
CHART-4.5.1
CENTRIFUGAL MOTOR AND PUMPS EXPORT TREND
94
TABLE-4.5.2
GROWTH OF CENTRIFUGAL MOTOR AND PUMP EXPORT IN INDIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 7.57
2007-2008 6.29
2008-2009 5.92
2009-2010 7.57
INTERPRETATION:
The above table implies the growth of centrifugal motor and pump export for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 14 while compared
to other year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.5.2
EXPORT GROWTH OF CENTRIFUGAL MOTOR AND PUMPS
94
TABLE-4.6
EXPORT OF RECIPROCATING MOTOR AND PUMPS FROM THE YEAR (2005-2010)
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 45 -2 4 -90 45.4
2006-2007 49 -1 1 -49 48.6
2007-2008 52 0 0 0 51.8
2008-2009 55 1 1 55 55
2009-2010 58 2 4 116 58.2
TOTAL 259 0 10 32 259
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=259/5=51.8B=XY/X2 B=32/10=3.2Y=51.8+3.2(-2)
INTERPRETATION:
The above table implies the trend movement of reciprocating motor and pump for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 58.2 while compared
to other year. Hence there was a continuously increase in motor and pump export.
94
TABLE-4.6.1
TREND PROJECTED VALUE OF RECIPROCATING MOTOR AND PUMPS EXPORT FROM (2010-2015)
INTERPRETATION:
The above table implies the future trend movement of reciprocating motor and pump
export. The trend value in the year 2014-2015 was 74.2. The value of export is increased year
by year. The value shows 71 in 2013-2014. The current movement in the value is 61.4(2010-
2011)
YEAR TREND VALUES IN US$
2010-2011 61.4
2011-2012 64.6
2012-2013 67.8
2013-2014 71
2014-2015 74.2
94
CHART-4.6.1
RECIPROCATING MOTOR AND PUMPS EXPORT TREND
94
TABLE-4.6.2
GROWTH OF RECIPROCATING MOTOR AND PUMP EXPORT IN INDIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 8.9
2007-2008 6.12
2008-2009 5.77
2009-2010 5.45
INTERPRETATION:
The above table implies the growth of reciprocating motor and pump export for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 5.45 while compared
to other year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.6.2
EXPORT GROWTH OF RECIPROCATING MOTOR AND PUMPS
94
TABLE-4.7
EXPORT OF ROTARY MOTOR AND PUMPS FROM THE YEAR (2005-2010)
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 34 -2 4 -68 34
2006-2007 36 -1 1 -36 36.3
2007-2008 39 0 0 0 38.6
2008-2009 41 1 1 41 40.9
2009-2010 43 2 4 86 43.2
TOTAL 193 0 10 23 193
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=193/5=38.6B=XY/X2 B=23/10=2.3Y=38.6+2.3(-2)
INTERPRETATION:
The above table implies the trend movement rotary of motor and pump for the period
2005-2010.The trend value was highest in the year 2009-2010 was 43.2 while compared to
other year. Hence there was a continuously increase in motor and pump export.
94
TABLE- 4.7.1
TREND PROJECTED VALUE OF ROTARY MOTOR AND PUMPS EXPORT FROM (2010-2015)
INTERPRETATION:
The above table implies the future trend movement of rotary motor and pump export.
The trend value in the year 2014-2015 was 54.7. The value of export is increased year by year.
The value shows 52.4 in 2013-2014. The current movement in the value is 45.5(2010-2011)
YEAR TREND VALUES IN US$
2010-2011 45.5
2011-2012 47.8
2012-2013 50.1
2013-2014 52.4
2014-2015 54.7
94
CHART- 4.7.1
ROTARY MOTOR AND PUMPS EXPORT TREND
94
TABLE-4.7.2
GROWTH OF ROTARY MOTOR AND PUMP EXPORT IN INDIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 5.89
2007-2008 8.33
2008-2009 5.13
2009-2010 4.49
INTERPRETATION:
The above table implies the growth of rotary motor and pump export for the period
2005-2010.The trend value was highest in the year 2009-2010 was 4.49 while compared to
other year. Hence there was a continuously increase in motor and pump export.
94
CHART- 4.7.2
EXPORT GROWTH OF ROTARY MOTOR AND PUMPS
94
TABLE- 4.8
EXPORT OF DIAPHRGM MOTOR AND PUMPS FOR THE YEAR 2005-2010
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 29 -2 4 -58 29
2006-2007 31 -1 1 -31 31
2007-2008 33 0 0 0 33
2008-2009 35 1 1 35 35
2009-2010 37 2 4 74 37
TOTAL 165 0 10 20 165
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=165/5=33B=XY/X2 B=20/10=2.0Y=33+2.0(-2)
INTERPRETATION:
The above table implies the trend movement of diaphrgm motor and pump for the
period 2005-2010.The trend value was highest in the year 2009-2010 was 37 while compared
to other year. Hence there was a continuously increase in motor and pump export.
94
TABLE- 4.8.1
TREND PROJECTED VALUE OF DIAPHRGM MOTOR AND PUMPS EXPORT FROM (2010-2015)
INTERPRETATION:
The above table implies the future trend movement of diaphrgm motor and pump
export. The trend value in the year 2014-2015 was 47. The value of export is increased year by
year. The value shows 45 in 2013-2014. The current movement in the value is 3(2010-2011)
YEAR TREND VALUES IN US$
2010-2011 39
2011-2012 41
2012-2013 43
2013-2014 45
2014-2015 47
94
CHART- 4.8.1
DIAPHRGM MOTOR AND PUMPS EXPORT TREND
94
TABLE-4.8.2
GROWTH OF DIAPHRGM MOTOR AND PUMP EXPORT IN INDIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 6.89
2007-2008 6.45
2008-2009 6.65
2009-2010 5.71
INTERPRETATION:
The above table implies the growth of diaphrgm motor and pump export for the period
2005-2010.The trend value was highest in the year 2009-2010 was 5.71 while compared to
other year. Hence there was a continuously increase in motor and pump export.
94
CHART- 4.8.2
EXPORT GROWTH OF DIAPHRGM MOTOR AND PUMPS
94
TABLE-4.9
THE EXPORT OF OTHER MOTOR AND PUMP FOR THE YEAR (2005-2010)
YEAREXPORT SALES IN
US$X X2 XY
TREND VALUES
2005-2006 22 -2 4 -44 22.2
2006-2007 24 -1 1 -24 23.7
2007-2008 25 0 0 0 25.2
2008-2009 27 1 1 27 26.7
2009-2010 28 2 4 56 28.2
TOTAL 126 0 10 15 126
The equation for straight line trend Y=A+BXSubstitute the value in the equationA=EY/N A=126/5=25.2B=XY/X2 B=15/10=1.5Y=25.2+1.5(-2)
INTERPRETATION:
The above table implies the trend movement of other motor and pump for the period
2005-2010.The trend value was highest in the year 2009-2010 was 28.2 while compared to
other year. Hence there was a continuously increase in motor and pump export.
94
TABLE-4.9.1
TREND PROJECTED VALUE OF OTHER MOTOR AND PUMP EXPORT FROM (2010-20115)
INTERPRETATION:
The above table implies the future trend movement of other motor and pump export.
The trend value in the year 2014-2015 was 35.7. The value of export is increased year by year.
The value shows 34.2 in 2013-2014. The current movement in the value is 29.7(2010-2011)
YEAR TREND VALUES IN US$
2010-2011 29.7
2011-2012 31.2
2012-2013 32.7
2013-2014 34.2
2014-2015 35.7
94
CHART- 4.9.1
OTHER MOTOR AND PUMPS EXPORT TREND
94
TABLE-4.9.2
GROWTH OF OTHER MOTOR AND PUMP EXPORT IN INDIA
YEAR GROWTH RATE
2005-2006 0
2006-2007 9.09
2007-2008 4.16
2008-2009 8
2009-2010 3.7
INTERPRETATION:
The above table implies the growth of other motor and pump export for the period
2005-2010.The trend value was highest in the year 2009-2010 was 3.7 while compared to other
year. Hence there was a continuously increase in motor and pump export.
94
CHART-4.9.2
EXPORT GROWTH OF OTHER MOTOR AND PUMPS
94
CHAPTER-V
FINDINGS, SUGGESTION AND CONCLUSION
5.1 FINDINGS
The growth rate of motor and pump for the period 2005-2010.The growth rate was highest
in the year 2009-2010 (i.e.) 6.34% while compared to other year. Hence there was a continues
growth in motors and pumps.
During the year 2010-2011 the trend analysis of export is 6275.32 in US$
The export growth was continuously increased in the export to Asia in the year 2009-2010
was 14% in US$ and the trend analysis of export is 41120.75 in the year 2009-2010
The export growth was continuously increased in the export to USA in the year 2009-
2010 was 54.82% in US$ and the trend analysis of export is 7836.28 in the year 2009-2010
The export growth was continuously increased in the export to Australia in the year
2009-2010 was 7065% in US$ and the trend analysis of export is 1680.48 in the year 2009-
2010
The export growth was continuously increased in the export of centrifugal motor and
pumps in the year 2009-2010 was 7.57% in US$ and the trend analysis of export is 325 in the
year 2009-2010
94
The export growth was continuously increased in the export of reciprocating motor and
pumps in the year 2009-2010 was 5.45% in US$ and the trend analysis of export is 58.2 in the
year 2009-2010
The export growth was continuously increased in the export rotary motor and pumps in
the year 2009-2010 was 4.79% in US$ and the trend analysis of export is 43.2 in the year
2009-2010
The export growth was continuously increased in the export of diaphragm motor and
pumps in the year 2009-2010 was 5.71% in US$ and the trend analysis of export is 37 in the
year 2009-2010
The export growth was continuously increased in the export of other motor and pumps in
the year 2009-2010 was 3.7% in US$ and the trend analysis of export is 28.2 in the year 2009-
2010
94
5.2 SUGGESTIONS
To decrease the cost of productions bringing more productivity our Indian exporters
should bring in many new technologies in the productions to show they are equally good to the
international.
The Indian government may take necessary stop to help the Indian motor and pump
exporters in implementing the international marketing strategies and to enter the international
market as global exports.
The government to reduce the tariff and customs duty and to encourages the domestic
exporters and help them to export their product in international market.
The country should stop import of motor and pump to gave advices to producer on exclusive
value for the purpose of export.
94
5.3 CONCLUSION
Motor and pump industry play a major role in the development of an economy. This
is more so in the case of the developing countries like India where there is immense scope for
the increased trade. It can expand its market in the global economy and can be recognized as a
global completers to the exporters of the other countries and prove to be equally good in the
export.
Indian pump manufacturers are on a sustained growth path backed by strong upswing in
fluid handling industries, irrigation and urban infrastructure projects. However, demand for
pumps from the domestic (household) and agriculture market is lackluster. Fortunately, this
was more than offset by high demand growth witnessed in industrial and infrastructure sector.
With industry and infrastructure sustaining the uptrend, this market condition favours the
organized industry players with strong order inflow
The Indian pump manufacturers have an added advantage in catering to the global
market needs. As Indian pump manufacturers have proved themselves in the quality front when
comparing to Chinese pump manufacturers the Indian pump industry has been given global