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Stanadyne Amalgamations Pvt Ltd will invest over ₹ 100 crore in its diesel fuel injection system factory near Chennai to make a new range of injection systems.
John Pinson, President & CTO, Stanadyne LLC, told media persons that the new range of fuel pumps developed in India will cater to the sub-50 HP engines in off-road equipment used in construction, agriculture and industrial sectors.
Cost benefits The fuel pumps will cut down particulate emissions and provide better fuel efficiency.
Based on 1,000 hours of operation of an average farm equipment, the new pump will save users about ₹ 15,000 a year in fuel cost, according to Pinson.
The savings will more than offset the “modest incremental cost” for the new pump, he said.
Stanadyne India’s sales in 2014 was about ₹ 170 crore. This is expected to double by 2017-18. Sanjay Chadda, Managing Director – India and Near East, Stanadyne Amalgamations, said the proposed investment over the next two years will take the production capacity of the factory to 250,000 pumps a year from 90,000 units.
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