India Pump Market Research Report 2025-2030

The India pump market is expected to grow at a CAGR of 6.12% from 2024 to 2030.

IMPACT OF US & CHINA TRADE WAR

• In April 2025, India imposed safeguard tariffs of up to 15% on Chinese steel and alloy imports. This significantly increased the cost of raw materials among home pump manufacturers in irrigation systems, municipalities, and industries.
• Between late 2023 and Q1 2025, Indian steel prices rose by over 20%, forcing OEMs to delay public utility pump tenders and cut margins on infrastructure-driven projects.
• Indian pump manufacturers are now sourcing from Vietnam, Thailand, and Eastern Europe. However, lead times have increased to 8 to 14 weeks, disrupting the delivery of pump systems under Engineering, Procurement, and Construction (EPC) and export contracts.
• Slow global demand from the U.S. and China in FY2024 led to a decrease in Indian pump exports for oil, gas, and water infrastructure projects linked to both markets.
• As part of the China +1 sourcing strategy, global buyers are seeking to diversify their supply chains by looking beyond China for manufacturing options. This shift has led to a rise in inquiries for Indian pumps from regions such as the GCC (Gulf Cooperation Council), ASEAN (Association of Southeast Asian Nations), and East Africa. However, domestic capacity constraints limit short-term volume growth.
• To reduce the impact of tariffs, major Indian OEMs are localizing IoT integration and forming regional supply partnerships. Their goal is to stabilize component availability and reduce delays in obtaining international approvals.

INDIA PUMP MARKET TRENDS & ENABLERS

• The increasing adoption of smart and IoT-enabled pump systems is allowing end-users to track performance, detect faults, and reduce maintenance costs through remote diagnostics and predictive analytics.
• Solar-powered and energy-efficient pump solutions are becoming more popular in the India pump market, especially in agriculture and rural water projects. This trend is driven by rising electricity costs and strong government backing for renewable energy programs.
• Municipal and industrial pumping systems are adding the capabilities of automation and centralized control systems. This improves system responsiveness and cuts operational costs.
• Investments from the Jal Jeevan Mission and AMRUT schemes are significantly boosting pump deployment for rural water supply, sanitation, and sewage treatment infrastructure across different states.
• The industrial and construction boom, supported by the Make in India and Smart Cities programs, is driving demand for pumps in HVAC systems, material handling, and utility services; hence, supporting the India pump market growth during the forecast period.
• The government and industrial sectors have a vast array of aging pump systems that pose prospects for retrofitting and replacing them with energy-efficient and digitally regulated systems.

INDUSTRY RESTRAINTS

High initial costs of modern pump systems and control units keep small farmers and MSMEs from adopting them. Price-sensitive buyers select models that are low-priced with few features. This limits the reach of energy-efficient and IoT-enabled options. Furthermore, volatility in raw material prices, particularly for copper, cast iron, and stainless steel, leads to unstable pump pricing and tighter profit margins for manufacturers. This makes long-term procurement planning difficult for buyers and OEMs.

The India pump market is very fragmented, with many small and regional players that focus on low-cost, low-quality products. This erodes customer trust, limits product standardization, and creates challenges for organized manufacturers trying to scale. Moreover, a lack of awareness and inadequate training among end-users and field technicians about optimal pump usage, energy-saving methods, and preventive maintenance results in frequent failures, shorter lifespans, and poor performance of advanced systems.

SEGMENTATION INSIGHTS

INSIGHTS BY OPERATION

The India pump market is segmented into mechanical and electrical segments based on operation. Among these, the electrical pumps dominate the market, holding the majority share in 2024. Their leading position comes from increased electrification in rural and semi-urban areas, along with government subsidies for using electric pumps, especially in agriculture and infrastructure projects.

INSIGHTS BY POWER OUTPUT

The power output segment contains high-low-power, medium-power, and high-power pumps. Within these, the medium power pumps segment is expected to grow at a rate of 7.10% from 2024 to 2030. This increase is due to higher demand from mid-sized industries and municipal water treatment plants. Urban infrastructure development also requires balanced performance and efficiency.

INSIGHTS BY PRODUCT

The centrifugal segment dominated the India pump market with a share of 63% in 2024. These pumps are preferred for water supply, irrigation, and wastewater treatment. Their robust, simple design ensures low maintenance and high reliability. They offer cost-effective, high-volume fluid transfer and are highly compatible with standard electric motors.

INSIGHTS BY CENTRIFUGAL PUMP

Within the centrifugal pump category, key types considered include single-stage, multi-stage, submersible, turbine, and other specialized pumps. Among these, single-stage centrifugal pumps are highly prevalent, holding a market share of over 28%. They are the preferred choice for applications requiring low to moderate pressure, particularly in residential and small commercial settings. Furthermore, submersible pumps are projected to grow at a CAGR of 7.01% during the forecast period. Their efficiency for groundwater extraction in agricultural and home settings fuels this growth, particularly in areas with deep water tables.

INSIGHTS BY RECIPROCATING PUMP

Within the piston and diaphragm types of reciprocating pumps, piston pumps are expected to grow at a CAGR of 5.27% during the forecast period. They can meet high-pressure demands in industries like oil and gas and chemical processing, continuing their growth despite having a smaller overall market share.

INSIGHTS BY ROTARY PUMP

The rotary pump market encompasses a diverse range of pump types, including gear, lobe, peristaltic, vane, and other specialized designs. Among these, gear pumps account for a significant 28% market share, mainly because they effectively handle thick fluids in industrial lubrication, chemical, and food processing settings.

Lobe pumps are expected to grow at a CAGR of 8.41%. Their growth is supported by their hygienic design and use in the pharmaceutical, dairy, and personal care product industries, where their gentle handling of viscous and sensitive fluids, combined with easy clean-in-place (CIP) and sterilization-in-place (SIP) capabilities, sets them apart for maintaining product integrity and meeting stringent regulatory standards.

INSIGHTS BY DISTRIBUTION CHANNEL

Currently, the offline channel is preferred more than the online channel in the India pump market. However, the online channel is projected to record a CAGR of 7.3%, facilitated by rising digital penetration, ease of access to technical specifications, and aggressive pricing and promotional strategies by major OEMs and distributors on e-commerce platforms.

INSIGHTS BY END USER

The Industrial segment accounts for a 59% India pump market share in 2024, owing to consistent demand from sectors such as power generation, oil & gas, and chemical processing. In these sectors, pumps are essential for continuous, high-volume fluid transfer and critical process operations that underpin industrial output and infrastructure development.

The commercial segment is predicted to have a CAGR of 5.75%. This growth is driven by investments in urban infrastructure, high-rise construction, and commercial buildings such as malls, hotels, and office complexes.

INSIGHTS BY INDUSTRIAL

Water and wastewater hold the largest share at over 21% in 2024. This is due to industries' essential need for on-site water treatment for processes, plus robust wastewater and effluent treatment plants (ETPs) and Zero Liquid Discharge (ZLD) systems. These are critical for environmental compliance (CPCB regulations), mitigating water scarcity impacts, and ensuring sustainable operations vital for long-term operational stability. Furthermore, the oil and gas market will develop with a CAGR of 7.29%. This growth is driven by more exploration activities and the expansion of downstream processing infrastructure.

INSIGHTS BY COMMERCIAL

In the commercial end-user segment, public utilities stand out as the largest segment with a CAGR of 6.88%. Their dominance stems from strong, sustained government spending on water supply, sanitation, and city utilities. For instance, the Union Budget 2025-26 allocated USD 8.73 billion for Drinking Water & Sanitation, largely for the Jal Jeevan Mission, while Smart Cities Mission investments exceeded USD 19.29 billion by May 2025, significantly boosting demands.

INSIGHTS BY AGRICULTURAL

In agriculture, among the borewells and openwell pumps, borewell pumps are leading in growth. This growth is supported by improving groundwater levels in important agricultural states and the rising use of submersible borewell systems, backed by rural electrification and irrigation programs.

INDIA PUMP MARKET GEOGRAPHICAL ANALYSIS

In 2024, the Western region accounted for approximately 33% of the India pump market, establishing itself as the largest market share, driven by strong industrial demand. This dominance is largely attributed to industrial activities in key states like Maharashtra and Gujarat, which are critical manufacturing hubs contributing significantly to India's industrial output. According to Invest India, Maharashtra alone accounts for 13.8% of India's overall industrial output and attracts 30% of the nation's total Foreign Direct Investment (FDI) inflows from April 2000 to March 2023

The Eastern region is projected to be the fastest-growing region in the Indian pump market, with a CAGR of 7.77%, driven by a strong government focus on rural infrastructure development. This growth is further supported by the emergence of new industrial corridors in states like Bihar, Odisha, and West Bengal. In June 2025, Odisha approved eight mega industrial projects with a combined investment of approximately USD 17.76 billion, significantly contributing to the demand for pumps in the region.

VENDOR LANDSCAPE

The India pump market consists of major domestic manufacturers Kirloskar Brothers, CRI Pumps, and Texmo Industries, together with smaller regional companies that serve agriculture, water supply, wastewater treatment, industrial applications, and building services. The market experiences growth from investments in irrigation systems and smart city development, and rural electrification initiatives.

Local manufacturers such as Shakti Pumps, KSB India, and Jyoti Ltd are adopting smart pump technologies. These include remote monitoring and automation to meet the need for water efficiency, energy savings, and digital infrastructure in rural and urban areas. Furthermore, companies like V-Guard benefit from strong dealer and distributor networks, extensive service systems, and local manufacturing. This gives them an edge, especially in the agricultural and municipal pump markets.

The government maintains its support for the industry, which enables manufacturers like Solar Pump India Pvt Ltd to offer solar-powered and energy-efficient pump solutions. Also, larger firms such as Grundfos India focus on innovation and research and development for energy-efficient and IoT-enabled pumps. In the meantime, local manufacturers such as Falcon Pumps, Lubi Industries, and Roto Pumps compete based on price and customization, especially in agriculture and in the borewell pump business.

INDIA PUMP MARKET NEWS

• In February 2025, Grundfos introduced the MIXIT HVAC solution and IE5 pump systems and enhanced LSV technology at ACREX India. The company implemented this strategy to enhance energy efficiency in data centers and district cooling systems.
• In April 2025, Havells India announced a USD 70.49 million investment to acquire up to a 9.24% stake in Goldi Solar, which operates as a leading solar module manufacturer. The acquisition strategy aimed to establish a reliable solar module and cell supply while expanding its renewable energy market position.
• In July 2025, Shakti Pumps Limited approved an approximately USD 1.4 million equity investment in its subsidiary, Shakti Energy Solutions. This investment is aimed at bolstering the company's expansion into DCR-compliant solar cell and module manufacturing at a new facility in Pithampur, Madhya Pradesh, India, strengthening its position in the rapidly growing solar pump segment.

Key Company Profiles

• Crompton Greaves Consumer Electricals Limited
• WPIL Limited
• Flowserve Corporation
• Jyoti Ltd.
• Roto Pumps Limited
• Kirloskar Brothers Limited
• KSB Limited
• Shakti Pumps (India) Ltd.
• Oswal Pumps Limited
• Lubi Industries LLP
• C.R.I. Pumps Private Limited

Other Prominent Vendors

• AQUA Group
• Angel Pumps (P) Limited
• Best Pumps (India) Pvt. Ltd.
• CNP Pumps India Pvt. Ltd.
• Deccan Industries
• Dover India Private Limited
• Duke Pumping Solutions Private Limited
• EKKI Water Technologies
• Ellen Group
• Endura Pumps
• Falcon Pumps Pvt. Ltd.
• Grundfos Holding A/S
• Havells India Ltd.
• Jasco Pump Pvt. Ltd.
• Kishor Pumps Pvt. Ltd.
• KIRLOSKAR EBARA PUMPS LIMITED
• Mahendra Pumps Pvt. Ltd.
• MAK Pump Industries
• Maxwell Engineering Solutions
• MBH Pumps (Guj) Pvt. Ltd.
• Protecto Engineering Pvt. Ltd.
• PSP Pumps Pvt. Ltd.
• Sabar Hydrotech LLP
• SAM Turbo Industry Private Ltd.
• Swastik Engineering
• Suguna Pumps
• Sintech Precision Products Ltd.
• Latteys Industries Limited
• Texmo Industries
• V-Guard Industries Ltd.
• Waterman Industries Pvt. Ltd.
• Xylem Inc.
• Yathi Pumps
• La-Gajjar Machineries Pvt. Ltd.

SEGMENTATION ANALYSIS

Segmentation by Operation

• Electrical
• Mechanical

Segmentation by Power Output

• Low Power
• Medium Power
• High Power

Segmentation by Product

• Centrifugal
• Reciprocating
• Rotary

Segmentation by Centrifugal Pump

• Single-stage
• Multi-stage
• Submersible
• Turbine
• Others

Segmentation by Reciprocating Pump

• Piston
• Diaphragm

Segmentation by Rotary Pump

• Gear
• Lobe
• Peristaltic
• Vane
• Others

Segmentation by Distribution Channel

• Offline
• Online

Segmentation by End-user

• Industrial
• Agricultural
• Commercial
• Residential

Segmentation by Industrial

• Water & Wastewater
• Oil & Gas
• Power
• Chemical
• Food & Beverage
• Mining
• Pharmaceutical
• Others

Segmentation by Commercial

• Public Utilities
• Office Complexes
• Hospitality
• Others

Segmentation by Agricultural End-users

• Borewell
• Openwell

Segmentation by Geography

• Western
  • Maharashtra
  • Gujarat
  • Madhya Pradesh
  • Rajasthan
• Southern
  • Tamil Nadu
  • Karnataka
  • Andhra Pradesh
  • Telangana
• Northern
  • Uttar Pradesh
  • Punjab
  • Haryana
  • Delhi
• Eastern
  • West Bengal
  • Odisha
  • Bihar
  • Assam

KEY QUESTIONS ANSWERED:

1. How big is the India pump market?

2. What is the growth rate of the India pump market?

3. Who are the key players in the India pump market?

4. Which region dominates the Indian pump market share?

5. What are the significant trends in the India pump market?