Shanghai Electric, a leading global energy and industrial solutions provider, solidified its commitment to international collaboration at the 2024 China International Import Expo (CIIE). The company signed strategic agreements with Carrier Group and SKF (China) Sales Co., Ltd., underscoring its dedication to advancing sustainable technologies and driving global decarbonization efforts.
Grundfos Pumps, a leading water solutions provider, is committed to achieving water and energy net zero status in its Indian plant by 2030. The company is implementing various initiatives, including piloting circulator water pumps, harnessing solar energy, and promoting its iTruck Drive campaign to reduce greenhouse gas emissions. Grundfos India has also experienced strong growth, posting a 14% increase in turnover for the period January-December 2023. The company plans to increase its localization level from 40% to 60% in the next 3-5 years.
