This document provides a report on the Kirloskar Group, a 130-year-old Indian conglomerate founded by Laxmanrao Kirloskar in 1888. It details the history and founding of the group, describes its various companies and operations, and outlines the vision, mission, and social initiatives of the Kirloskar Group, which is a major player in industries like pumps, engines, construction, and more. The report examines the growth and achievements of the Kirloskar Group over the past 130 years in becoming a leading engineering company in India.

1. A REPORT
ON
INDIAN BUSINESS HOUSE
AT
KIRLOSKARS
PREPARED BY
DEEPANSHI RAJPUT
REG. NO: 57
PGDM 2017-2019 (AICTE APPROVED)
IIEBM, INDUS BUSINESS SCHOOL, PUNE – 57
SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF THE
POST GRADUATE
DIPLOMA IN MANAGEMENT (PGDM) AICTE APPROVED COURSE

2. Table of Contents
PREFACE...................................................................................................................................4
ACKNOWLEDGEMENTS ............................................................................................................. 5
STUDENT DECLARATION............................................................................................................ 6
EXECUTIVE SUMMARY .............................................................................................................. 7
INTRODUCTION ........................................................................................................................ 8
HISTORY...................................................................................................................................9
ORIGIN................................................................................................................................... 10
ABOUT MR. LAXMANRAO KASHINATH KIRLOSKAR.................................................................... 11
VISION AND MISSION OF THE GROUP ...................................................................................... 13
CODE OF ETHICS ..................................................................................................................... 14
.............................................................................................................................................. 15
BUSINESS PHILOSOPHY........................................................................................................... 16
FAMILY TREE .......................................................................................................................... 17
BOARD OF DIRECTORS ............................................................................................................ 19
PRODUCTS.............................................................................................................................. 20
KIRLOSKAR GROUP COMPANIES.............................................................................................. 23
KIRLOSKAR BROTHERS LIMITED ............................................................................................... 24
KIRLOSKAR OIL ENGINES LTD................................................................................................... 31
Education............................................................................................................................ 35
Health................................................................................................................................. 36
Environment ....................................................................................................................... 36
Livelihood .......................................................................................................................... 36
KIRLOSKAR PNEUMATIC COMPANY LIMITED ............................................................................ 38
KIRLOSKAR FERROUS INDUSTRIES LTD...................................................................................... 40
Our Vision.......................................................................................................................... 41
Our Mission........................................................................................................................ 41
Our Values.......................................................................................................................... 41
HEALTH............................................................................................................................ 42
EDUCATION..................................................................................................................... 44
OTHER INITIATIVES........................................................................................................ 46
COMPETITORS........................................................................................................................ 47
GROWTH OPPORTUNITIES....................................................................................................... 48
SUSTAINABILITY...................................................................................................................... 49

3. ASPIRATION............................................................................................................................ 50
CONCLUSION.......................................................................................................................... 51
BIBLIOGRAPHY........................................................................................................................ 52

4. KIRLOSKAR GROUP
PREFACE
I am grateful to IIEBM, Indus Business School, Pune from where I am pursuing my PGDM.
In the partial accomplishment of the course I am submitting this project report on ‘Kirloskars’
under “Indian Business House” project.
Possible attempts have been made to work on the project deeply gain the practical knowledge
for the same.
Preparing this report helped me to enhance my knowledge regarding the Kirloskars and its
sub companies. Through this report I have learned a lot about the growth of the Kirloskars.
Deepanshi Rajput
Reg. no. : - 57

5. KIRLOSKAR GROUP
ACKNOWLEDGEMENTS
I would like to express my sincere and deep gratitude to Dr. Jai Singh Marwah, Managing
Director and Trustee of IIEBM-Indus Business School, Pune.
I like to express my special thanks of gratitude to the Director Prof Dr. Govind Nandkumar
Hemrajani for giving me the opportunity to prepare the report on “Indian Business House”.
I would like to take the opportunity to express my deep regards to prof. Aarthi Purohit who
instructed me through the project regarding the rules.
The success and final outcome of this project required a lot of guidance and assistance from
Prof. Maushmi Achari.
Deepanshi Rajput
Reg. No. : - 57

6. KIRLOSKAR GROUP
STUDENT DECLARATION
I, Deepanshi Rajput, Reg. No. 57, pursuing my PGDM from IIEBM, Indus Business School,
Pune, Approved by AICTE. I do hereby declare that this project report ‘Fund Raising
Program’ submitted by me to IIEBM, Indus Business School, Pune is an original work
carried out by me. This report is an original work of the undersigned and has not been
reproduced from any other source.
Signature: Date: 15-02-2018
Deepanshi Rajput
s

7. KIRLOSKAR GROUP
EXECUTIVE SUMMARY
The Kirloskar group is a 130 year old organization founded in the year 1888, by Mr. Laxmanrao
Kashinath Kirloskar with the motto of ENRICHING LIVES.
A USD 3.5 billion multinational group is based in Pune, Maharashtra. Kirloskar provides
employment opportunities to over 18,000 (2010) people over worldwide. It operates in the key
industries that drive economic growth like Pumps, Engines, compressors, Chillers, Valves, Pig
iron, Construction and Transmission. In addition to that Kirloskar is present in Oil, Automobile,
and Education sector also.
The company under Shantanurao Laxmanrao Kirloskar achieved one of the highest growth
rates in Indian history, with 32,401% growth of assets from 1950–1991.
In 1988, Rajiv Gandhi, the then Prime Minister of India released commemorative
stamp marking the Kirloskar Group's 100th anniversary.
The Kirloskar Group is also known for setting up India's second oldest
township Kirloskarwadi in Maharashtra, which is now a 100-year-old township in 2010.
Kirloskar Brothers Ltd won the first "best of all" Rajiv Gandhi National Quality
Award in 1992
In spite of all of these there is a lot to learn from Kirloskar group especially from the Innovation
and Business point of view. We can clearly see the growth, progress, challenges, decisions that
Kirloskar group have been taking at times. We can get to know the same from the report which
follows.

8. KIRLOSKAR GROUP
INTRODUCTION
The Kirloskar Group is an Indian conglomerate headquartered in Pune, Maharashtra, India.
The company exports to over 70 countries over most of Africa, Southeast Asia and Europe.
The Kirloskar group of companies was one of the earliest industrial groups in the engineering
industry in India. The group produces Centrifugal pumps, compressors, screw & centrifugal
chillers, lathes and electrical equipment like electric motors transformers and generators.
Kirloskar group is established by Laxmanrao Kirloskar in the year 1888.
While Laxmanrao Kirloskar, established the group in 1888, his son Shantanurao Laxmanrao
Kirloskar played a role in the leadership of the company. The company under Shantanurao
Laxmanrao Kirloskar achieved one of the highest growth rates in Indian History.
In 1988, Rajiv Gandhi, the then Prime Minister of India released a commemorative stamp
marking the Kirloskar Group's 100th anniversary.
In 1974, in cooperation with Deutz-Fahr of Germany, Kirloskar began
manufacturing tractors. They have since ceased tractor production.
The Kirloskar Group also set up India's second oldest
township Kirloskarwadi in Maharashtra, which is now a 100-year-old township in 2010.
Kirloskar Brothers Ltd created the world’s largest irrigation project which was commissioned
in March 2007 the Sardar Sarovar Dam project for the Gujarat Government. This was done
for Sardar Sarovar Narmada Nigam, and on 14 March 2008 commissioned the world’s
second largest water supply system with the world’s highest head in Andhra Pradesh.
Kirloskar Brothers is associated with India's nuclear program and has made canned motor
pumps for pumping heavy water which are deployed at Indian Nuclear Power Plants.

9. KIRLOSKAR GROUP
HISTORY
Mr. LaxmanraoKashinathKirloskarwasthe founderof the
130 yearoldsuccessful “Kirloskargroup”.
Laxmanrao Kashinath Kirloskar was born on 20 June
1869, in a small village, Gurlahosur in Belagavi District.
Laxmanrao was fond of two things: mechanical objects
and painting. Against his father’s wish and with financial
support from his eldest brother Ramuanna, Laxmanrao
joined J J School of Art in Bombay in 1885. Unfortunately, he had to quit after 2 years as he
was found to be partially color-blind. He gave up painting but continued to study mechanical
drawing at the institute.
This skill came handy and lead him to a position of Assistant Teacher of Mechanical
Drawing at Victoria Jubilee Technical Institute (VJTI) on a salary of Rs. 45 per month.
Sometime in early 1890s Laxmanrao started bicycle dealership – he would buy bicycles in
Bombay and send them to his brother Ramuanna in Belgaum where he would sell them. For a
cycle of Rs. 700 to 1000 Ramuanna would also charge Rs. 15 for teaching how to ride.
His first venture - a small bicycle repair shop at Belgaum.
The road on which he started the shop, is today named as Kirloskar Road. Strongly believing
that agricultural implements must fit the milieu they are used in, he manufactured iron
ploughs, the first Kirloskar products.
He established a small unit in the former Aurangabad State for production of Chaff-cutters
and manufacture of iron ploughs. In the early days, Kirloskar had to meet with opposition
from farmers who believed that iron ploughs were poison to the land and make it useless.
Superstitious farmers were extremely hard to convince and Laxmanrao Kirloskar took two
years to sell his first iron ploughs.
The factory now known as famous Kirloskar Industries and the station called
as Kirloskarwadi. Laxmanrao Kirloskar was not only an industrialist but also a great social
reformer. When blind orthodoxy was rampant in rural area, he advocated the removal of
untouchability.
He banned untouchability in the township that he had established at Kirloskarwadi which is
in Sangli district. He believed in social reform and twisted in the goodness of man. He
employed ex-convicts as night watchman.
He had read about industrial townships in Europe and America where the owners of
industries had built communities for the employees. His dream was to build his own industry
and community for his employees; he realized this dream with Kirloskarwadi, a place where
he started the Kirloskar Brothers Limited factory in 1910.

10. KIRLOSKAR GROUP
ORIGIN
The Kirloskar saga began in 1888 when Laxmanrao Kirloskar set up a small bicycle repair
shop (now near the Shree Krishna theatre on Kirloskar road) at Belgaum and later Laxmanrao
and his brothers set up a model industrial colony called ‘Kirloskarwadi’ India’s first
industrial township. In January 1910 when the Kirloskar were being ousted from Belgaum to
make room for a new suburb, they found themselves in dire need of a place to live and work
and hence the birth of Kirloskarwadi.
He started his life as a school teacher and later on, opened a cycle repair shop in Belgaum.
But his ambition and mission could not be satisfied by a small workshop at Belgaum.
When the Municipality of Belgaum ordered Kirloskar to vacate their place, Laxmanrao
Kirloskar could not find a suitable place for his workshop. But thanks to the timely help of
the Ruler of Aundh who offered him a place arranging loan of ten thousand rupees, he started
his factory in an arid waste land by the side of a renowned railway station, named Kundal
Road. The factory later blossomed into famous Kirloskar Industries and the station came to
be called Kirloskarwadi.
Laxmanrao Kirloskar set foot on 32 acres of barren land strewn with cacti and infested with
cobras. Driven by his faith in human ability, Laxmanrao banded together 25 workers and
their families and succeeded in transforming the barren expanse into his dream village.
Ramuanna, Laxmanrao’s brother, planned and administered the township, Shamburao
Jambhekar doubled as engineer and all-round healing man, K.K.Kulkarni, an unsuccessful
student, became a manager, treasurer and odd jobs man, Mangeshrao Rege was the clerk and
chief accountant, Anantrao Phalnikar, a school drop-out flowered into an imaginative
engineer. Such was Laxmanrao’s faith in the human being that, Tukaram Ramoshi and Pirya
Mang, both convicted dacoits, became the trusted guards of Kirloskarwadi.
Superstitious farmers were extremely hard to convince and Laxmanrao Kirloskar took two
years to sell his first iron ploughs.

11. KIRLOSKAR GROUP
ABOUT MR. LAXMANRAO KASHINATH
KIRLOSKAR
LAXMANRAO KASHINATH KIRLOSKAR
Laxmanrao Kashinath Kirloskar (1869-1956) was an Indian
businessman. He was the founder of the Kirloskar Group In
1888, he set up his first venture – a small bicycle repair shop at
Belgaum. Strongly believing that agricultural implements must
fit the milieu they are used in, he manufactured iron ploughs,
the first Kirloskar products.
He had read about industrial townships in Europe and America
where the owners of industries had built communities for the
employees. His dream was to build his own industry and
community for his employees; he realized this dream with Kirloskarwadi, a place where he
started the Kirloskar Brothers Limited factory in 1910.
A man who believed that an understanding of one’s environment and reality was essential to
the manufacture of path-breaking industrial implements. From this steadfast belief was born
the iron plough, the first Kirloskar product. Originally intended as an essential aid to
agriculture, the plough soon became an icon of reform and revolution. Shri Laxmanrao
Kirloskar was not only an industrialist but also a great social reformer. When blind orthodoxy
was rampant in rural area, he advocated the removal of untouchability. He banned
untouchability in the township that he had established at Kirloskarwadi. He believed in social
reform and trusted in the goodness of man. He employed ex-convicts as night watchman.
Shantanurao Kirloskar, the eldest son of the founder travelled to Pune to initiate a new aspect
of the group’s activities – diesel engines. His experience of trying to secure the land for his
factory in Pune was quite different from his father’s in Kirloskarwadi. There was no
benevolent ruler here to bestow acres gratis. Shantanurao had to face the tangle of red tape
and public resistance to acquisition of land for industrial purposes.
LAXMANRAO KIRLOSKAR 1

12. KIRLOSKAR GROUP
Finally, after arguing that factories have a longer life than human beings Shantanurao
Kirloskar won a place for Kirloskar Oil Engines Ltd. (KOEL), twelve months after signing an
agreement of collaboration with Associated British Oil Engines Export Ltd. of UK.
This collaboration, incidentally, was the first of its kind between an Indian and a foreign
company, and signified a bridging of the technological gap between east and west. The
KOEL factory was incorporated in 1946, and soon after that gave India her first vertical high-
speed engine.
Today Kirloskar brothers are a 3.5 billion US Dollars (2012) engineering conglomerate
driving critical industries. They are century old pioneers in areas of specialization like power,
construction and mining, agriculture, industry and transport, oil and gas and environment
protection with a range of world-class industrial products and turnkey services.
They are made up of 8 major group companies, each
led by the best engineering and managerial talent in
India. In addition to engineering, they have interests
in civic utility systems and in Information
Technology and communication.
The Kirloskar Saga began from Belgaum and if in
1910 Laxmanrao had not been ousted from Belgaum may be Belgaum would have been a
different place.

13. KIRLOSKAR GROUP
VISION AND MISSION OF THE GROUP
As originallythe groupishavinga lotof companies butthe visionandmissionof all the companiesis
similartothe visionandmissionof the group.
VISION:
Kirloskargroupwill be the one of the mostadmiredindustriesof the world.
MISSION:
Missionof the group isthat theyshall be knowngloballyasareliable,innovative andcosteffective
solutionproviderinhydraulicmachinesandsystems.
Values:
 Developing and working with mutual trust.
 Building and nurturing team work.
 Fairness in dealing with stakeholders.
 Quality in everything.
 Commitment towards environment.

14. KIRLOSKAR GROUP
CODE OF ETHICS
Since Kirloskar Company has started they have always conducted business with a moral
responsibility in tandem with a conscious driven approach. They are truest to their values and
they nurture and accountable to all our shareholders in maintaining and increasing their wealth.
Some of the ethics that have been administered in Kirloskar corporate DNA are:
 Compliance,
We must abide by the laws, rules, regulations and KBL policies that apply to our business
practices
 Relationship
It is our responsibility to interact fairly and respectfully with each other, all the stake holders
and the community at large in which we operate
 Business Conduct
We must conduct internal and external business, fairly and ethically
 Enforcement
We must conduct investigations in ethical, transparent and legal manner and promote consistent
disciplinary action whenever required.

15. KIRLOSKAR GROUP

16. KIRLOSKAR GROUP
BUSINESS PHILOSOPHY
Business for us is the best service, customer care and a lifelong relationship. “To be a world
class product leader through the STATE OF THE ART manufacturing technologies and
process.”

17. KIRLOSKAR GROUP
FAMILY TREE
laxman rao
kashinath
kirloskar
S. L. Kirloskar
Chandrakant
Kirloskar
Atul Kirloskar
Sanjay
Kirloskar
Alok
Kirloskar
Rahul
Kirloskar
Sarojini Amin
Srikant
Kirloskar
Vikram
Kirloskar
Rajaram
Kirloskar
Prabhakar
Kirloskar
Ravindra
Kirloskar

18. KIRLOSKAR GROUP

19. KIRLOSKAR GROUP
BOARD OF DIRECTORS
Mr. Rahul C.
Kirloskar
(Executive Chairman)
Mr. Atul C.Kirloskar
(Director)
Mr. VikramS.Kirloskar
(Director)
Mr. G. KrishnaRao
(Director)
Mr. D. R. Swar
(Director)
Mr. Sunil ShahSingh
(Director)
Mr. AdityaKowshik
(ManagingDirector)
Dr. Aditi Pant
(Director)

20. KIRLOSKAR GROUP
PRODUCTS
KIRLSKAR CHILLERS
ENGINE MOTOR

21. KIRLOSKAR GROUP
KIRLOSKARENGINE

22. KIRLOSKAR GROUP
PUMP PIPES
ALTERNATORS
MOBILEPUMPS

23. KIRLOSKAR GROUP
KIRLOSKAR GROUP COMPANIES
 Kirloskar Brothers Ltd.
 Kirloskar Oil Engines Ltd.
 Kirloskar Pneumatic Co Ltd.
 Kirloskar Ferrous Industries Ltd.
 Kirloskar Consultants Ltd.
 Kirloskar Chillers Pvt Ltd
 Kirloskar Proprietary ltd
 Kirloskar Ebara Pumps Ltd
 Kirloskar Middle East FZE and SPP, UK.
 Kirloskar Constructions & Engineers ltd. Chennai
 Toyota Kirloskar Motors Ltd

24. KIRLOSKAR GROUP
KIRLOSKAR BROTHERS LIMITED
Kirloskar Brothers Limited (KBL) is a pump manufacturing company involved in
engineering and manufacture of systems for fluid management. Established in 1888 and
incorporated in 1920, KBL is the flagship company of the $2.5 billion Kirloskar Group. The
market leader in fluid management, KBL provides fluid management solutions for large
infrastructure projects in the areas of water supply, power plants, irrigation, oil & gas and
marine & defence. The company engineers and manufactures industrial & petrochemical,
agriculture & domestic pumps, valves and hydro turbines. In 2003 KBL acquired SPP
Pumps (UK). United Kingdom and established SPP INC, Atlanta, USA, is as a wholly owned
subsidiary of SPP, UK and expanded its international presence. In 2007, Kirloskar Brothers
International B.V., The Netherlands and Kirloskar Brothers (Thailand) Ltd, a wholly owned
subsidiary in Thailand were incorporated. In 2008, KBL incorporated Kirloskar Pompen B.V.
which acquired Rodelta Pumps International B.V.in 2015 in The Netherlands. In 2010 KBL
acquired Braybar Pumps, South Africa and in 2012 it established a manufacturing facility in
Egypt as SPP MENA. KBL has joint venture cooperation with Ebara, Japan since 1988 under
Kirloskar Ebara Pumps Ltd. Kirloskar Corrocoat Private Limited is joint venture cooperation
with Corrocoat, UK since 2006. KBL acquired The Kolhapur Steel Limited in 2007, Hematic
Motors in 2010.
KBL acquired Braybar Pumps (South Africa) in 2010.

25. KIRLOSKAR GROUP
PHILOSOPHY: The Company strongly believes that the system of Corporate Governance
protects the interest of all the stakeholders by inculcating transparent business operations and
accountability from management towards fulfilling the consistently high standard of
Corporate Governance in all facets of the Company's operations. The Company is committed
to provide employment to all eligible applicants on the principles of equality without any
discrimination. The employees have to strictly follow the code of ethics and the management
practices zero tolerance for the same.
OBJECTIVE:
• Transparent process of determining remuneration at Board and Senior Management level of
the Company would strengthen confidence of stakeholders in the Company and its
management and help in creation of long term value for them.
• Appropriate balance between the elements comprising the remuneration so as to attract
potential high performing candidates for critical position in the Company for attaining
continual growth in business.
COVERAGE: Guidelines of determining remuneration of:
I. Executive Directors
II. Non-Executive Directors
III. Key Managerial Personnel
IV. Senior Management Personnel

26. KIRLOSKAR GROUP
ACHIEVEMENTS
 KBL created the world's largest irrigation project at the time (March 2007). This was the
Narmada Project implemented on behalf of the Gujarat Government.
 Kirloskar Brothers has been closely associated with India's nuclear program and has
made canned motor pumps for pumping heavy water which are deployed at Indian
Nuclear Power Plants.
 KBL is also the first Indian company to get FM certification for its valves. Kirloskar
Brothers has a presence in over 80 countries
 Kirloskar Brothers Ltd is one of the oldest companies in India and was the first
engineering company in India to sell products under an Indian brand in the late 1880s.
 Kirloskar Brothers Ltd received the ASME N-STAMP in 2012 and is the first Indian
company in rotating equipment to receive this as well as amongst a few companies in the
world to have this accreditation.
 Kirloskar Brothers Ltd is also one of the first pump companies to have an all women
operated and managed manufacturing plant at Coimbatore which is the second largest
metropolitan city of state Tamil Nadu in India.

27. KIRLOSKAR GROUP
Kirloskar Brothers Limited (KBL) is a world class pump manufacturing company with
expertise in engineering and manufacture of systems for fluid management. Established in 1888
and incorporated in 1920, KBL is the flagship company of the $ 2.1 billion Kirloskar Group.
KBL, a market leader, provides complete fluid management solutions for large infrastructure
projects in the areas of water supply, power plants, irrigation, oil & gas and marine & defence.
We engineer and manufacture industrial, agriculture and domestic pumps, valves and hydro
turbines.
In 2003, KBL acquired SPP Pumps, United Kingdom (UK) and established SPP INC, Atlanta,
United States of America (USA), as a wholly owned subsidiary of SPP, UK to expand its
international presence.
In 2007, Kirloskar Brothers International B.V., The Netherlands and Kirloskar Brothers
(Thailand) Ltd., a wholly owned subsidiary of KBL in Thailand, were incorporated. Kirloskar
Pompen B.V. (KPBV), a subsidiary of Kirloskar Brothers International B.V., was incorporated
in 2008 with its head-office based in Velsen-Noord. KPBV operates throughout Europe, along
with its selected service partners in the region. In 2010, KBL further consolidated its global
position by acquiring Braybar Pumps, South Africa. SPP MENA was established in Egypt in
2012. In 2014, KBL acquired SyncroFlo Inc., the largest independent fabricator of commercial
and municipal domestic water booster pumps.
To further strengthen its global position, in 2015, Kirloskar Pompen B.V. acquired Rodelta
Pumps International, The Netherlands.
KBL has joint venture cooperation with Ebara, Japan since 1988 for the manufacture of API
610 standard pumps. Kirloskar Corrocoat Private Limited is a joint venture cooperation with
Corrocoat, UK since 2006. KBL acquired The Kolhapur Steel Limited in 2007 and Hematic
Motors in 2010.
KBL has eight manufacturing facilities in India at Kirloskarwadi, Dewas, Kondhapuri,
Shirwal, Sanand, Kaniyur, Kolhapur and Karad. In addition, KBL has global manufacturing
and packaging facilities in Egypt, South Africa, Thailand, The Netherlands, United Arab
Emirates, UK and USA. KBL has 12,700 channel partners in India and 80 overseas and is
supported by best-in-class network of authorised centres and Authorised refurbishment
centres across the country.
All plants of KBL are ISO 9001 & ISO 14001, OHSAS 18001 and ISO 14000 Environment
Standard certified. These plants apply Total Quality Management (TQM) tools using
European Foundation for Quality Management (EFQM) model. The Kirloskarvadi plant of
KBL is a state-of-the-art integrated manufacturing facility having Asia's largest hydraulic
research centre with testing facility up to 5000 kW and 50,000 m3/hr.
KBL is the only pump manufacturing company in India and ninth in the world to be
accredited with the N and NPT certification by American Society of Mechanical Engineers
(ASME).

28. KIRLOSKAR GROUP
Code of Ethics
Since our inception we have always conducted business with a moral responsibility in tandem
with a conscious driven approach. We are truest to our values we nurture and accountable to
all our shareholders in maintaining and increasing their wealth.
Some of the ethics that have been administered in our corporate DNA are:
 Compliance
We must abide by the laws, rules, regulations and KBL policies that apply to our business
practices
 Relationship
It is our responsibility to interact fairly and respectfully with each other, all the stake holders
and the community at large in which we operate
 Business Conduct
We must conduct internal and external business, fairly and ethically
 Enforcement
We must conduct investigations in ethical, transparent and legal manner and promote consistent
disciplinary action whenever required

29. KIRLOSKAR GROUP
Policies
We believe in achieving organisational excellence with our human capital being strategic
partner in organisational development, by nurturing their capabilities to the fullest
potential and to accomplish Organisational goals. We are committed to:
 Organisational excellence by continual benchmarking and adopting best practices.
 Institutionalising recognition and reward systems to foster performance driven culture.
 Creating a value based organisation by adopting ethical work practices.
 Attract, nurture and retain talent for Organisational effectiveness.
 Creating an ambience for enhancing creativity, learning and teamwork.
 Building and enhancing competencies through holistic learning and providing challenging
opportunities to meet employee aspirations.
 Establishing and deploying communication processes at all levels for openness and
transparency.
 To become the preferred choice of employees.
 Assessing and enhancing employee engagement level.
 Creating a culture of fairness, trust, equal opportunities and individual dignity.
 Discharging corporate social responsibility with a focus on health, education and community
welfare.
 Creating global leaders.

30. KIRLOSKAR GROUP
CSR
We Live For Something
With the changing business scenario worldwide, the face of large corporate houses is also
changing. At KBL, we understand the importance of taking CSR (Corporate Social
Responsibility) to the next level of PSR (Personal Social Responsibility). The great green
awakening is making company after company take a serious look at its own impact on the
environment. Society has now higher expectations of corporate houses taking more public
responsibilities than it did a few years ago.
Some of the initiatives taken by KBL are:
 Formation of 'Vikas Charitable Trust' dedicated solely towards discharging KBL's social
responsibility
 Training programs on common medical ailments held and first aid boxes distributed to schools.
Also annual medical check-ups of students undertaken
 Covers for wells in school premises provided to prevent accidents
 'Dhyas Adarshacha' (Pursuit of Excellence) - a newsletter of Vikas Charitable Trust published
 Setting up of a 'Vidnyan Manch' which organises programs like flying aeroplanes using demo
models
Some of the projects that are in the pipeline are:
 Conducting a 'Parivartan' rally with KBL Eco Club members
 Counselling teenage girls on womens' issues by senior lady members of the Trust
 Organising a lecture series, roping in stalwarts in their fields on relevant and interesting topics

31. KIRLOSKAR GROUP
KIRLOSKAR OIL ENGINES LTD
Incorporated in 1946, KOEL is the flagship company of the Kirloskar group. We have four
state-of-the-art manufacturing units in India that offer world-class service. The company has
a sizable presence in international markets, with offices in Dubai, South Africa, and Kenya,
and representatives in Indonesia and Nigeria.
Incorporated in 1946, KOEL is the flagship company of the Kirloskar group. We have four
state-of-the-art manufacturing units in India that offer world-class service. The company has a
sizable presence in international markets, with offices in Dubai, South Africa, and Kenya, and
representatives in Indonesia and Nigeria. KOEL also has a strong distribution network
throughout the Middle East and Africa.
Today KOEL is an acknowledged leader in the manufacturing of diesel engines, agricultural
pump sets and generating sets.
Power generation
KOEL specialises in the manufacture of both air-
cooled and liquid-cooled diesel engines and
generating sets across a wide range of power output
from 5kVA to 3000kVA. We also offer engines
operating on alternative fuels such as bio-diesel,
natural gas, biogas and straight vegetable oil (SVO).
The “Kirloskar Green Genset” is the market leader
and most preferred brand among customers in the
power generation and telecom industry in India.
Our customised power solutions suits a wide range
of applications including both standby and prime
power requirements. Our generating sets are
available in both open and sound proof, environmentally friendly canopies.
The major markets served are:
 Service industries such as telecom, IT/ITES, BPO, shopping malls, hotels, hospitals, and
banks; educational and financial institutions.
 Infrastructure projects such as airports, roads, bridges, residential and commercial complexes,
townships, high-rise buildings and many more.
 Other significant industries include engineering, manufacturing, FMCG, automobile and auto
ancillaries, textile, pharmaceuticals, dairy, and food processing.
 Defense agencies, such as the air force, army and navy, as well as the coast guard.

32. KIRLOSKAR GROUP
 KOEL is determined to maintain its position as the market leader in the power
generation, Industrial Engine and agriculture sectors.
 The organisation is further augmenting its in-house research and engineering
facilities, which will ensure that the products we manufacture meet the highest quality
standards and provide the latest technology from performance and cost perspectives.
 KOEL believes that progress is only possible through the continuous training of its
employees. For this we share knowledge and training based on the latest principles of
Six Sigma and lean manufacturing concepts and other progressive initiatives are also
encouraged.
 New customers and export markets are key focus areas for the organisation. KOEL
has a team of committed and like-minded employees who continuously strive for
perfection with a common goal - to be the leaders in whatever we do. Our goal is to
support our employees so that they may continue to do their jobs skilfully both now
and in the future, in line with KOEL’s guiding principles of speed, innovation and
transparency.

33. KIRLOSKAR GROUP
AWARDS AND ACHIEVEMENTS
 Parivartan Sustainability Leadership Award 2014" for resource management in
automotive sector by Sustainability Outlook - India's leading forum on corporate
sustainability.
 The National Record 2011 award by Limca Book of Records for not losing a single
man-day due to labour unrest in the past 50 years.
 Kirloskar Oil Engines Ltd. honoured by “Parivartan Leadership Award for
Sustainability-2011” organized by India Carbon Outlook, New Delhi.
 Maharashtra Ratna 2010 awarded to Atul Kirloskar, Chairman and Managing
Director, Kirloskar Oil Engines Limited, by the President of India, Pratibha Tai Patil.

 Kirloskar Oil Engines Ltd. bags “ 11th National Award for Excellence in Energy
Management- 2010” organized by Confederation of Indian Industries (CII).

 CII EXIM Bank Award for Business Excellence 2009 for Strong Commitment to
Excel from the Confederation of Indian Industries (CII).

 KOEL have received the ‘National Energy Conservation Award -2009’ from Hon.
Minister of Power, GoI Mr Sushil Kumar Shinde.
 KOEL, Pune has bagged First Award in the “K-Group Interplant ENCON
Competition 2009-10” into large unit category.

 KOEL, Pune has bagged Second Award in the “K-Group Interplant ENCON
Competition 2008-09” into large unit category.

34. KIRLOSKAR GROUP
Manufacturing Facilities
Kirloskar Oil Engines Ltd (KOEL) has a nation-wide network of operations that delivers high-
quality products. We have advanced manufacturing units in India at our Pune, Nashik, Rajkot
and Kolhapur plants. Our state-of-the-art manufacturing facilities ensure that KOEL engines
are manufactured in an optimised and eco-friendly manner.
The Pune-based unit additionally includes administrative, sales & marketing, sourcing &
testing and validation facilities.
Our large engines facility at Nashik includes a machine shop and assembly line capable of
manufacturing most of the necessary components for in-line and vie engines. Our engine test
facility is well-equipped to test engines from 2.5 MW to 10 MW dynamometers. We also have
facilities to test diesel generating (DG) sets up to 5 MW rating.
The manufacturing plants are well-equipped with advanced CNC machinery; they have
modern, cutting-edge technology for the machining of all critical components. The units are
safe, environment friendly and energy-efficient.
KOEL strives to continuously improve its production lines. The manufacturing facilities are
consistently upgraded and improved to ensure total built-in quality at a competitive cost.

35. KIRLOSKAR GROUP
CSR
We recognise our responsibility towards the society in which we operate. Being a good
corporate citizen, KOEL is committed to raising the quality of life and social well-being of
communities, thus contributing to the progress of the regions and the provinces in which we
operate.
For us, ‘Enriching Lives’ is all about continuously pursuing higher goals of economic
prosperity, mass development and environmental harmony. Happy communities and
sustainable businesses are parameters against which we benchmark our community efforts.
KOEL’s social initiatives are deployed innovatively at all its locations – Pune Plant, Kagal
(Kolhapur), Nashik and Rajkot.
KOEL has a dedicated corporate social responsibility (CSR) team that follows a four-pronged
strategy focusing on:
 Supporting underprivileged communities
 Improving health-care facilities
 Education
 Environmental Conservation
Education
 Cash awards to school children
 Supporting Akanksha centers
 Education sponsorship to orphans
 School stationery to needy children
 Teacher training programmes
 Career guidance workshops

36. KIRLOSKAR GROUP
Health  Life skill training
 Health awareness programmes
 Workshops on de-addiction
 Awareness on HIV/Aids
 Free health check-up camps
 Water, Sanitation and Hygiene (WASH)
initiatives
Environment
 Tree plantation
 PUC check-up camps
 Environment awareness programmes
 ENCON initiatives
Livelihood
 Employability development programmes
 Livelihood Advanced Business School
(LABS) training programmes

37. KIRLOSKAR GROUP
RISK MANAGEMENT FRAMEWORK
The risk management process is embedded in the organizations working methodologies
and decision making process and is aligned to the Company’s Strategic Planning Process.
The process involves identification, evaluation, mitigation and review of risks and
opportunities both at business and enterprise level.
The risk management process is owned by the Internal Audit Department and is a
comprehensive process that ensures coverage of major strategic, people related,
environmental, economic and operational risks that could possibly derail achievement of
the Company’s objectives and goals.
Risk owners, identified for each risk, prepare detailed mitigation plans which are
formulated based on projects undertaken and in line with the Company’s goals, both short
and long term. The enterprise risks and mitigation plans are reviewed by the Audit
Committee and Board periodically.
The business risks are managed through cross functional teams from across businesses.
These are reviewed by the business heads at periodic intervals.

38. KIRLOSKAR GROUP
KIRLOSKAR PNEUMATIC COMPANY LIMITED
Kirloskar Pneumatic Company Limited (KPCL) is one of the core Kirloskar
Group companies and was founded in 1958 by Shantanurao Laxmanrao Kirloskar. The
company offers engineering products and is represented by offices across the globe. KPCL
serves major sectors like Oil and Gas, Steel, Cement, Food and
Beverage, Railways, Defence and Marine. Their product range includes air compressors, air
conditioning and refrigeration systems, process gas systems, vapour absorption chillers and
industrial gearboxes.
KPCL has four strategic business units, Air Compressor Division (ACD), Air Conditioning
and Refrigeration division (ACR), Process Gas Systems division (PGS) and Transmission
division (TRM).
AIR COMPRESSOR DIVISION
ACD is engaged in the design, manufacture, supply and erection/commissioning of a wide
range of air and gas compressors. This encompasses the reciprocating and rotary (screw and
centrifugal) compressors for industrial segments and defence. KPCL offers air compressors
from 30 to 10,000 CFM.
AIR CONDITIONING AND REFRIGERATION DIVISION
ACR division offers Reciprocating Open-Type Compressors (Cold Chain applications),
Process Refrigeration Systems (Refinery and Petrochemicals, Chemicals, Fertilizers and
Marine) and Vapour Absorption Chillers (Process Cooling and Air Conditioning). ACR
Equipment range from 50 to 500 TR, Vapour absorption chillers from 90 to 500 TR and
Refrigeration Systems up to 800 TR.

39. KIRLOSKAR GROUP
PROCESS GAS SYSTEM DIVISION
PGS provides turnkey solutions for Gas Compression Systems in the Oil and Gas Sectors. It
also undertakes Operation and Maintenance contracts for Compressed Natural Gas (CNG)
and American Petroleum Institute (API) Gas Compression packages. KPCL offers CNG
packages with Suction Pressure (0.5 to 65 bar) and Gas Flow (300 to 3,500 SCMH). API Gas
Compression packages range from 50 CFM to 6000.
TRANSMISSION DIVISION
TRM is engaged in the design, manufacture and supply of traction gears,
railway transmissions and customized gearboxes for wind turbines, and industrial
applications. TRM also offers refurbishment of industrial gearboxes of select applications.
The wind turbine gearbox range is up to 2.5 MW and industrial gearbox is up to 16 MW
It is having subsidiaries companies also like
Kirloskar chillers pvt. Ltd.

40. KIRLOSKAR GROUP
KIRLOSKAR FERROUS INDUSTRIES LTD.
Incorporated in 1991, KFIL is the flagship company of the Kirloskar Group. KFIL was
promoted by Kirloskar Oil Engines Limited (KOEL) and Shivaji Works Limited (SWL). And
later in the year 2007, SWL was acquired by KFIL. KFIL was incorporated with the objective
of catering to the requirement of high quality Pig Iron and intricate, thin walled grey iron
castings to the emerging in Tractor, Auto, Engine and other related segments.
KFIL set up the manufacturing facility at Bevinahalli village considering the proximity to
major raw material i.e., Iron Ore which is available within the radius of around 40 KMs in
Hospet-Sandur-Bellary area. Location is also well connected by road, rail and port.
KFIL is having Pig Iron and Casting manufacturing facilities at Bevinahalli, Koppal District,
Karnataka and our foundry is the first of its kind having integrated set up to serve the
customer with quality castings. KFIL has captive power generation facility. KFIL is having
casting manufacturing set up at Shivasahi, Solapur with semi-finish machining facility.
KFIL is determined to maintain its position as market leader in Pig Iron and Grey Iron Castings
business.
The organization is further augmenting its in-house capacity to manufacture pig iron by
upgrading the facility using latest technologies in the mini blast furnace. In respect of castings,
we are enhancing the capacity by removing the manufacturing bottle necks and adding
additional moulding line for castings with contemporary manufacturing technology.
KFIL has through the years inculcated the system of first time right process by adopting latest
technologies in mould design analysis, prototype and tooling for product development so as to
achieve reduced time for development of new product.
KFIL believes that its goals are achieved by continuously developing the capability of its
people through employee development programme, training on latest technologies,
management & manufacturing concepts and providing individual growth opportunities.
KFIL is committed to serve customer by partnering in development process from the initial
phases of design, and we believe in meeting the expectations of delivery, quality and cost to
add value in the customer value stream.

41. KIRLOSKAR GROUP
Our Vision
“To be a product leader in pig iron & casting business”
Our Mission
To become lowest cost, quality pig iron manufacturer amongst the secondary pig iron plants
by:
 Reduced coke consumption
 Improved productivity
 Increased power generation
To become preferred partner in casting business by:
 Supply of Quality castings
 Faster new product development
 On time delivery
Our Values
 Customer focus.
 Integrity.
 Fairness & Partnership Development.
 Mutual Trust & Team Work.
 Agility with Discipline
 Responsible Corporate Neighbor
Building on this Vision, Mission & Values, we aim to achieve excellence in our operation and
offer the “Best in Class” Products and Service to our customers.
CSR

42. KIRLOSKAR GROUP
KFIL being responsible corporate citizen, is committed to contribute to the society. KFIL has
taken Health, Hygiene & Education as focus area for improvements in the neighboring villages.
KFIL have established KFIL Rural Development Trust to discharge its social responsibility
commitment.
HEALTH
KFIL has setup a Health Centre in the neighbouring village & organizes visits of specialist
Doctors on every week, supply of Medicines, organization of Health Camps like General Health,
Eye camps & various Health awareness programmes.
Health Centre- Bevinahalli
Doctors Visiting the Village Health Centre-
Bevinahalli

43. KIRLOSKAR GROUP
HYGINE
Under the CSR Initiative, to improve the Hygiene KFIL has undertaken, supply of drinking
water, construction of drainages & Toilets in the neighbouring villages.
 Construction of Toilet Block to each house at
Bevinahalli village. 100 No completed.
 Our Goal is to provide Toilet block each house @
Bevinhalli. During 2011-12 we have completed 100
nos
 Drinking water to Bevinahalli village
 To cater to the demand of dirking water providing
additional drinking water to Bevinahalli village by
installing new Bore well, pipe line, Motors etc.

44. KIRLOSKAR GROUP
Construction of Drain at Bevinahalli village road
connecting road to Gingera. ( 260 Mtr)
 This project is to improve the hygiene of the village,
nearly 100 houses got the benefit of drainage.
EDUCATION
Under the Education program KFIL is supporting Primary & Secondary Education to educate the
children in the neighbouring villages. KFIL has also organized Vocational courses to benefit the
rural youth.
 Basic computer coaching for Bevinahalli students
was extended in a coordination with M/s. Kenocis
Computer Institute Koppal.
 The Training period was 45 days and covering 60
students.
Financial Assistance to Srinivas Ram Morarka
School Hitnal
Hitnal is located under Bevnihalli Panchayat. This is
a High school education for 8th, 9th & 10th standard.
There are 300 to 350 students studying.

45. KIRLOSKAR GROUP
WOMENEMPOWERMENT
We have set up tailoring coaching center at
Bevinahalli by installing sewing machine backed by
two experienced tailoring teachers, under this
scheme, trained 1st batch of 20 women for self-
employment.

46. KIRLOSKAR GROUP
OTHER INITIATIVES
 Scholarship awards to meritorious students of employees.
 Children studying in Diploma & Professional courses.
 Renovation of class rooms at Bevinahalli School
 Honorarium to 2 school teachers at Bevinahalli village.
 Provided electrical wiring for all class rooms at Bevinahalli School.
 Provided a labor for cleaning the school premises at Bevinahalli School.

47. KIRLOSKAR GROUP
COMPETITORS
 Shakti pumps ltd
 Roto pumps ltd
 Hawa engineers ltd
 Adarsh plant protect ltd
 KSB pumps ltd
 Swaraj engines ltd
 Wartsila India ltd
 Greaves cotton ltd
 Cummins India ltd

48. KIRLOSKAR GROUP
GROWTH OPPORTUNITIES
 Provides suitable and most productive assignments, which brings psychological
satisfaction.
 A congenial working environment comparable to the best in the industry; an enviable
professional growth.
 Provides maximum opportunities for personality development.
 Competitive compensation, benefits and remuneration based on results is our policy today
and focus in the future.

49. KIRLOSKAR GROUP
SUSTAINABILITY
For us, sustainability means not only the conservation of the environment, but also the
wellbeing of our stakeholders, communities, and the world-at-large. It is an integral part of
our business, and a defining driver on our road to long-term profitability. Its entails financial
growth and profit, and responsibility towards communities and stakeholders, giving back,
good governance, ethical practices, and respecting the law of the land.
Sustainability performance
From embedding sustainability as a business driver across the Group to empowering
individual businesses to drive sustainability, within this years, we have successfully cascaded
sustainability from a boardroom vision to a shop floor reality. Powered by Alternative
Thinking - our bespoke approach to sustainability, we enhanced awareness, expounded a
strong business case to employees, institutionalized frameworks, invested in capacity
building plus rewarded and recognized outstanding performers.

50. KIRLOSKAR GROUP
ASPIRATION
We ‘Aspire’ to be the most admired industries in global market in coming few years.
Kirloskar group got the ‘aspiration’ from the Autobiography of Mr Shantanurao Laxmanrao
Kirloskar.
This is an important book, written by an important man building on his father's sure
foundations Shantanurao Kirloskar developed the small venture of Kirloskar Brothers into a
mighty Groups of companies with branches all over the world, whose interests range from oil engines and
electric motors to machine tools and tractors, hotels and consultancy services. "Shri SLK", as
he is respectfully known tomany, is aman of bothIndian and international stature.
Kirloskar group always Aspire to break the limits of the record and they successful too.
In the book ‘cactus and Roses’ Mr Shantanurao Kirloskar has explained clearly that how he
had made the foundation of his father in life long momentum.
He was only the one who promoted the company in worldwide and made highest growth
during his leadership.
He always inspires the whole Kirloskar group and the Kirloskar group ‘aspire’ the same.

51. KIRLOSKAR GROUP
CONCLUSION
My work hence shows that Kirloskar group is a wide and expanded Indian business house
which is not only working over its growth and expansion but is also working towards making
its origin strong and making Indian economy with a strong base. Employees, customers,
shareholders, workers, suppliers, creditors or for that matter anyone who has a stake in
Kirloskar is taken care of very well. The resources used are optimally utilized, wastages are
minimized. It has been facing a huge level of competition and also many problems but as it
has always evolved, it is still evolving and will always be the same. Working, development,
commitments, strategies, its philosophy has been clearly indicated in the report.

52. KIRLOSKAR GROUP
BIBLIOGRAPHY
WWW.WIKIPEDIA.COM
WWW.GOOGLE.COM
WWW.KIRLOSKAR.COM
WWW.KIRLOSKARPUMPS.COM
WWW.KOEL.KIRLOSKAR.COM
WWW.KIRLOSKAR-ELECTRIC.COM