German Pump Major Homa Seals JV with India’s Ekki Pumps for India and Neighbouring Markets
Homa and Ekki Pumps are pleased to announce their International Joint Venture alliance. Ekki and Homa have signed an agreement to create a focused waste water joint venture pump company, based in India to serve India and its neighboring markets.
Homa and Ekki Pumps are pleased to announce their International Joint Venture alliance (Image: Ekki Pumps)
Set up with a long term strategy to serve the Indian needs, this partnership between HOMA and EKKI will strengthen the Prime Minister Narendra Modi “Make in India”, “Clean India” and “Skill India “Mission
The objective of this equal equity long-term JV is to bring to India and neighbouring markets a range of outstanding highly efficient and reliable German quality waste water pumps and systems benefiting from the collective strengths of both the companies.
This new partnership will enable Homa to significantly expand its global reach into this part of the world. Ekki will gain access to the iconic German Homa brand, and its cutting edge wastewater pumping systems, enabling it to offer a wide range of pumps for India and nearby markets.
Ekki and Homa are excited by the opportunities of this partnership. As part of the JV, the two firms are also looking at setting up a new manufacturing facility in India to serve India and neighboring markets.
The newly formed alliance will have Dr.Klaus Hoffmann as the Chairman of the Board and Kanishka Arumugam joining as the Chief executive of the JV supported by Mr. Vasileios Petridis and Mr.Arumugam Periasamy as the board members.
Source: EKKI Group Companies