Transforming TO A BETTER TOMORROW
Transformation is an all-encompassing process of progress and also a catalyst for change. We continue to transform – with every new product we produce, every new system we develop, every new process we command and every new team member we add.
Against a backdrop of increasing global challenges, we have taken significant strides to advance transformative strategies across our operations, assets and supply chains.
In our journey of innovation and technological transformation, our endeavour was to become a business that creates lasting value for its customers, stays relevant in the era of the 4th industrial revolution, serves some of the most prestigious companies in the world and makes India self-reliant in fluid management.
FY 2023-24 witnessed a continuation of this transformational growth and provided the framework to address key risks and challenges, enhance competitiveness and support long-term sustainability ambitions.
Our transformation involved accelerating initiatives in strategic focus areas, enhancing our margin profile and increasing the proportion of high- margin segments. We are improving the mix of international operations and minimising exposure to low-margin businesses. We are restructuring our business portfolio by expanding our range of energy-efficient, globally competitive products and providing effective solutions to complex issues. Our pursuit of digital transformation includes optimising business processes, developing cutting-edge innovations in fluid management and utilising artificial intelligence to revolutionise business models. A fundamental pillar of our journey is the implementation of comprehensive quality productive maintenance to modernise and debottleneck operations, ensuring consistency in deliveries to customers. Additionally, we are driving a positive environmental impact through transformative work on sustainability, focussing on climate change and carbon neutrality.
Transformation is also reflected in the mindset and spirit of the teams that developed these machines and devices and in the behavioural change under human capital. Each valued member of Team KBL is at the core of this transformation, as new thoughts, new ideas and newer avenues find greater expression and implementation.
Today, we are proud to be acknowledged as one of the leading manufacturers of pumps, valves and hydro-turbines striving towards ‘Enriching Lives, Transcending Boundaries’ every day.
