Cummins Group plans to invest USD one billion in India over the next decade. Additionally, Cummins India (CIL) will be looking to double its investment in the coming years to 350 crore to 400 crore on an annual basis.
Further on, the company is planning to hire 4,000 people as it makes a transition from fossil fuel engines to hydrogen and green energy-based options.
In April 2023, Cummins signed an agreement with Tata Motors to manufacture a range of low-to-zero-emissions technology products in India over the next few years.
The two companies set up a new business entity called TCPL Green Energy Solutions (GES), which is expected to become operational in FY25.
Expressing his delight on India being one of the first markets to receive Cummins’ Hydrogen engines, Ashwath Ram, Managing Director, Cummins Group in India shared his views, “I am thrilled about the collaboration between Cummins and Tata Motors, which will provide a significant boost to India’s Green Hydrogen Mission, electrification and net zero goals.”
“Our shared vision of a cleaner and greener India is backed by a promising combination of global technological expertise, deep understanding of the Indian market, and robust product development and manufacturing capabilities. As we move forward in our partnership, we will continue to explore new technologies and invest in research and development to commercialize them in the coming years”, Ashwath Ram added.
Ashwath Ram further added, “Our focus is on developing innovative and sustainable solutions that cater to the evolving needs of the Indian Commercial vehicle market, and we are confident that this collaboration will enable us to achieve this goal.”
Cummins Inc., a global power technology leader, is a corporation of complementary business segments that design, manufacture, distribute, and service a broad portfolio of power solutions.
The company’s products range from internal combustion, electric, and hybrid integrated power solutions to components including filtration, after-treatment, turbochargers, fuel systems, control systems, air handling systems, automated transmissions, electric power generation systems, microgrid controls, batteries, electrolyzers, and fuel cell products.
Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 73,600 people.
