Analyst Calls

Company statement in response to queries received regarding the announcement made by Cummins Inc. on the generator assembly plant at Pirangut
The proposal for closure of generator assembly plant of Cummins India Limited (CIL) at Pirangut, Pune is under consideration. The low kVA gensets for the domestic market currently being assembled at the Pirangut Plant will be outsourced for contract manufacturing. These very price-sensitive gensets will continue to be sold through the legal entity, CIL. This allows CIL to better manage its operating cost, and positions the business for longer term success.

Company statement in response to queries received on an article titled ‘Cummins to Invest Rs. 1,000 crore on R&D Here’ published in The Economic Times on March 21, 2016 - This investment of Rs. 10 billion towards the R&D Center (also known as Cummins Technical Centre India) is currently underway, and will be completed by the end of 2016 and is part of the capex plan initiated four years ago. The total investment is being shared approximately equally by Cummins India Limited and Cummins Technologies India Limited as this investment will benefit both entities. The construction of this Center at the Kothrud campus has begun since 2011.
  

Disclaimer: Cummins India Limited or any of its subsidiaries / affiliates makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy and / or completeness of the information made available here. It is cautioned that the actual information may materially differ from those expressed or implied in these reports, and the company bears no responsibility to communicate any modifications / amendments / revisions to the same. No information provided shall constitute tax, legal, or investment advice, or an offer to buy or sell securities.