Stanadyne, a global leader in the design and manufacture of diesel and gasoline fuel systems has launched EcoForce; a next generation diesel fuel system developed for the below 50 horsepower engine market.
EcoForce is designed for farming, construction and industrial sectors focused on improved fuel economy, increased engine performance and reduced particulate emissions. Stanadyne plans to launch the new product in 2016 with an investment of Rs100 crore over the course of the program.
Since 2004, Stanadyne has produced over 18 lakh pumps for sale within India and in international markets. Recently, Stanadyne achieved over 50 percent local market share of mid-sized generator-sets along with broad penetration into farming and industrial sectors.
Speaking on the occasion, Sanjay Chadda, Managing Director, Stanadyne India said, "EcoForce will address the dual concerns of high fuel costs and air quality emissions resulting in better quality of life in India. With investment plans in place, we are expanding our plant production capacity to accommodate the increasing demand. As a result of strong market interest, we anticipate sales to more than double by 2018."
"To start with, EcoForce will have 90 percent local contents. We are also looking for some local partners in this context. Production and commercial sale of the technology will happen in 2016," Chadda told The Machinist.
At the Mumbai press conference, Dr. John Pinson, Stanadyne President and CTO said, "EcoForce is based on an innovative design concept for the below 50 horsepower market that offers superior engine performance and fuel economy with a lower total cost of ownership."
Pinson also shared with The Machinist that Stanadyne has a strong focus on innovation and has been spending close to ten percent of its turnover for R&D activities. "Our Indian R&D team led by S Jayabalan (Sr. GM, Application Engineering) contributes substantially to our overall R&D efforts globally.
"Our R&D team in India is 40 people currently. While our R&D work is collaborative at the global level, the India team provides inputs from the local perspective," said Jayabalan, speaking with The Machinist.
