Anant J. Talaulicar, Chairman & Managing Director, Cummins India Limited said, "As domestic markets continue to gradually improve, our domestic business grew three percent sequentially primarily owing to our industrial off highway engine and distribution businesses. 

"As compared to the same quarter last year, our domestic business grew 12% mainly due to growth in the power generation and distribution businesses. We continue to either improve or maintain our market share position. We generated strong cash flow in the quarter. Global markets have worsened this year. However, the company remains positive about the improvement prospects in the domestic market arising from the Government's focus on infrastructure improvement".

"The CIL board has proposed that CIL would run the minor analysis-led design activities carried out by Cummins Research Technologies India Private Limited (a joint venture company of Cummins India Limited.) for CIL, in-house by absorbing the appropriate number of employees from CRTI into CIL. 

"This will further enable CIL to enhance efficiency, optimize the response time, reduce the administrative procedures and avoid duplication of efforts. In short, there will be simplicity in running the same activities in a more effective manner. On completion of the absorption of the appropriate number of employees, CIL would exit from the operations of CRTI and its shareholding."
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