Kirloskar Brothers, one of the leading manufacturers of pumps and compressors, has announced the formation of a wholly owned subsidiary in Thailand called Kirloskar Brothers (Thailand) Ltd (KBTL).

According to the company, the newly formed company will mainly focus on Asia-Pacific markets and will control the operations of Laos, Cambodia, Singapore and Indonesia offices.

The company already has received the necessary approval from the Board of Investment, the Thailand government authority, during September 2008.

The authorized capital of KBTL is currently stands at 10 million Baht (equivalent to approximately Rs 1.42 crore).