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Cummins India Ltd

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BSE Code : 500480 | NSE Symbol : CUMMINSIND | ISIN : INE298A01020 | Industry : Capital Goods-Non Electrical Equipment |


Chairman's Speech

Dear Valued Shareholders,

It is my greatest honor to serve as the Chairperson of Cummins India Limited (CIL). I am grateful for your faith and partnership in creating a compelling legacy of power solutions that drive progress. Over the past 62 years of its presence in India, Cummins has become synonymous with innovation, dependability and trust. Together, we have not only built a successful company, but also played a decisive role in shaping a more prosperous and progressive India.

The past year was marked by significant headwinds, both economic and geopolitical. We navigated these complexities and emerged even stronger and resilient. Together, we are not just

maintaining a momentum of Progress, but also building a Future of Possibilities. For the third straight year, your Company launched best-in- class products, powered the success of its customers and reported record revenues and strong profitability. This success is a powerful reflection of our peopleRs.s sharp focus on delivering exemplary results by capitalizing on opportunities, strategically tapping into the demand across various market segments and geographies and meticulously optimizing cost.

2024 presents a phenomenal opportunity to co-create a future brimming with unmatched Power, Progress and Possibilities. Our relentless pursuit of innovation and excellence is amplified by a commitment to diversity, equity, inclusion and culture (DEIC). Our commitment to Destination Zero is based on the belief that sustainability is not just a priority, but an imperative, guiding everything we do. This collective purpose positions us to not just deliver groundbreaking products and cultivate a best-in-class workplace, but to inspire positive change in the communities we touch and the planet we inhabit. With our unparalleled brand, exceptional talent, diverse product and service portfolio, world-class manufacturing capabilities and extensive service network, we are uniquely equipped to be the engineers of this powerful future.

I am deeply grateful for your contributions and energized by the prospect of achieving even greater things together. The future is ours to shape, and together, we will make it extraordinary.

Once again, I am deeply humbled to be your Chairperson, leading a company with such a remarkable legacy and a future filled with Progress and Possibilities.

Thank you,
Jennifer Mary Bush