Pennar Group, a leading value-added engineering products and solutions company, has bagged orders worth INR 669 Crores across its various business verticals.
More Details:
Orders details are given below:
| Vertical | Customers |
| PEB | RLR Infra, SNJ Distilleries, Antariksh Group, Taiin Infra, Power Mech Projects, SR Enterprises, TVS Sangli and MSR Assets |
| Ascent Buildings, USA | Red Hot Buildings, Tarheel Buildings, Joiner Construction, T&D Concrete, Tifton Buildings, Dunn Buildings, PS West Construction and JA Street. |
| ICD | Ashok Leyland, Yamaha, Emerson, Endurance, Haldex, Wabco, Tecumseh, SI Airspring, Kone, Fujitech, Schwing Stetter, INEL, Hydraulics, Elkhart, Kone, Sicor, Venus, Fleetguard, and Jost. |
| Railways | SAIL, RITES, ICF, Titagarh, Texmaco, Wabtech and Oriental. |
| Tubes | ALF Engg, GI Auto, Patton Intl, Toyota Boshoku, Oriental Electrical, Nu-way Hea Transfer, AE Engineering, Fine Components, Hi Esteem, Sigma Electric, Rajsriya, Mohan Industry, Steel Tubes Investments, Scot Industries and Marimba Auto. |
| Steel | Saint Gobain, Waree, Thermax, VECV, IFB Industries, L G Balakrishnan, Johnson Lifts, Bimetal Bearings, Navayuga Engg, VRL, Primex Plastics and JM Frictech. |
The above orders are expected to be executed within the next two quarters.
About Pennar Industries:
- Our quest for engineering excellence began in 1988, with the establishment of our first manufacturing plant at Isnapur, Hyderabad. Subsequently, we embarked on a series of strategic acquisitions and expansion plans.
- Most notable among them being the acquisition of Nagarjuna Steel Ltd. Press Metal, a unit of Tube Investment (TI), and the assets of Wayne Burt Petrochemicals, erstwhile Bailey Hydro, for venturing into the Hydraulic Cylinders segment.
- We also established a new manufacturing facility at Chennai and set up an assembly unit at Hosur, near Bangalore to meet the requirements of Auto Components.
- We are a multi-location, multi-product company having a significant presence in sectors like Infrastructure, Automobiles, Power, General Engineering, Building & Construction among others. Driven by our guiding philosophy, we have successfully established our identity as a Powerhouse of Engineering Excellence.
Source: Pennar- Press Release | Image Credit (representational): Pixabay
