Pennar Industries bags new orders worth Rs. 669 Crores across its various businesses

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