Pennar Group, a leading value-added engineering products and solutions company, has bagged orders worth INR 702 crores across its various business verticals.
More Details:
Orders details are given below:
| Vertical | Customers |
| PEB | SKB Builders, Anthea Pharma, Tata Electronics, Radiant Vyapaar, Powertech, Godrej Boyce, Revolve and Indospace. |
Ascent Buildings, USA | S&S, SNW Steel, LDP Constructions, Metal Roofing Solutions, Rick Cox Constructions, Twin Shores, Gateway Building Systems, Gem Technologies and Chattahoochee Group. |
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 | ICF, RITES, Oriental, Wabtec, SCR, ECR, Titagarh, Danieli and Texmaco. |
Tubes | ALF Engineering, Thermax, IFB Automotive, Hindalco, Kirloskar Toyota, Patton International, Interroll India, RSB Transmissions, GI Auto, Scott Industries, LMW, Nash Industries, Oriental Electrical, LMW, Innova Rubbers and Toyota Boshoku, San & San Auto. Coetz Technologies, Vardhaman, Kumar Piyush and Steel Tube Investments |
Steel | Tata Power, Saint Gobain, Waree, Thermax, VECV, IFB Industries, L G Balakrishnan, Johnson Lifts, Bimetal Bearings, Navayuga Engg, VRL, , Jackson, Nash, 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): Pennar Industries
