Pennar Industries Limited Wins Multiple Orders Aggregating INR 1,240 Million Across its Various Business Verticals
January 02, 2019 at 02:35 am
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Pennar Group has bagged orders worth INR 3,090 million across its various business verticals and the subsidiary, PEBS Pennar. The Group's company Pennar Industries Limited (PIL) received multiple orders aggregating INR 1,240 million across its business verticals such as railways from Integrated Coach Factory, Modern Coach Factory, etc.; for Hydraulics and industrial components from customers like Emerson, Endurance, Firestone, etc. and the solar and building components division received orders from L&T, PES Engineers, IFB, LG Balakrishnan, Wahi Sons, Bimetal Bearings, etc.
Pennar Industries Limited is an engineering company. It is engaged in manufacturing of cold rolled steel strips, precision tubes, cold rolled formed sections, electrostatic precipitators, and profiles. Its segments include Diversified engineering and Custom designed building solutions & auxiliaries. It also manufactures railway wagons and coach components, press steel components, hydraulics, road safety systems, galvanized products, and solar panels. It provides a range of services, which includes structural engineering services, building information modeling (BIM), plant-product engineering services, industrial automation, and IOT & value-added solutions. It serves various industries, including building and infrastructure, oil and gas, automotive value engineering, heavy engineering, rail transportation, and other industries. Its customers include contractors-architects, fabricators-consultants, MEP contractors, Solution Providers, Fabricators, Engineering consultants and others.