The Pennar Group, through its subsidiary PEBS Pennar, has bagged orders worth Rs.302 crore across business verticals. Its flagship company Pennar Industries Limited (PIL) secured Rs. 187 crore orders across verticals such as Integrated Coach Factory, Titagarh and Sail Rites for Railway products, Solis, Thermax, IFB, Puzzolana, Schaeffler India and Toshiba, for Solar Module Mounting Structures, Panels and Channels, CRFS and CRSS products, ALF Engineering, Royal Enfield, Thermax, tubes and Emerson, Endurance, Tecumseh, Ashok Leyland and Yamaha, Xylem for Industrial Components and Hydraulics. Apart from this, PEBS Pennar also received orders of Rs. 115 crore for warehouses, manufacturing facilities, tower and solar structures from customers such as TVS Infrastructure, Hindustan EPC, BVG India, Aro Granites, etc, said Vice President - Corporate Strategy, Pennar Industries, K M Sunil, adding that the bulk of new orders are from its existing customers and some from new customers who have faith in the company's engineered products and timely delivery.
📅Published on:
11 March 2019
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