Pennar Industries Limited (PIL)
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Pennar Industries Limited (PIL), a leading value-added engineering products and
solutions company, is expanding its manufacturing operations in the Northern part of India by establishing a
new plant at Raebareli, Uttar Pradesh.
Pennar Industries Limited is establishing its PEB manufacturing plant in Northern part of India at Raebareli, Uttar
Pradesh likely to come up in Q2 2024. The plant spans 16 acres and features a built-up area of 12,000 square
meters. With a production capacity of 36,000 MT per annum, this facility is equipped with state-of-the-art
machinery and a comprehensive setup.
Once fully operational, the plant will enable the company to meet the demands of clients in the Northern and
Eastern part of India, significantly reducing transportation costs.
About Pennar Industries Limited:
Pennar Industries (NSE: PENIND, BSE: 513228) is India’s leading value-added engineering products and solutions
company. Pennar Industries is a diversified engineering firm with presence in the Automotive, Rail & Aerospace
and Infrastructure sectors. The company provides design/detailing, manufacturing and project execution
services to its customers in India, USA and Europe. The company believes in sustainable profitability, liquid and
growth. The primary growth verticals for the company in the next few years are Metal Buildings, Tubes, Boilers
and Process Equipment, Hydraulics and Industrial Components and Engineering Services. Pennar Industries
operates with 13 manufacturing plants, 5 engineering offices and 42 sales offices in India, the USA and Europe.
The company is headquartered in Hyderabad, India.