Pennar Group bags orders worth Rs 682 crores

Pennar Group, a leading value-added engineering products and solutions company, has won orders worth Rs 682 crores across its various business verticals. The PEB vertical has won orders from Tata Steel, Hindustan Coca Cola, API Squad Processing and Zim Laboratories. The Ascent Buildings, USA vertical has won orders from S&S, J&S, Smithson, Gateway Building Systems, Griffin Contracting, Hayden Construction, Building Innovation Group, American Steel Buildings and S&S Contractors. The ICD vertical has won orders from Ashok Leyland, Yamaha, Emerson, Endurance, Haldex, Wabco, Tecumseh, SI Airspring, Kone, Fujitech, Schwing Stetter, INEL, Hydraulics, Elkhart, Kone, Sicor, Venus, Fleetguard and Jost. The Railways vertical has won orders from ICF, Rites, Oriental, Wabtec, SCR, ECR, Titagarh and Texmaco. The Tubes vertical has won orders from ALF Engineering, Thermax, IFB Automotive, Hindalco, Kirloskar Toyota, Patton International, Interoll India, RSB Transmissions, GI Auto, Scott Industries, Andrew Race Cars, LMW, Rakhoh Industries, Nash Industries, Oriental Electrical, LMW, Innova Rubbers and Toyota Boshoku, San & San Auto. Coetz Technologies, Steel Tube Investments. The Steel vertical has won orders from Tata Power, Saint Gobain, Waree, Thermax, VECV, IFB Industries, L G Balakrishnan, Johnson Lifts, Bimetal Bearings, Mudra Fine Blanc, Navayuga Engg, VRL, Miba Drivetech, Contour Steel, JSSL, Prasad Seeds, Amar Raja Infra, PMG Structurals and JM Frictech. The orders were won from a variety of customers across a range of industries, which demonstrates the strength of Pennar Group's products and solutions. The company is well-positioned to continue to grow and expand its business in the years to come. Also Read Motilal report: NHAI grants 6,003 km of highway projects in FY23 Construction of four bridges over Sidhwan Canal begins