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Pricol Limited (founded as Premier Instruments and Controls Limited) is an automotive components and precision engineered products manufacturer [4] based in Coimbatore, India. It was founded in 1972 by the late V.N. Ramachandran and N.Damodaran, but started production in 1975. [5]
Cycles, general insurance, fertilizers, abrasives, automotive chains, car door frames, steel tubes & gearboxes P A Muthoot Finance: Financials Investment services Kochi: 1939 Financial advice, trading P A Myntra: Technology Consumer digital services Bengaluru: 2009 E-commerce P A National Aluminium Company: Basic materials Aluminium Bhubaneswar ...
The company got itself listed on the stock exchange in 1986 and became India's third-largest player in the gears industry. In 2012, Shanthi Gear Products was acquired by the Murugappa Group's Tube Investments of India for Rs 464 crore, including a public open offer for a 26% stake, in Shanthi Gears. [5]
[4] [5] In 2010, Coimbatore ranked 15th in the list of most competitive (by business environment) Indian cities. [6] Coimbatore has trade associations like CODISSIA, COINDIA and COJEWEL representing industries in the city. Coimbatore also has a 160,000 square feet (15,000 m 2) trade fair ground, built in 1999. It was named COINTEC due to its ...
By 1921 the company was the largest worm gear manufacturer in the world. [2] In 1930 the company took over P R Jackson another local firm of gear manufacturers and steel founders. Frank's eldest son, Sir David Brown, became managing director in 1931 following Percy's death in June that year.
Elecon is one of the largest Asian manufacturers of industrial gears and material handling equipment for core major sector like power, steel, cement, sugar, paper, mining, rubber and many more. [2] Elecon group has subsidiaries such as Eimco Elecon Ltd, Elecon Hydraulics, Elecon Information Technology Ltd (EITL) and Tech Elecon Pvt. Ltd. (TEPL).
CG Power and Industrial Solutions Limited, also known as Crompton Greaves Limited, is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution & Rail Transportation.
In Oct 2018, the group first invested ₹77 crore in Coimbatore-based electric vehicle (EV) manufacturer Ampere Vehicles by acquiring a 67.34% stake. Within a year, the company again invested ₹38.49 crore and increased the stakes to 81.23% in Jul 2019. [ 17 ]