Pricol has commissioned state-of-the-art greenfield manufacturing plant built across 6.58 acres located in Phulgaon, Pune in Maharashtra. The new facility incorporates Green concepts of Solar power and Variable Frequency Drive (VFD) air conditioning. Roof-top solar panels fulfill 40% of the daily power requirement.
The production lines are designed on lean manufacturing principle with improved layout for streamlined material flow to ensure Quality consistency and Material efficiency. The state-of-the-art manufacturing plant aims to generate an annual revenue of Rs 220 crore in the next 2 years, up from the current annual revenue of Rs 120 crore, thus contributing to company’s 2020 vision.
New investments in Surface-mount Technology (SMT) -Printed Circuit Boards (PCB) manufacturing lines will cater to the growing Electronic Cluster business not only in Two Wheeler but also in Commercial Vehicle, Off Road and Tractor segments. Investments in Electronics Manufacturing will also contribute to the growing Body Control Module and Telematics businesses.