A high-level delegation led by the Consul General of the Republic of Indonesia, Saut Siringoringo, has recently visited Premium Stephan, the geared motors manufacturing facility of Premium Transmission Ltd (PTL), in Aurangabad.

The plant was established in 2012 following PTL’s acquisition of Rexnord Stephan in Germany. An ISO 9001: 2008-certified facility, it had commenced manufacturing the Premium Stephan M series of geared motors the same year. The facility can manufacture 25,000 units per annum.

Hariyanta Soetarto, Consul (Economics), Consulate General of the Republic of Indonesia, and Walfred Tagor Manihuruk, Director - Indonesian Trade Promotion Center (ITPC) in Chennai, were part of the delegation.

The visit was a part of a 3-day session organised by ITPC in association with the Chamber of Marathwada Industries and Agriculture (CMIA), to enhance trade and investment relations between India and Indonesia.

Santanoo Medhi, CEO and MD, Premium Transmission, said, “This visit opens the door for Premium Transmission Limited to strategically align ourselves to export industrial gearboxes & geared motors for diverse industries in Indonesia. Our Shendra plant is equipped with the most advanced multi-head machines to produce high quality precision gears, and the latest sealed quench heat treatment furnaces that provide control and flexibility. It gives customers the benefit of accessing world class German precision and quality at a value for money cost.”

Revenue from the plant since inception has witnessed a CAGR of 30 per cent. More than half its products are exported to Europe and South East Asia.

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