Pennar Group has bagged orders worth ₹317 crore across its various business verticals and the subsidiary, PEBS Pennar. The Group’s flagship company Pennar Industries Ltd (PIL) received orders aggregating ₹190 crore across business verticals of railways, tubes and industrial components.
These orders were received from PIL’s long-standing customers, including Solis Engineering, JM Infratech, IFB, Ashok Leyland, Tecumseh, Wabco, Mahindra, Salem Steel, etc. Pennar Engineered Building Systems, a PIL subsidiary, received orders aggregating ₹127 crore.
The company is witnessing significant demand for pre-engineered warehouses and factory buildings.