Pennar Industries Limited has announced plans to scale up its hydraulic cylinders manufacturing capacity at its plant located near Chennai from 75,000 cylinders per annum to 2,00,000 cylinders per annum.
The expansion is aimed at catering to both domestic as well as global demand for hydraulic cylinders, which are used in agricultural, forestry, construction equipment, material handling, tippers and trailers, aerospace, and defence industries.
The new plant will be equipped to produce 1,50,000 cylinders per annum with scope to expand up to 2,00,000 cylinders as the demand increases.
KM Sunil, Vice President, Corporate Strategy, Pennar Industries Limited, said, “Pennar has found good success with Hydraulic cylinders. Due to strong demand, we are now doubling our manufacturing capacity from current 75,000 units to 1,50,000 units per annum with possibility of increasing it up to 2,00,000 cylinders as the demand increases.”
The Hyderabad-based diversified PIL has more than 25 domestic and global customers for hydraulics, including reputed OEMs, distribution and engineering companies in the world. Over the past two years, PIL has supplied more than 1,00,000 hydraulic cylinders to end-users in the US market.
PIL is augmenting the capacity in a new 45,000 sqft plant at its existing hydraulics manufacturing facility at Periyapalayam, near Chennai. The plant will be fully equipped with complete infrastructure and best-in-class machinery and testing equipment to design, engineer and manufacture high-quality hydraulic cylinders.
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