Pix Transmissions Ltd (PTL) is an Indian manufacturer of belts and related mechanical transmission products. Headquartered in

Mumbai, Maharashtra Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12.5& ...

, the company has manufacturing facilities in Hingna and Nagalwadi,

Nagpur Nagpur (; ISO 15919, ISO: ''Nāgapura'') is the second capital and third-largest city of the Indian state of Maharashtra. It is called the heart of India because of its central geographical location. It is the largest and most populated city i ...

. In 2021, PTL reported consolidated revenue of INR 4 billion. The company has also listed in the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

in the year 1989.

History

PTL started its operations in 1981 in

Nagpur, Maharashtra Nagpur (; ISO: ''Nāgapura'') is the second capital and third-largest city of the Indian state of Maharashtra. It is called the heart of India because of its central geographical location. It is the largest and most populated city in central I ...

. In 1999, the company established a new manufacturing facility and began production of

Timing Timing is the tracking or planning of the spacing of events in time. It may refer to: * Timekeeping, the process of measuring the passage of time * Synchronization, controlling the timing of a process relative to another process * Time metrolo ...

, Raw Edge Cogged, and Poly-V Belts. The company has manufacturing units in Hingna and Nagalwadi,

. The Nagalwadi facility is an automated polymer mixing facility. PTL commenced operations in the UK,

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

, and

UAE The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as i ...

by establishing subsidiaries and joint ventures, such as PIX Europe Limited, PIX Germany GmbH, and PIX Middle East Trading LLC. In 2021, the company announced its foray into the automotive segment with the launch of PIX Force.

R&D facilities

The company has its R&D centers located at Nagalwadi Plant,

. * Plant I: Hingna MIDC * Plant II: TRP plant, Nagalwadi, Nagpur * Plant III: MEC plant, Nagalwadi, Nagpur * Plant IV: Pix logistics hub

Awards and achievements

* Export Promotion Council Govt. of India * Niryat Shree Award from the president of India

References

External links

* * {{cite news , title=Pix Transmission Ltd. , work=Business Standard India , url=https://www.business-standard.com/company/pix-transmission-1648/information/company-history Companies based in Maharashtra Manufacturing companies based in Mumbai Manufacturing companies established in 1981 Indian companies established in 1981 Indian brands Companies listed on the Bombay Stock Exchange Companies listed on the National Stock Exchange of India