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Pix Transmissions

From Wikipedia - Reading time: 4 min

Pix Transmissions Ltd
Company typePublic
IndustryBelt manufacturer
FoundedMumbai, Maharashtra, India (1981; 43 years ago (1981))
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Revenue
  • Increase INR 4 billion (2021)
[1]
SubsidiariesPIX Europe Limited
PIX Germany GmbH
PIX Middle East Trading LLC
Websitepixtrans.com

Pix Transmissions Ltd (PTL) is an Indian manufacturer of belts and related mechanical transmission products.[2][3][4] Headquartered in Mumbai, Maharashtra, the company has manufacturing facilities in Hingna and Nagalwadi, Nagpur.[5][6]

In 2021, PTL reported consolidated revenue of INR 4 billion.[1] The company has also listed in the Bombay Stock Exchange in the year 1989.[7][8]

History

[edit]

PTL started its operations in 1981 in Nagpur, Maharashtra. In 1999, the company established a new manufacturing facility and began production of Timing, Raw Edge Cogged, and Poly-V Belts.[5]

The company has manufacturing units in Hingna and Nagalwadi, Nagpur. The Nagalwadi facility is an automated polymer mixing facility.[8]

PTL commenced operations in the UK, Germany, and UAE by establishing subsidiaries and joint ventures, such as PIX Europe Limited, PIX Germany GmbH, and PIX Middle East Trading LLC.[9]

In 2021, the company announced its foray into the automotive segment with the launch of PIX Force.[10]

R&D facilities

[edit]

The company has its R&D centers located at Nagalwadi Plant, Nagpur.[9]

  • Plant I: Hingna MIDC[9]
  • Plant II: TRP plant, Nagalwadi, Nagpur [7]
  • Plant III: MEC plant, Nagalwadi, Nagpur [9]
  • Plant IV: Pix logistics hub[5]

Awards and achievements

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  • Export Promotion Council Govt. of India[11]
  • Niryat Shree Award from the president of India[12]

References

[edit]
  1. ^ a b "Pix Transmission reports net profit of Rs 4.20 crore in the March 2010 quarter". NDTV.com. Retrieved 23 March 2022.
  2. ^ "Top three stock picks by HDFC Securities' over the next two quarters". mint. 31 August 2021. Retrieved 25 March 2022.
  3. ^ "Multibagger Stocks: 5 रुपए के इस स्टॉक ने निवेशकों को किया मालामाल, 1 लाख बन गए 1.7 करोड़". Jansatta (in Hindi). 23 February 2022. Retrieved 9 March 2022.
  4. ^ Paoli, Chiara De (4 December 2020). "PIX Introduce It's [sic] New PIX-Terminator Belts". The HeavyQuip Magazine. Retrieved 25 March 2022.
  5. ^ a b c "Pix Transmissions Ltd" (PDF). hdfcsec.
  6. ^ "Top 10 Best Indian Rubber Manufacturing Company In 2022 - Inventiva". 5 March 2022. Retrieved 25 March 2022.
  7. ^ a b "Pix Transmissions Limited: Pix Transmissions Limited sells hydraulic hose business to UK firm | Nagpur News - Times of India". The Times of India. 17 July 2012. Retrieved 9 March 2022.
  8. ^ a b "CRiSil Research" (PDF). www.bseindia.com.
  9. ^ a b c d "Amarpal Sethi, Chairman and Managing Director, Pix Transmission Ltd". www.indiainfoline.com. Retrieved 9 March 2022.
  10. ^ "PIX steps up presence in automotive segment with 'PIX Force' range of belts – Motorindia". Motorindia. 23 January 2021. Retrieved 25 March 2022.
  11. ^ "Pix Transmission Ltd". Business Standard India. Retrieved 25 March 2022.
  12. ^ "Pix Transmissions receives prestigious Niryat Shree award". NDTV.com. Retrieved 23 March 2022.
[edit]
Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Pix_Transmissions
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