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Pennar Industries bags orders worth Rs 582 crore

Hyderabad-based Pennar Group, an engineering products and solutions company, has bagged orders worth Rs 582 crore across its various business verticals.
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Hyderabad-based Pennar Group, an engineering products and solutions company, has bagged orders worth Rs 582 crore across its various business verticals during the months of October and November 2021.

The pre-engineered building vertical received orders for construction of manufacturing facilities, warehouses, solar P V modules, structural steel, from customers such as Ultratech Cement, Shri Digvijay Cement, Matrix Structure, Lodha Group among others.

The solar module vertical has received orders from Anantapur Energy Products, Eveready Group among others. The railways vertical has received orders from Wabtech, Dynamic, Orbinox, ICF, SCR, and TI Metal among others.

Pennar said, the industrial components vertical has received orders from Emerson, Endurance, Haldex, AASA, Wabco, Tecumseh, INEL, Elkhart, Venus, SI Airspring among others.

The steel vertical has received orders from Zetwerk Manufacturing, Saint Gobain, Thermax, LG Balakrishnan, Schaeffler India, Toshiba Transmission among others.

Of the Rs 582 crore orders, Pennar’s US subsidiaries have booked orders worth Rs 186 crore from customers such as James Hardie, Aspyre Design, and Indian Creek Movie Studios.

Source : Telangana Today

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