- Source: Pix Transmissions
Pix Transmissions Ltd (PTL) is an Indian manufacturer of belts and related mechanical transmission products. Headquartered in Mumbai, Maharashtra, the company has manufacturing facilities in Hingna and Nagalwadi, Nagpur.
In 2021, PTL reported consolidated revenue of INR 4 billion. The company has also listed in the Bombay Stock Exchange in the year 1989.
History
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.
The company has manufacturing units in Hingna and Nagalwadi, Nagpur. The Nagalwadi facility is an automated polymer mixing facility.
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.
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, Nagpur.
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
"Pix Transmis Standalone December 2021 Net Sales at Rs 107.95 crore, up 4.42% Y-o-Y". Moneycontrol. 16 February 2022. Retrieved 21 March 2022.
"Pix Transmission Ltd". Business Standard India.