Pinnacle Industries Explained
| Pinnacle Industries Limited |
| Type: | Private |
| Industry: | Auto Components |
| Founded: | in India[1]
|
| Founder: | Sudhir Mehta |
| Hq Location City: | Pune |
| Hq Location Country: | India |
| Area Served: | Worldwide |
| Key People: | Sudhir Mehta (Chairman & Managing Director) Arihant Mehta (President)
|
| Products: | Automotive Seating & Interiors Railway Seating Specialty Vehicle Conversion Commercial Vehicles |
| Num Employees: | 5000+ |
| Subsid: | EKA Mobility |
| Website: | http://pinnacleindustries.com/ |
Pinnacle Industries Limited also known as PIL is an Indian motor vehicle and interior manufacturing company based in Pune, Maharashtra.[2] [3] The company was incorporated in June 27, 1996 in the industrial city of Pithampur, located in Madhya Pradesh, India.[4] Their headquarters is in Pune, Maharashtra. The company designs and develops seating and interior products for commercial vehicles (Trucks & Buses) in India.
Sudhir Mehta is the chairman of Pinnacle Industries. [5] PIL registered a Year - On - Year growth of 40.2% in FY 23-24. In May 2024, Pinnacle Industries announced that it is investing 100 crores on its 4th Plant in Madhya Pradesh. The Plant is expected to be operation by Q4 FY25.
History
Pinnacle Industries Limited was incorporated on 27 June 1996.[6] Their subsidiary EKA Mobility is an Indian company revolutionizing the commercial electric vehicle (EV) space. They're on a mission to accelerate the mass adoption of new-energy vehicles through sustainable, profitable, and efficient solutions. In December 2023, EKA mobility joined forces with Mitsui & Co. & VDL Groep to create a global OEM.
Operations
Pinnacle Industries makes seats and interior products for commercial vehicles. PIL is currently manufacturing Electric Vehicles in India[7] along with its subsidiary company EKA mobility. The company inserts seating systems and interior finishes for ambulances. These Ambulances are equipped with all medical facilities and technologies to deliver medical care to newborns.[8] [9]
Key Products and Services:
- Truck and bus seating: Pinnacle offers a variety of seating options for different types of trucks and buses, including driver seats, passenger seats, and crew cabins.
- Interior components: Pinnacle manufactures a wide range of interior components, such as flooring, panels, dashboards, and grab handles.
- Custom design and engineering: Pinnacle works closely with OEMs to develop custom seating and interior solutions that meet their specific needs.
- After-sales support: Pinnacle provides comprehensive after-sales support, including spare parts, maintenance, and repair services
Recent Developments:
- Expanding their product portfolio to include components for electric vehicles.
- Establishing new manufacturing facilities in India and abroad.
- Collaborating with international companies to further enhance their technology and expertise.
External links
Notes and References
- Web site: PINNACLE INDUSTRIES LIMITED - Company, directors and contact details Zauba Corp . www.zaubacorp.com.
- Web site: Ltd . Pinnacle Industries . Pinnacle by Pinnacle Industries Ltd. . 2022-12-12 . trademarKing.in . en.
- Web site: Pinnacle Industries ltd - Company Profile and News . 2022-12-12 . Bloomberg.com . en.
- Web site: Pinnacle Industries Limited Information - Pinnacle Industries Limited Company Profile, Pinnacle Industries Limited News on The Economic Times . 2022-12-12 . The Economic Times . en.
- Web site: Aim is to become a global volume leader in commercial EVs: Sudhir Mehta, Chairman, Pinnacle Industries . 2022-12-11 . Financialexpress . en.
- Web site: Pinnacle Industries to make components for electric two- and three-wheelers . 2022-12-11 . Financialexpress . en.
- Web site: 2022-09-24 . Bits’n’bytes: Know about startup, business news in Pune . 2022-12-11 . Hindustan Times . en.
- Web site: Bureau . BL Pune . 2022-05-27 . Pinnacle Industries introduces neonatal ambulances in Maharashtra . 2022-12-11 . www.thehindubusinessline.com . en.
- News: Verma . Sunil Kumar . Arihant Mehta: Making his mark in the world of entrepreneurship with his company Pinnacle Industries Ltd. . 20 September 2022.
