Pricol Limited, a leading manufacturer of automotive components for the global automotive market, recently inaugurated its high-efficiency plant built across 6.58 acres in Phulgaon, Pune.

The state-of-the-art manufacturing plant at Pune aims to generate an annual revenue of Rs220 Crore in the next 2 years, up from the current annual revenue of Rs120 Crore, thus contributing to Pricol's 2020 vision.

Vikram Mohan, Managing Director, Pricol Limited said, "While India continues to emerge as a global auto hub, one of the cities that has contributed towards this growth is Pune. Pricol's new Greenfield plant in Pune, will not only cater to the requirement of the growing Indian market, but further strengthen our position by serving as a key manufacturing unit for Pricol's global operations.

"Lean and unique capabilities of the plant will not only increase our efficiency but also create a synergy in manufacturing and leveraging the latest technologies, which Pricol aims at. The new state-of-the-art high quality manufacturing plant is a major milestone in our journey and we look forward to an exciting future with its establishment."

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