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Pix Transmissions

Indian belt manufacturing company From Wikipedia, the free encyclopedia

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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]

Quick facts Company type, Traded as ...

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]

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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.[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]

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R&D facilities

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

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

References

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