Pitti Laminations starts new plant near Hyderabad

Pitti Laminations starts new plant near Hyderabad

Pitti Laminations Ltd has commissioned a new plant for machining near Hyderabad, the capital city of Telangana. It has also started trial runs for another plant at Aurangabad for machining and laminations.

In a statement, Akshay S Pitti, Vice-Chairman and Managing Director of Pitti Laminations, said, “Continuing on the growth momentum we gained during the last few quarters, the company recorded robust performance during the second quarter supported by various operational and strategic initiatives we started in the past.”

The Hyderabad-based manufacturer of electrical laminations has also commenced commercial delivery of products to GE India and expects this to contribute to its growth this year.

“The company’s various expansion plans, including shifting of Pune plant to Aurangabad, are on the verge of completion. We have completed trial production of Aurangabad plant and it is expected to start operations soon. Our plant IV in Hyderabad has started commercial production and will contribute to business in the second half of this fiscal,” Pitti added.

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Author: Research Desk