Pitti Engineering

Pitti Engineering

Leading manufacturer of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, and press tools with global export capabilities. Learn more
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DateInvestorsAmountRound
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IPO
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$43.1m

Post IPO Equity
Total Funding-

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Pitti Engineering Limited, formerly known as Pitti Laminations Limited, was founded in 1983 by Sharad B. Pitti and has since grown to become India's largest and most reputed manufacturer of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, and press tools. The company operates in the industrial manufacturing sector and serves a diverse range of clients, including those in the automotive, electrical, and industrial machinery industries. Pitti Engineering has diversified its business into four main areas: Laminations, Toolings, Machining, and Castings. This diversification allows the company to offer a comprehensive suite of products under one roof, making it one of the few companies globally to do so.

The business model of Pitti Engineering revolves around manufacturing and exporting high-quality industrial components. The company generates revenue through the sale of these components to both domestic and international clients. As the largest exporter of laminations from India, Pitti Engineering has established a strong presence in the global market. The company aims for growth through continuous forward and backward integration, as well as capacity enhancement. Future plans include diversifying into forgings to further expand its product portfolio.

Keywords: Electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, press tools, castings, machining, toolings, industrial manufacturing, global export.

Investments by Pitti Engineering

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Bagadia Chaitra Industries
ACQUISITION by Pitti Engineering Mar 2024