Pinnacle Industries

Pinnacle Industries Limited
Company typePrivate
IndustryAuto Components
Founded
June 27, 1996; 27 years ago (1996-06-27) in India[1]
FounderSudhir Mehta
Headquarters
Pune
,
India
Area served
Worldwide
Key people
Sudhir Mehta (Chairman & Managing Director)


Arihant Mehta (President)
ProductsAutomotive Seating & Interiors | Railway Seating | Specialty Vehicle Conversion | Commercial Vehicles
Number of employees
5000+
SubsidiariesEKA Mobility
Websitehttp://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.

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.

References

  1. ^ "PINNACLE INDUSTRIES LIMITED - Company, directors and contact details | Zauba Corp". www.zaubacorp.com.
  2. ^ Ltd, Pinnacle Industries. "Pinnacle by Pinnacle Industries Ltd". trademarKing.in. Retrieved 2022-12-12.
  3. ^ "Pinnacle Industries ltd - Company Profile and News". Bloomberg.com. Retrieved 2022-12-12.
  4. ^ "Pinnacle Industries Limited Information - Pinnacle Industries Limited Company Profile, Pinnacle Industries Limited News on The Economic Times". The Economic Times. Retrieved 2022-12-12.
  5. ^ "Aim is to become a global volume leader in commercial EVs: Sudhir Mehta, Chairman, Pinnacle Industries". Financialexpress. Retrieved 2022-12-11.
  6. ^ "Pinnacle Industries to make components for electric two- and three-wheelers". Financialexpress. Retrieved 2022-12-11.
  7. ^ "Bits'n'bytes: Know about startup, business news in Pune". Hindustan Times. 2022-09-24. Retrieved 2022-12-11.
  8. ^ Bureau, BL Pune (2022-05-27). "Pinnacle Industries introduces neonatal ambulances in Maharashtra". www.thehindubusinessline.com. Retrieved 2022-12-11.
  9. ^ Verma, Sunil Kumar (20 September 2022). "Arihant Mehta: Making his mark in the world of entrepreneurship with his company Pinnacle Industries Ltd".

External links

  • Pinnacle Industries at Bloomberg
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