Pinnacle Industries Limited, has unveiled plans for the establishment of a cutting-edge facility in Pithampur, Madhya Pradesh. The new plant, with a planned investment exceeding Rs 100 crores, is slated to commence operations by the fourth quarter of the fiscal year 2025.
This state-of-the-art facility marks a significant expansion in Pinnacle Industries’ manufacturing capabilities, with a primary focus on the production of advanced ambulances and railway seating systems. The move underscores the company’s unwavering commitment to bolstering India’s transportation infrastructure while catering to the burgeoning demand for high-quality transportation solutions.
Moreover, the new plant will serve as a cornerstone of Pinnacle Industries’ growing export business, further solidifying its position as a key player in the global market. With a strategic location in Pithampur, the facility is poised to enhance the region’s economic landscape and contribute to its industrial growth trajectory.
Designed to be one of India’s most sustainable manufacturing units, the Pithampur plant will integrate cutting-edge green technologies and practices to minimize environmental impact. It will utilize renewable energy sources, implement water recycling systems, and adhere to stringent standards of waste management and emissions control. Additionally, an R&D center dedicated to continuous product development and improvement will be housed within the facility, ensuring alignment with the evolving market needs.
“We are thrilled to embark on this new journey in Pithampur, Madhya Pradesh,” stated Arihant Mehta, President of Pinnacle Industries Limited. “This facility represents not only a significant milestone for our company but also a commendable contribution to the local economy and the environment. We are committed to setting new benchmarks in sustainable manufacturing and workforce diversity.”
The establishment of the new plant is poised to create over 500 job opportunities, playing a pivotal role in the economic upliftment of the region. Under the ‘EvolutioNARI’ initiative, the facility will prioritize gender diversity by employing more than 30% women, thereby fostering inclusivity and empowering women in the workforce.
Dr. Sudhir Mehta, Chairman of Pinnacle Industries Limited, expressed his enthusiasm about the upcoming facility, stating, “We are delighted to announce the forthcoming manufacturing unit in Pithampur, which underscores our expansion strategy and commitment to innovation. This facility will not only cater to the increasing demand for ambulances and railway seating systems but also reinforce our leadership position in the industry. We remain steadfast in our commitment to driving excellence, enhancing customer satisfaction, and contributing to the local economy through job creation and development.”
The establishment of the Pithampur facility marks a significant milestone in Pinnacle Industries’ journey towards sustainable growth, innovation, and community engagement. With its state-of-the-art infrastructure and commitment to environmental stewardship, the company is poised to make a lasting impact on India’s manufacturing landscape and beyond.