Pinnacle Industries Limited Focuses on Ambulance, Railway Seating, and Export Business with New Facility
Wednesday, May 29, 2024: Pinnacle Industries Limited, a leading name in commercial vehicle seating and interiors, has announced the establishment of a state-of-the-art manufacturing facility in Pithampur, Madhya Pradesh. With an investment of over 100 crores (INR), the facility is set to be operational by Q4 FY25, primarily focusing on the production of advanced ambulances, railway seating systems, and expanding the company’s export business.
The new Pithampur plant is a testament to Pinnacle Industries’ commitment to sustainability. Designed to be one of India’s few green manufacturing units, the facility will incorporate renewable energy sources, water recycling systems, and stringent waste management and emissions control practices. Additionally, an R&D center within the facility will drive continuous product development, ensuring Pinnacle Industries remains at the forefront of market needs.
“We are excited to begin this new chapter in Pithampur, Madhya Pradesh,” said Arihant Mehta, President of Pinnacle Industries Limited. “This plant represents a significant step forward for our company and a notable contribution to the local economy and environment. We are proud to lead by example in sustainable manufacturing and workforce diversity.”
The new facility will generate over 500 job opportunities, with a notable commitment to gender diversity through the ‘EvolutioNARI’ initiative, ensuring 30% of the workforce will be women. This move underscores Pinnacle Industries’ dedication to fostering economic empowerment for women and strengthening community engagement.
Dr. Sudhir Mehta, Chairman of Pinnacle Industries Limited, highlighted the strategic importance of the new facility, stating, “This upcoming plant in Pithampur is crucial for our expansion strategy. With 27 years of presence in Madhya Pradesh, this will be our fourth plant in the region. It will help us meet the growing demand for high-quality ambulances and railway seating systems while solidifying our industry leadership. We are committed to innovation, customer satisfaction, and contributing to the local economy through job creation and development.”
Pinnacle Industries’ expansion into Pithampur marks a significant milestone in its journey, emphasizing sustainable manufacturing, workforce diversity, and community development.
