Pricol


Pricol Limited is an automotive components and precision engineered products manufacturer based in Coimbatore, India. It was founded in 1975 by the late V.N. Ramachandran and N.Damodaran, but started production in 1975. It manufactures automotive components for motorcycles, scooters, cars, trucks, buses, tractors and off-road vehicles used in the construction and Industrial segment. Pricol also manufacture sintered components and products for fleet management. Vijay Mohan is the Founder, Vikram Mohan is the Managing Director and Vanitha Mohan is the Chairperson.

Locations

Pricol Limited has six manufacturing plants in India, Plants 1,3 & 4 in Coimbatore, Plant 2 & 9 in Manesar, Plant 5 in Pune, Plant 10 in Sricity and Plant 12 in Satara. The company also has a plant operating in Jakarta and business offices in Tokyo, Singapore, Cologne and Detroit.
Pricol also acquiesced a group company PMP of Ashok Piramal group, which operates the manufacturing plants in Satara, Rudrapur, Puebla and in Prague, they bought complete wiper business from PMP.

Operations

Pricol operates in five business areas: driver information systems, switches, actuators and sensors, powertrain products, telematics and infotainment, and fleet management systems.

Products

Driver Information System Products

Key events in Pricol Limited's history
YearEvent
1972Founded, as Premier Instruments and Controls Limited.
1975Started Production
1979First Dividend Declaration
1988Set up second plant in Gurgaon, India
1993Listed in Bombay stock exchange
1995Listed in National stock exchange
1999Set up Plant 3 and 4 in Coimbatore, India
2001Launched disc brakes for two wheelers
2003Started a new company Xenos technologies for vehicle security systems
2005Opened manufacturing plant in Pune, India
2006Opened branch office Detroit, USA and PT Pricol Surya
2007Set up manufacturing plant 6 in Pantnagar, India
2008Set up manufacturing plant 7 in Pantnagar, India
2012Signed Joint Venture with Johnson controls 50:50
2014Xenos technologies merged with Pricol Limited
2015Acquired Brazil based auto component maker, Melling
2015Exits Joint venture with Denso and Acquired Johnson Controls' 50% stake in Joint Venture
2025Acquisition of Sundaram Auto Components Pvt Ltd from TVS Group and established Pricol Precision Products Private Limited

Group Companies

  • Pricol Travel Limited
  • Pricol Logistics Private Limited
  • Pricol Precision Products Private Limited
  • Pricol Gourmet Private Limited
  • Pricol Dura Pack Private Limited