About us
About Precision Engineering Works
Precision Engineering has been promoted by first generation entrepreneurs having over 25 years of experience in the manufacturing of machined components in Auto & Non Auto segments
The facility was set up in 2010 & is situated at Bhosari, (Pune,
Maharashtra , INDIA) an Industrial Town.
The Company is IATF :16949-2016 Certified by DNV .
Qualified in ‘Sustainability assessment’ by EcoVadis for the year 2024
Years of experience
0
Satisfied customers
0
%
Our Strengths
- Organized structure with individual function head along with competent team for smooth functioning of Existing and New business. ( Total strength of 200+ Employees in which 35 are technical Engineering staff )
- One Stop Solution under one Roof for small to large volume of parts & having facility of various machines for all critical processes to manufacture parts with in short lead time.
- Having our own bright Bar Manufacturing setup under the Name of Vipul Bright steels Pvt. Ltd.
- Exposure to manufacture parts in Alloy steel , Stainless Steel , Aluminum and Brass material.
- Tie-up with Suppliers for special processes like Heat Treatment, Surface Treatment, cold forging , hot forging & these suppliers are approved from OEM.
- Faster new product development cycle as dedicated development team for Manufacturing process design and execution.
- Active support on VA / VE
- Practicing best systems & Tools like TPM ,StEDE and Certified with IATF: 16949-2016 .
- Company audited and approved as Tier 2 Sustenance GREEN supplier by Maruti Suzuki.
Business Growth in Turnover & Future Plan
Sector-wise Share of Business
| Segments | Million (INR) | Million ($) | In (%) |
| Automotive | 348 | 4.35 | 67% |
| Non- Automotive | 172 | 2.15 | 33 |
Business Contribution (Domestic/Export)
| Export to Countries | % Business Distribution |
|---|---|
| UK | 26% |
| US | 40% |
| Germany | 8% |
| Netherland | 8% |
| China | 2% |
| Brazil | 16% |
| Year | Export Sales (In million INR) |
Export Sales (In %) |
Domestic Sale (In million INR) |
Domestic
Sale (IN %) |
Others
Sale (In million INR) |
Others
Sale (In %) |
Total Sales (In million INR) |
| 23-24 | 109 (1.3 Million $) |
21% | 397 (5 Million $) |
76% | 14 (0.2 Million $) | 03% | 520 (6.5 Million $) |