Pricol
Pricol Limited is an automotive components and precision engineered products manufacturer based in Coimbatore, India. It was founded in 1972 by the late N. Damodaran and L. G. Varadarajulu, 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 solutions. Vijay Mohan is the chairman, Vikram Mohan is the Managing Director and Vanitha Mohan is the vice chairman.
Locations
Pricol Limited has six manufacturing plants in India, Plants 1,3 and 4 in Coimbatore, Plant 2 in Manesar and Plant 5 in Pune and Plant 6 in Rudrapur. The company also has plants in Jakarta and Sao Paulo and business offices in Tokyo, Singapore, Cologne and Detroit.Pricol also acquiesced an group company PMP of Ashok Piramal group, which has 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 & Infotainment and Fleet management systems.Products
Driver Information System Products
- Instrument clusters
- Gauges
Power Train Products
- Sintered components
- Oil pumps
- Water pumps
- Chain tensioners
- Auto fuel cock
- Auto decompression unit
- Fuel feed pump
- Idle speed control valves
- Pressure relief valves
Sensors & Switches
- Speed sensors
- Fuel level sensors
- Selective catalytic reduction
- Map and Tmap sensors
- Oil level switch
- Temperature sensor
- Brake light switch
- Vacuum switch
- Power sockets
- Pressure sensor
- Position sensor
Telematics & Infotainment
- Display & Infotainment
- Body control module
- Telematics products
Fleet Management Systems
- Speed limiter
- Centralized Lubrication Systems
- Vehicle tracking system
- Digital tax fare meter
- Cab Tilting Systems
- Journey risk management
History
| Year | Event |
| 1972 | Founded, as Premier Instruments and Controls Limited. |
| 1975 | Started Production |
| 1979 | First Dividend Declaration |
| 1988 | Set up second plant in Gurgaon, India |
| 1993 | Listed in Bombay stock exchange |
| 1995 | Listed in National stock exchange |
| 1999 | Set up Plant 3 and 4 in Coimbatore, India |
| 2001 | Launched disc brakes for two wheelers |
| 2003 | Started a new company Xenos technologies for vehicle security systems |
| 2005 | Opened manufacturing plant in Pune, India |
| 2006 | Opened branch office Detroit, USA and PT Pricol Surya |
| 2007 | Set up manufacturing plant 6 in Pantnagar, India |
| 2008 | Set up manufacturing plant 7 in Pantnagar, India |
| 2012 | Signed Joint Venture with Johnson controls 50:50 |
| 2014 | Xenos technologies merged with Pricol Limited |
| 2015 | Acquired Brazil based auto component maker, Melling |
| 2015 | Exits Joint venture with Denso and Acquired Johnson Controls' 50% stake in Joint Venture |
Group Companies
- Pricol Travel Limited
- Pricol Properties Limited
- Pricol Logistics Private Limited