Pricol Limited (founded as Premier Instruments and Controls 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.
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 (Indonesia) and business offices in Tokyo, Singapore, Cologne (Germany) and Detroit (USA).
Pricol also acquiesced a group company PMP of Ashok Piramal group, which operates the manufacturing plants in Satara (India), Rudrapur (India), Puebla (Mexico) and in Prague (Czech republic), they bought complete wiper business from PMP.
Pricol operates in five business areas: driver information systems, switches, actuators and sensors, powertrain products, telematics and infotainment, and fleet management systems.
Key events in Pricol Limited's history