Pune-based Premium Transmission, a leading player in the industrial gearboxes, geared motors, fluid coupling segment and lift machine is expanding its business in the eastern India and neighbouring countries with the launch of its first service centre in Bhubaneshwar, Odisha in association with Rockwell Industrial Services.
The company says with the new service centre it will reach out to Bangladesh, Nepal, Bhutan, Myanmar and east India market and also create new employment opportunities in the region. The service centre was inaugurated by Neeraj Bisaria, MD and CEO, Premium Transmission.
The company says the new service centre will act as a one stop solution for its customers, and is capable to cater to the needs of overhauling and reconditioning of gearboxes, geared motors, fluid couplings and lift machine of any make. The innovation led service centre will cater to core sectors like steel power, Oil & gas, Construction and Cement among others.
Premium Transmission says at present it is generating a significant portion of its total revenue from the eastern market. In order to uphold the significance of this market, it has also established one of the manufacturing units in Falta and one development centre in Kolkata. With the launch of this service centre in the eastern region, the company aims to have a 360 degree approach towards its customers in this region.
Speaking at the inaugration Neeraj Bisaria said, “Customer delight is what drives us at Premium Transmission and we have always believed it to be of paramount importance. We intend to provide a one stop solution to our valued customers through this service centre that focus on servicing, repairing and overhauling of industrial gear boxes of any make. Our constant aim is to set new benchmarks in service efficiency which will indeed help unfold immense potential for the customers we serve. As we have a catalogue full of products in various industries now we are focusing on providing end-to-end solutions for power transmission demands in the industry specific or application specific requirements."
"Bhubaneswar is the gateway to several prospective SAARC and Southeast Asian countries and this is one of the primary reasons for choosing Bhubaneswar for launching this service centre. Favourable industrial possibilities and promising talents in the mechanical designing industry yet adds to the desired utility .Our pipeline also include centres in Bangladesh, Sri Lanka, and Kenya as well to serve the international market more effectively and efficiently,” added Bisaria.
Arvind Mohanty, MD, Rockwell Industrial Services said, “We at Rockwell are extremely delighted to be part of this service centre with Premium Transmission. We have had a very long and fruitful association with Premium Transmission and this service centre is an another step to strengthening this partnership of ours. With this service centre we would be able to provide proactive customer support and related aftermarket service to our valued customers”.
Premium Transmission is targeting to become a Rs 700 crore plus company by FY 2020 in terms of sales revenue. The company has plans for increasing the ability to innovate new technology products for upcoming market requirements and capacity addition in their existing facilities.
Premium Transmission is part of the diversified industrial conglomerate, which provides precision-engineered power transmission solutions and products to the global engineering industry, catering to customers across the globe. The company four manufacturing units in India and one in Germany under the name Premium Stephan.
Established in 2001 Rockwell is a leading industrial product distributor in Odisha.