The facility was inaugurated on 8th May by Mr Karan Thapar, Chairman – Premium Group, in the presence of Mr Niraj Bisaria, MD, President – Premium Group, along with Board Members and the senior leadership team of the company.
In line with India’s growing ambitions to become one of the world’s largest manufacturing and renewable energy hubs, Premium Group has inaugurated a new advanced manufacturing facility in Chakan, Pune, further strengthening its commitment to precision engineering and intelligent manufacturing.
Developed in alignment with the Government of India’s Make in India initiative, the new facility marks a significant milestone in the company’s growth journey. The expansion is aimed at enhancing Premium Group’s manufacturing capabilities, increasing production capacity, and catering to the rising demand for precision-engineered solutions across multiple industrial sectors.
The facility was inaugurated today, 8th May, by Karan Thapar, Chairman – Premium Group, in the presence of Niraj Bisaria, MD & President – Premium Group, along with Board Members and the company’s senior leadership team.
As India accelerates its manufacturing and renewable energy expansion, the focus is increasingly shifting from scale to operational intelligence, efficiency, and lifecycle reliability. Premium Group stated that the next phase of industrial growth will be defined by precision engineering, optimised performance, and long-term operational excellence.
Driving this vision are the Group’s two focused verticals, Premium Motion and Premium Care, both designed to address evolving industrial requirements through specialised engineering expertise and advanced service capabilities.
The company’s growth strategy is rooted in the legacy of Premium Transmission Limited, the Group’s flagship company with over six decades of experience in power transmission and engineering. Backed by advanced manufacturing facilities and government-certified technical and product development centres across India, Premium Group continues to expand its domestic and global footprint as a trusted provider of high-performance engineering solutions.
With the inauguration of the Chakan facility, Premium Group aims to further reinforce its position in the evolving industrial landscape while contributing to India’s manufacturing competitiveness on the global stage.
