Pavna Industries Marks Groundbreaking Ceremony for New Manufacturing Facility in Hosur
DSIJ Intelligence-1Categories: Mindshare, Trending
This ceremony marks a significant step in Pavna’s growth journey, symbolising the commencement of a new phase of manufacturing expansion aimed at building advanced capabilities, deepening regional presence, and supporting the evolving needs of India’s automotive industry.
Pavna Industries Ltd (NSE: PAVNAIND, BSE: 543915), a leading manufacturer of high-quality automotive components catering to diverse vehicle segments, including passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and off-road vehicles, celebrated the groundbreaking ceremony for its new state-of-the-art manufacturing facility in Hosur, Tamil Nadu. This ceremony marks a significant step in Pavna’s growth journey, symbolising the commencement of a new phase of manufacturing expansion aimed at building advanced capabilities, deepening regional presence, and supporting the evolving needs of India’s automotive industry.
The Hosur facility, strategically located close to several key original equipment manufacturers (OEMs) in southern India, marks a significant milestone in Pavna’s long-term growth strategy. The plant will initially focus on supplying critical components. The first phase of the Hosur project involves an investment of ₹50 crores, with operations expected to commence later in 2026.
Commenting on this development, Mr Swapnil Jain, Managing Director, Pavna Industries Ltd, said: “Today’s ceremony is a defining moment in Pavna’s journey of sustained growth and regional outreach. The Hosur facility underscores our strategic intent to be closer to our customers, drive operational excellence, and reliably meet the evolving needs of the automotive industry. Our investment and expansion in Hosur will bolster production capability, strengthen Logistics efficiency, and contribute to local economic development. We now look forward to the swift completion of this facility and to commencing operations at the earliest possible timeframe.”
About the Company
Established on April 19, 1994, Pavna Industries Limited (formerly Pavna Locks Limited) boasts a 50-year legacy as a leader in the South Asian automotive sector. The company operates state-of-the-art manufacturing facilities in Aligarh, Aurangabad, and Pantnagar, strategically positioned to serve major OEMs across the passenger, commercial, and off-road vehicle segments. Their extensive product portfolio features high-quality components such as Ignition Switches, Fuel Tank Caps, Latches, Auto Locks, Switches, Oil Pumps, Throttle Bodies, Fuel Cocks, and Casting Components.
Pavna maintains a strong global footprint, exporting to the U.S.A., Italy, Sri Lanka, Indonesia, Sudan, and Bangladesh. The company’s commitment to innovation is driven by robust R&D and strategic partnerships like the Sunworld Moto Industrial Co joint venture. This excellence allows them to cater to prestigious clients, including Bajaj, Kawasaki, Honda, TVS, Mahindra, Escorts, Royal Enfield, Ashok Leyland, Mahindra Wheels, Eicher Motors, Tork Motors, Revolt, and Mahindra Electric.
As of September 2025, Pavna Industries Limited maintains a stable ownership structure with promoters holding a 61.50 per cent stake, FIIs—led by Forbes AMC with 3.58 per cent—owning 6.06 per cent, and public shareholders accounting for 32.44 per cent. With a market capitalisation exceeding Rs 290 crore, the shares have a PE of 70x, supported by an ROE of 5 per cent and an ROCE of 10 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.