Pritika Engineering Components Ltd has won a USD 57,000 order to supply Frame Engine tractor components to a leading South Korean company. This international contract, fulfilled through its subsidiary Meeta Castings, strengthens the company's global presence and order book with precision casting products for the tractor and commercial vehicle sectors.
Pritika Engineering Components Limited (NSE: PRITIKA) has announced a significant export order worth approximately USD 57,000 (INR 50.5 lakh) from a prominent South Korean tractor manufacturing company. The order involves supplying the Frame Engine component, a critical part for tractors, showcasing Pritika’s advanced manufacturing capabilities and global market reach.
This order is set to be produced using the Lost Foam Casting (LFC) process at Pritika’s subsidiary, Meeta Castings Limited, underscoring the group’s technical expertise in precision casting.
Management expressed optimism regarding the order, with Managing Director Mr. Harpreet Singh Nibber highlighting the company’s commitment to innovation and quality, which has facilitated decades-long relationships with OEM clients across India and now extends globally.
Notable Updates:
- USD 57K export order for tractor Frame Engine components from a major South Korean OEM.
- Production via advanced LFC process at Meeta Castings Limited, a Pritika subsidiary.
- Reinforces Pritika’s international clientele and strengthens order book.
- Pritika serves leading Indian tractor and commercial vehicle OEMs including Mahindra, Escorts Kubota, and Ashok Leyland.
- The group’s 50-year legacy and commitment to technological innovation drive its sustained growth.
This new international contract not only adds to the company’s order pipeline but also reflects growing trust in Pritika’s high-quality manufacturing capabilities in global markets, especially in heavy machinery and automotive sectors.
Sources: NSE Disclosure, Pritika Engineering Components Limited official announcement.