Precision Electronics Ltd

Precision Electronics Ltd

Incorporated in May '79 in Haryana Precision Electronics (PEL) was the first venture promoted by technocrat A Kanodia an electrical engineering and business management graduate from the MIT US. It is in manufacture of PCB's and has also diversified into the field of PCM-MUX. It has plants at Faridabad Harayana to manufacture single- and double-sided PCBs (inst. cap. : 10000 sq mtr pa). PEL manufactures PCM-MUX in technical collaboration with ITI and C-DoT. The plant had an installed capacity to produce 500 terminals.PCM-MUX are used in the telecommunications sector for interfacing from the digital to the analogue exchange. In India the ratio of analogue to digital exchanges is 65:35 which signifies the potential for PCM terminals. As all communication links to be set up in future will be digital future demand will be very high. PEL also manufactures a variety of PCBs with an overall annual capacity of 38300 sq mtr (single-sided PCBs : 10000 sq mtr; double-sided plated through holes 24000 sq mtr; and multilayer flexible and flex-rigids : 4300 sq mtr). PEL has a technical and financial collaboration with Wagner Germany.In 1994 Precision entered into a collaboration agreement with Societe Anonyme de Telecommunication France to manufacture digital multiplexers. The company made its maiden exports in 1994-95. It is one of the very few companies awarded Automatic Inspection Status by DoT/TEC.The Company has been registered with the Board for Industrial & Financial Reconstruction as a sick company for need based relief and concessions for financial reconstruction. IFCI has been appointed as operating agency.