History


jun-2003 PGI Drives was incorporated in June 2003 in the district of Saraswathi Nagar, Bangalore as part of PGI Italy. mar-2006 In March 2006, the Company transfers its activities in a large industrial building in the district of NGEF. apr-2007 In April 2007, due to the continuous increase of activities, the building located in the industrial district of NGEF was no longer sufficient to support the Company’s growth. necessarily linked to an increase in plant and machinery, which require additional space. 2008 In 2008 the investment planned and realized was dedicated to new machinery and equipment  assets.
2010 In 2010, as a result of the good performance, the Company selected new area within the same industrial area. PGI Drives transferred in this second unit assembly, testing and stock departments. 2012 In 2012, as a result of strong global market crisis, the Company planned a careful evaluation of the investments consolidating products and quality standards. After market analysys, PGI Drives shifted its production factory to Shimoga new industrial area.  The shifting has been completed within the end of 2013. Following a new development plan, PGI Drives will move entirely to the new industrial area in Tumkur
 
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