PGI Drives was incorporated in
June 2003 in the district of Saraswathi Nagar, Bangalore as part of PGI Italy.
In
March 2006, the Company transfers its activities in a large industrial building in the district of NGEF.
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.
In 2008 the investment planned and realized was dedicated to new machinery and equipment assets.
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.
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
