Magnetic Assemblies Manufacturers, Powder Cores Manufacturers:

Permanent Magnets Limited is the largest producer of Alnico magnets in India. PML's customer base is large and wide spread. It has 70% market share in India and a good presence in Europe, USA, South America, South East Asia, Africa. The customers are largely OEM's. PML started operations with the Alnico facility in 1963. This capability was augmented and upgraded with the technical support of Sumitomo Special Metals Co. of Japan. The current manufacturing capacity is 400 T per annum of cast alloy permanent magnets.

Permanent Magnets Ltd, is one of the flagship companies of Taparia Group, Mumbai and also one of the leading manufacturers of Alnico Cast Magnets and Yoke Assemblies in the world. It is a front-runner among young, dynamic and growing companies in India. It was established in 1961 at Mumbai. It has Sales Offices at Delhi, Mumbai, and Bangalore. PML magnets are used extensively in key industry sectors such as electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways and electricity generation.

Cast Magnets: PML began manufacturing magnets in 1963 in collaboration with Centro Magneti Permanenti of Italy. Production began with a 400-tonne capacity plant for Cast Alnico magnets at PML’s Borivali Plant, in Mumbai. New grades of Alnicos were introduced with a technology tie-up in 1983 with Sumitomo Special Metal Co. (a leading Japanese manufacturer).

Magnetic Systems: Success led to diversification and growth. Magnetic Systems were added to PML’s production lines and now, a special applications cell handles industrial problems of separation, conveying, lifting, etc.

PML has a well equipped research facilities where development of new alloys, new techniques of manufacture are constantly under study.

The mission of PML is to :

“Contribution to economic well being of stakeholders by providing effective magnetic energy solutions”