NEWS AND UPDATES

   
COLLABORATION WITH Centro Magneti Permanenti , ITALY
   
TECHNOLOGY TIE-UP WITH Sumitomo Special Metal Co., JAPAN
   
 WELCOME TO PML INDIA
 
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 very respectable presence in Europe, USA, Australia, South America, South East Asia, Egypt and Malaysia. The customers are largely OEM's. PML sells to the trade also.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.
 
In the recent years PML has also diversified its product line into Magnetic Assemblies and Components.
 
COMPANY
 
Permanent Magnets Ltd, is one of the flagship companies of Taparia Group, Mumbai and also one of the five 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 sectors of Indian industry 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 our production lines and our special applications cell handles industrial problems of separation, conveying, lifting, etc.
 
We have well equipped Chemical, Physical and Foundry laboratories where development of new alloys, new techniques of manufacture are constantly under study
 
Mission + Values
 
The mission of PML is to :

“Contribution to economic well being of stakeholders by providing effective magnetic energy solutions”
 
Values:
  • Goal Orientation
  • Performance Orientation (Accountability)
  • Ethics orientation
  • Trust Orientation (Sharing)
  • Innovation Orientation (Enhance unique abilities)
 
More information can be taken from the Mission statement displayed.
 
Business Objective
 
To be a preffred supplier in the product range we are offering

To achieve the objective we shall

  1. Ensure Quality management system, in accordance with ISO-9001:2000 standard, is effective and efficient
  2. Continue development at a pace needed by the changing market scenario of customers through continual updating of our competence, process and infrastructure
  3. Carry out course corrective actions and provide adequate resources for continuous improvement.
 
 
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