Pritika Engineering Components Limited, a manufacturer of precision machined components for the tractor and commercial vehicle industries, has secured an export order from LS Mtron, the South Korea-based tractor and machinery manufacturer. The order covers supplies of engine frame components that will be delivered over the next three to four months.
The order is valued at USD 57,000 (approximately INR 5.05 million) and will involve the supply of tractor engine frame components produced using the lost foam casting process at Meeta Castings Limited, a subsidiary of Pritika Engineering Components. The company’s long-standing supplier relationship with LS Mtron includes the provision of machined castings and other components for the latter’s global tractor and agricultural equipment operations.
“We are excited to win a new order from an esteemed South Korean company, to supply frame engine, component for tractors,” said Harpreet Singh Nibber, Managing Director of Pritika Engineering Components Limited. He added that the company remains focused on technology-led production and fulfilling customer requirements.
The order strengthens Pritika’s export portfolio alongside its domestic business, where it supplies components to several original equipment manufacturers in India, including Mahindra & Mahindra, Tractor & Farm Equipment, Escorts Kubota, Ashok Leyland, CNH Industrial and International Tractors.
Pritika Engineering Components Limited, headquartered in Mohali, is part of the Pritika Group of Industries and manufactures precision machined castings for tractors, trucks and commercial vehicles. The company operates as a subsidiary of Pritika Auto Industries Limited.
LS Mtron, a part of the Korean LS Group, has a global network and is involved in the manufacturing of combine harvesters and a full line-up of autonomous tractors, and has established operations and partnerships in various countries, including the US, China, Brazil, and Vietnam.
