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Our Journey

Timeline of Achievements

1977

PG Group starts as a small electronic components manufacturing unit in Delhi.

1995

A TV manufacturing plant was set up in Noida.

1997

Started manufacturing Colour TVs and Audio Products.

1999

A PCB Assembly Line was set up at Noida.

2003

Started Plastic Injection Molding Plant.

2008

Got first tender from Tamil Nadu Govt. for supplying CTV; Supplied 2.5 million CTV for 3 years.

2009

Started manufacturing of CFL Lights.

2011

Expanded footprint by setting up state-of-art plastic injection molding plant near Pune.

2012

Expanded plastic injection molding business by adding new factory as Greater Noida.

2014

Diversified into the small domestic appliances industry by setting up state-of-the-art motor plant and started manufacturing juicers & mixer grinders for leading Indian brands.

2015

Assembly Plant for set-top-box gets started.

2016

New Tooling Division setup to cater to burgeoning demand of our existing customers.

2017

Adopted “Process Excellence” approach to focus on process improvement, ongoing business process management and continuous improvement in overall operations.

2018

Installed PU paint shop facility; Set up of Thermoset- UF Toilet Seat manufacturing facility.

2019

Crossed ₹500 crore mark in revenues; Successfully launched 2nd Model of Semi-Automatic Washing Machine; A Product Showroom at the Corporate Office was set up.

2020

Achieved highest ever revenue - crossed ₹6 billion (₹600 crore) mark; Commissioned assembly of AC IDU (indoor unit) along with heat exchanger coil.

2022

Achieved over ₹1000 crore in revenue- the highest ever; Developed and launched 2 new platforms of SAWM and FATL washing machines; Developed and launched 4 ODM platforms for Air Conditioners; Got approved under the PLI Scheme for Air Conditioners Components.

2023

Crossed ₹2,000 crore in consolidated revenues; PG Technoplast surpassed ₹1,000 crore; capacities increased two-fold for air conditioners, washing machines, and air coolers.

2024

PG Technoplast reached ₹1,456 crore in its third year; Bhiwadi AC Unit became operational; net debt reduced by ₹325 crore.