Pricol is one of India's leading automotive technology, precision engineered products and solutions Company, headquartered in Coimbatore, India. Commencing operations in the year 1975 and being committed to attain leadership and excellence, the company has evolved into a reputed brand in the global automotive industry. By being customer centric and pushing the boundaries on product and process technology and innovation, currently, the company is recognized as a preferred partner to many leading automotive Original Equipment Manufacturers (OEMs) across the world.

The company's operations classfied into three verticals, Driver Information and Connected Vehicle Solution (DICVS), Actuation Control and Fluid Management System (ACFMS) and Precision Products. More than thousands of product variants are supplied to leading automotive OEMs in the Two / Three-Wheelers, Passenger Vehicles, Commercial Vehicles & Off Highway Vehicles space across India and International Markets.

Business area of the company 

The company is engaged in the business of manufacturing and selling of Instrument clusters and other allied automobile components to Original Equipment Manufacturers (OEM) and replacement markets.

Solutions

• Driver Information and Connected Vehicle Solutions
• Actuation, Control and Fluid Management Systems
• Precision Products

Awards and recognitions

• 2015-2016: Plants 3 and 4 win the CII Award
  
• 2016: Pricol wins third prize in ACMA South Region 8th Kaizen
  
• 2016: The company’s plant 6, bags Quality Gold Consistency Award
  
• 2016: Pricol Plant 5 wins at the CII Regional Kaizen Competition
  
• 2016: Pricol wins the IEI Industry Excellence Award
  
• 2016: Pricol plant 5 team bags the Golden Bajaj Quality Award
  
• 2016-17: Pricol wins National Award For Outstanding Industrial Relations
  
• 2017: Pricol wins the Business Excellence Leader Award
  
• 2018: Pricol wins Clean India Mission & CSR Activities
• 2021: Corporate Manufacturing Engineering teams have won Excellence & Distinguished Awards in 35th National Convention on Quality Concepts 2021 organized by Quality Circle Forum of India
• 2022: Pricol won Gold Award in 11th Edition of Productivity Conclave 2022 organized by Coimbatore Productivity Council
• 2022: Awarded ‘Best Interaction Product (Automotive)’ at Technology Excellence Awards 2022 by Quantic India
• 2022: Winner at 17th Regional Level QCC, ACMA India 2022
• 2022: Awarded 2nd Prize in Productivity Improvement at ACMA India 2022
• 2022: Award from Hero MotoCorp on November 07, 2022 for “Best in Innovation & Technology” at the HERO – NEXT 22
• 2022: “New Development 2022” From its Customer “Suzuki Motorcycle India Pvt Ltd.”
• 2023: “Business Innovation” Award, Annual Meeting March 2023
• 2023: Pricol has won an award for “Technology & Innovation” at the Annual Supplier Meet 2023, organized by Daimler Truck
• 2023: Awarded 1st Prize in “Reduce Rework/ Rejection in Power Train Module” at 20th ACMA QC Competition – Northern Region 2023
• 2023: Awarded 1st Prize in “Productivity & Quality Improvement through TPS” at 18th ACMA QC Competition – Western Region 2023
• 2023: Won “Supplier Samrat National Runner up Award in Proprietary FY 22-23"organized by Ashok Leyland
• 2023: “Performance Award FY 22-23” From Customer “Suzuki Motorcycle India Pvt Ltd.”
• 2023: “Most Iconic Organization” Award by World Manufacturing Congress at the Coimbatore Leadership 2023
• 2024: “Top 75 Innovative Companies” as a part of Industrial Innovation award 2024
• 2024: Pricol has won Sustainability Excellence Award, for “TATA Motors” at their Annual Supplier Conference
• 2024: “Sustainability Award” from MIWA Manesar Industries Welfare Association at Annual Supplier Conference Gurugram
• 2024: “ESG Champion of the Year Gold Award” from Ashok Leyland at their annual supplier conference
• 2024: Best Reliability Cluster 2024 Award for BLDC FPM from TVSM
• 2024: “Best Delivery Management” From its Customer “Suzuki Motorcycle India Pvt Ltd.”
• 2024: “Best Financial Prudence Award” From its Customer “Suzuki Motorcycle India Pvt Ltd.”
• 2024: Pricol’s Product Reliability Assurance Lab has been assessed & accredited by the NABL in accordance with the standard ISO/IEC 17025:2017
• 2024: Pricol has won “Bronze Award” for “Excellence in Export” from ACMA Excellence Awards & 9th Technology Summit 2024
• 2024: Winner of ‘Golden Peacock Innovative Product/ Service Award’ for the year 2024 (for Driver Information System (DIS) with Internet of Things (IOT) Features for Premium Scooters)
• 2025: “ACMA-AMF Cluster Star Performer Award 2025” for Outstanding performance in ACMA-AMF Cluster Program from ACMA Mobility Foundation Delhi
• 2025: “Special Support In Supply Chain” From Suzuki Motorcycle India Pvt Ltd. at Annual Vendor Conference 2025.
• 2025: “Top 25 Companies” Excelling in Women in STEM 2025
• 2025: “Top 100 Innovative Companies” as a part of Industrial Innovation award 2025
• 2025: Pricol has won “Innovation & Technology Excellence Award” at TMPVL & TPEML Annual Supplier Conference 2025.
• 2025: Award received under the category “Hero Innovation Leader” at Global Supplier Meet 2025.
• 2025: Award received under the category “Supplier Excellence Recognition 2025” at Caterpillar Annual Program.
• 2025: Pricol won prestigious “Excellence in Business Competitiveness” award by Ather Energy at their Annual Supplier Meet 2025

History & Milestone

• 1975: Commencement of commercial Production at Plant I. Creation of Trade Mark- PRICOL (Premier Instruments Coimbatore Limited)
• 1981: Name of company changed to Premier Instruments & Controls Limited from Premier Instruments Coimbatore Limited
• 1988: Established Plant II at Gurgaon, Which commenced commercial operations from May 1988.
• 1993: Listing in The Stock Exchange, Mumbai and Coimbatore Stock Exchange.
• 1996: Listing in National Stock Exchange, Mumbai.
• 1999: Established Plant III at, Chinnamathampalayam, Coimbatore, which commenced commercial production in September 1999.
• 2004: Name of company changed to Pricol Limited from Premier Instruments & Controls Limited. Plant II Shifted to expanded own premises at Manesar, National Capital Region.
• 2007: Incorporation of PT Pricol Surya, Wholly owned Subsidiary in Indonesia.
• 2008: Production commenced at Plant VI at Pantnagar, Uttarakhand.
• 2011: Incorporation of Pricol Pune Limited.
• 2015: Revamping of Pricol Branding
• 2018: Established Plant X at Sricity, Andra Pradesh
• 2021: Strategic Alliance with Candera CGI Studios
• 2022: Strategic Partneship with Sibros Technologies
• 2022: Entered into a strategic technology partnership with BMS Powersafe.
• 2023: Strategic Partneship with Heilongjiang Tianyouwei Electronics (TYW) for advanced technologies
• 2024: Acquired (SACL)’s injection moulding business through Pricol Precision Products Private Limited (a wholly owned subsidiary of Pricol Limited)
• 2025: Strategic Technology License Agreement with DOMINO S.r.l., a global leader in motorcycle control systems