Precision Electronics Ltd.

Precision Electronics Limited (PEL) incorporated on 1st May 1979 as a Private Limited company and later  in 1989 was converted into a Public Limited company, is engaged in the business of design & manufacturing, marketing & selling of Printed Circuit Board (PCB) and Telecom Transmission Equipment at its plant located at Sector 3 Noida, India and Roorkee, India.

PEL products find scope in industrial electronic equipment manufacturers, telecom service providers and are used by PSUs like BSNL, MTNL, besides other Govt. client like Ministry of Defence, Home Affairs, Airport Authority of India, Oil Companies etc. Market segment of PEL is primarily Govt. / PSU. PEL infrastructure is approved by all the Quality agencies of the customer viz. TEC (DOT), DGQA (MOD), RDSO (Railways) and in addition is ISO 9001-2000 accredited and ISO 27001 (pending). 

Products and Services offered by the company:-

Products

• Voice Loggers
• High Capacity Radio line of sight Radio Relay Systems
• Fixed Wireless Access
• Last Mile Wireline Solutions
• Multi-Service Platforms
• Metro Ethernet Switches
• Telephony Solutions
• Bulk Encryption Units
• Terminal End Secrecy Devices
• Network Security
• Tactical V/UHF Radios
• Ad-hoc Networked Data Radio
• Tank Harness
• Printed Circuit Boards
• Ruggedization and Containerization
• Telescopic, Pneumatic and Hydraulic Mast
• Power Supplies

Services

• Capability to offer overall Project co-ordination, Management and Turnkey project implementation
• Complete post-sales service support
• Systems Analysis based on customer requirement/ Request For Proposal to find solutions for system design/ System Integration
• Market survey and Product Strategizing 
• Customer Product Evaluation
• Homologation
• Value Added Services
• COTS-to-MIL Engineering
• Repair and maintenance during warranty and Annual Maintenance Contracts
• Product Prototyping

Milestones:

• 1979 PEL was founded by Ashok Kanodia in Faridabad, a suburb of Delhi, to manufacture Single Sided PCBs.
• 1980    PEL brand of PCB established in Northern India
• 1982    PEL expands facilities in Faridabad.
• 1983    Production of double sided plated through hole PCBs initiated.
• 1986     Acquires a plot measuring 5000 m2 in NOIDA ,an industrial suburb of Delhi
• 1988     Govt. opens the Telecom sector for Private industry participation. PEL receives license to manufacture Telecom Transmission equipment viz. Access MUX, Line Systems, Radio equipment & Subscriber Radio terminal (SRE) for the Multi Access Rural Radio system (MARR)
• 1989     PEL obtains Govt. permission to setup the largest PCB manufacturing facility in Northern India. Construction for a state-of-art air conditioned and dust free facility covering 5000 m2 started
• 1990   Transfer of Technology agreements signed with:         -  Wagner Schaltungstechnik of Germany for Multi-Layer PCB.         -  ITI Ltd. for Primary and Second Order MUX.         -  C-DOT for 10-channel Digital Radio for rural connectivity.
• 1991    EL goes Public. IPO is oversubscribed.
• 1992 Production At NOIDA begins. Bulk supplies of MUX and Subscriber Radio Equipment of Rural Radio Communication System (SRE) to ITI Ltd. Rights issue initiated to fund cost overrun caused due to Indian currency de-valuation.
• 1993 Rs. 200 million PO for MUX and Line Systems received from DoT (National PTT). PEL signs technology transfer agreement with: -  SAT of France for SDH Optical Terminals.-  Marine AIR systems (MAS) of New Zealand for DXR 200 series of Digital Microwave Radio
• 1994   Rs. 150 million MTNL PO STM-4 systems received. PEL achieves ISO 9001 quality standards for its operations.
• 1995    SDH systems installed timely in MTNL Delhi & Mumbai. Sales touch Rs. 350 million.
• 1996 PEL goes through a period of severe cash crunch due to large withholding of funds against supplies made to a major account.
• 1998 Maiden contract from the Indian Air Force worth Rs. 100 million for supply of Multi-channel Radio Relay (MCRR) on Vehicular platform received. PEL performs first ever total system integration of COTS equipment to MIL-compliant specs.
• 1999 Rs. 35 million PO for supply of pipe line communication system received from Gujarat Communications & Electronics Corporation Ltd. (GCEL). Against stiff competition PEL bags a prestigious assignment from the ASCON (Army Static Communication Network) working group of the Indian Army to deliver a concept proving platform - the MOBILE ASCON node.
• 2000 PEL receives award from the ASCON working group for delivering the Mobile ASCON Node. These nodes are deployed and successfully used during active field operations conducted by the Indian Army. The Mobile ASCON node becomes a mainstay for the Indian Army.
• 2001 MTNL places PO for Rs. 50 million for supply of MUX with interface cards.  PEL offers its secured lenders a One Time Settlement (OTS) of all the debts and accepts the financial restructuring package offered.
• 2002 HQ Northern Command, Indian Army places PO worth Rs. 20 Million for supply of TDM Access Equipment including Flex-MUX and modems. IAF places a repeat order worth Rs. 11 million for supply of MCRR on vehicular platform.
• 2003   Infusion of capital by strategic investor makes PEL a DEBT FREE company. PEL bags an order from HQ 15 Corps for supply of first ever Spread Spectrum radiosPEL wins RFP for supply of TDM Access Equipment worth Rs. 10 million to HQ Northern Command.IAF places a PO on PEL for spares for already supplied MCRRs worth Rs. 11 million. DRDO places a PO on PEL for supply of TDM MUX. 
• 2004 PEL upgrades its facilities and infuses fresh talent for R&D, Tech Support, Production and Marketing activities. Target market is the Military. PEL is awarded contract by IAF for supply Digital Voice Loggers for their ATCs worth Rs.20 million. MTNL places PO for Rs. 20 million for supply of MUX with I/F cards.BSNL (all circles) places PO totaling Rs. 200 million for supply of MUX with I/F cards. PEL successfully completes trials with the Indian Army for its PST-12M platform in the North and North-East regions of India.PEL successfully completes trials with the 21 Signals Group of the Indian Corps of Signals as well as PMO BSS (Battlefield Surveillance System) for its Point-to-Multipoint radio platform.PEL completes successful trials of Digital Voice Loggers with Airport Authority of India.
• 2005 Sales of PDM-30A and data cards grow by 60%PCB sales grow by 30%DGQA registers PEL as preferred vendor to Indian Armed ForcesPEL receives PO to supply PST-12M radios to Army and Paramilitary Forces in N-E IndiaPEL successfully deploys DVDRs in 25 different locations (Air-traffic controllers) of the IAF all over India. PEL has developed customer support representatives in J&K, Punjab & Rajasthan to ensure 100% satisfaction for IAF.PEL delivers Project Parikshak of the Indian ArmySuccessful completion of DGQA, CQL and EME evaluations for the PFM-3440MPEL establishes company-wide LAN with state-of-art IT and networking assets to increase productivity of workPEL augmented its human capital and will continue with strategic recruitment activities into 2006 as are commensurate with its envisioned growth.

Achievements/ recognition:

• ISO 9001: 2000
• ISO 27001 (pending)
• Underwriters Laboratory (UL), USA
• Directorate General of Aeronautical Quality Assurance (DGAQA), Ministry of Defence
• Directorate General of Quality Assurance (DGQA), Ministry of Defence
• Electronic Component Standardization Organization (ECSO)
• Telecommunication Engineering Center (TEC), Dept. Of Telecommunications
• Research Design & Standards Organization (RDSO), Indian Railway