Power Engineering India Pvt Ltd, recently concluded the buy-out of Sheaf Power Ltd., a British company located in Sheffield. Announcing the news on Tuesday, Atul Pai Kane, chairman and managing director, Pai Kane group, said that, the acquisition will create a manufacturing base for the Pai Kane brand in the UK while keeping the business of Sheaf Power exactly the same. The announcement was in the presence of Robert G Linley, chairman, Sheaf Power Ltd.
Pai Kane has signed a dealership agreement with Dynamic Diesel Pvt Ltd, Nepal. The deal was signed in the presence of Mr. R.K.Jha (Dynamic Diesel Pvt Ltd), Pai Kane Group Director – Sales and Marketing – Mr. Sunil Pai Kane, Head – International Business Sales – Mr. Conrad D’costa and GM- International Business Sales – Mr. Asgar Hussain.
Pai Kane bagged the Engineering Export Promotion Council award for export excellence in western region for the second successive year.
The award marked the company’s achieved exports of about Rs. 84 crore in the year 2014-15. Read more…