Premier Ltd.

Description :

Machine Tool activities of PREMIER LTD., traces it's roots as Pioneer of Machine tools in India from 1941 In 1941 WALCHAND GROUP took controlling shares in SATARA INDUSTRIAL WORKS and changed it's name to COOPER ENGINEERING LTD. During the early years of WORLD WAR II, the British Govt., transferred drawings from the well-known British machine tool company - Alfred Herbert, Coventry-to "COOPER" and asked COOPER to manufacture the machines and supply them to U.K. as Indian contribution to the war effort. With this COOPER pioneered the advent of machine tool building in India. In 1961 production of machine tool was shifted from Satara to a separate new plant at Chinchwad; approximately 20 kms. West of Pune. Sixties and Seventies witnessed growth of machine tool manufacturing range through various technical collaborations with well known companies in Europe and Japan such as Scottish Machine Tools, U.K, Strojimport of Czechoslovakia, Schiess of Germany, Pfauter of Germany, Hitachi Seiki of Japan, Dörries Scharmann of Germany etc. These collaborations were made from 1959 onwards. Most of those contracts are now over but the right to use the machine designs was continued.