Almost every electric motor and generator on earth needs a lamination stack. Few outside the industry have heard of the company that makes most of them in India.
That company has spent the last 4-5 years quietly converting itself from a single-product stamper into a vertically integrated engineering platform - adding precision machining, iron castings, and full sub-assembly capability through two external acquisitions and two group entity consolidations between FY23 and FY25.
It supplies traction motor cores to both Wabtec and Alstom - Both are the only primary OEMs for Indian Railway locomotive manufacturing tenders. Whoever wins the tender, the cores come from the same place. With Cummins, it is the anchor vendor for laminations used in data centre DG set stators and rotors. One of India’s leading manufacturers and exporters of electrical steel laminations, with capacity at six plants across Telangana, Maharashtra, and Karnataka.
That company is Pitti Engineering Ltd - A Hyderabad-based electrical steel lamination manufacturer founded in 1983, and now an integrated platform spanning stamping, machining, casting, and sub-assembly under a single P&L.
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