Precision Tech Enterprises
Precision Tech Enterprises is a privately held Indian manufacturer, founded in 1986, that designs and produces plastic automotive components, injection moulds, sheet metal parts, and decorative electroplating services for automotive OEMs and Tier 1 suppliers from four North Indian facilities.
- Company typePrivate
- Founded1986
- HeadquartersGurugram, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Precision Tech Enterprises does
Precision Tech Enterprises is a privately held Indian precision manufacturer founded in February 1986, headquartered in Gurgaon with manufacturing operations in New Delhi, Gurgaon, Greater Noida, and Manesar. The company designs and produces small plastic automotive components, injection moulds, sheet metal components, and decorative electroplated plastic products for automotive OEMs and Tier 1 suppliers, positioning itself as a vertically integrated supplier from product design through finished component.
The company's core technology stack is conventional precision manufacturing rather than software or AI — encompassing product design for performance and manufacturing, injection mould design and mould manufacturing, plastic component production on manual and automated machines, sheet metal fabrication, and decorative electroplating processes. This vertical integration allows the company to control tooling, production, and surface finishing internally, which it positions as a cost and quality differentiator built over 38+ years of operation.
Precision Tech Enterprises generates revenue through B2B hardware sales (plastic components, injection moulds, sheet metal parts) and professional services (product design, decorative electroplating) under quote-based pricing to automotive OEMs and Tier 1 suppliers. The company appears to be founder-owned and bootstrapped, with no disclosed funding rounds, acquisitions, partnerships, or institutional investors. The most recent dated artifact on the company's website is a 2012 copyright notice, which is a material data gap when assessing current operating cadence and digital presence.
Precision Tech Enterprises firmographics
Firmographics- Name
- Precision Tech Enterprises
- Legal name
- Precision Tech Enterprises
- Website
- https://pte-india.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Precision Tech Enterprises is a privately held Indian manufacturer, founded in 1986, that designs and produces plastic automotive components, injection moulds, sheet metal parts, and decorative electroplating services for automotive OEMs and Tier 1 suppliers from four North Indian facilities.
- Ownership category
- akta.pro rank
Precision Tech Enterprises industry classification
Industry- Product category
- Automotive Plastic Components Manufacturing
- NAICS
- Other Fabricated Metal Product Manufacturing (3329), Machinery Manufacturing (333)
- SIC
- Plastics Products, Nec (3089), Miscellaneous Fabricated Metal Products (3490)
- akta.pro primary industry
- Custom Injection Molding & Contract Manufacturing (Job Shops/CMs) (IMANAFAJ)
- akta.pro secondary industries
- Precision & Micro Injection Molding (IMANAFAH), Industrial Tooling, Jigs, Fixtures & Molds (End-Use Production Assets) (IMAAAEAH), Industrial & Machinery Injection Molded Components (Gears, Wear Parts) (IMANAFAF)
Keywords
Where Precision Tech Enterprises is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Precision Tech Enterprises business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Plastic Automotive Components Sales: Manufacturing and sale of plastic components primarily for automotive applications
- Injection Mould Manufacturing: Design and manufacture of injection moulds for customers
- Sheet Metal Components: Production and sale of sheet metal components
- Decorative Processes/Electroplating Services: Decorative electroplating services for plastic products
Precision Tech Enterprises product offering
Product offeringCore offering
Precision Tech Enterprises manufactures small plastic automotive components and supplies injection moulds, sheet metal components, and decorative electroplating services for plastic products to automotive OEMs and Tier 1 suppliers. The company operates integrated capabilities spanning product design for performance and manufacturing, mould design, mould manufacturing, plastic component production, and decorative finishing across four manufacturing facilities in North India.
Product overview
Precision Tech Enterprises is a single-facility manufacturing company offering an integrated suite of engineering and production services for the automotive sector. The portfolio centers on four core product lines: Plastic Automotive Components (the original and foundational offering), Injection Moulds (designed and manufactured in-house), Sheet Metal Components, and Decorative Electroplating Services for plastic products. These are unified under a Product Design Services capability that supports customers from design through production, creating a vertically integrated manufacturing ecosystem from concept to finished component.
Differentiator
Problem solved
Functional benefit
Products and services
- Plastic Automotive Components Precision-manufactured small plastic automotive components produced on manual and automated machines, sold to automotive OEMs and Tier 1 suppliers for use in vehicle production.
- Injection Moulds
Companies that use Precision Tech Enterprises
Customer profileSegments1 record
Ideal customer profiles1 record
Precision Tech Enterprises technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Precision Tech Enterprises partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights2 records
Precision Tech Enterprises competitors and assessment
Company assessmentBroad incumbents
- Bharat Forge: One of India's largest automotive component manufacturers, predominantly focused on forged and machined metal components but with global scale and Tier 1 relationships. Comparable as an Indian Tier 1 automotive supplier, though metal-focused rather than plastics-focused.
Direct peers
- Uno Minda: Leading Indian auto component manufacturer with strong presence in plastics, switches, lighting, and acoustic products. Directly comparable as a plastics-intensive Tier 1 supplier to Indian automotive OEMs with diversified product lines.
- Suprajit Engineering: Indian automotive component manufacturer focused on cables, speedometers, and precision plastic components. Comparable as an Indian supplier of precision plastic automotive components to OEMs.
- Minda Corporation: Part of the Uno Minda Group, manufacturing automotive switches, electronics, and plastic components. Comparable as an Indian Tier 1 supplier of plastic and finished automotive assemblies.
- Samvardhana Motherson International: India's largest listed automotive component manufacturer with extensive plastic and interior systems operations serving global OEMs. Highly comparable as a Tier 1 supplier of plastic automotive components with vertically integrated capabilities, though operating at materially larger scale.
- Varroc Engineering: Indian Tier 1 automotive component manufacturer with global operations across plastics, electrical, and lighting. Comparable as a contract manufacturer of plastic and electroplated components for automotive OEMs.
- Endurance Technologies: Indian automotive component manufacturer specializing in aluminium die-castings, suspension, transmission, and plastic components for two-wheelers and passenger vehicles. Closely comparable in serving Indian automotive OEMs with diversified plastic and metal components.
- Craftsman Automation: Indian precision engineering company manufacturing automotive and industrial components including plastic and machined parts. Comparable as a precision component supplier serving automotive OEMs from India.
- Sundaram Fasteners: Indian automotive fastener and precision component manufacturer, part of the TVS Group. Comparable as a precision component supplier serving automotive OEMs with similar cost-competitive positioning.
- Lumax Industries: Indian automotive lighting and plastic component manufacturer, part of the Lumax-DK Jain Group. Comparable in plastic injection moulding and decorative finishing for automotive applications.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Precision Tech Enterprises social profiles
Digital presencePrecision Tech Enterprises financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Tech Enterprises leadership team
Management profileNumber of profiles
Profiles1 record
Precision Tech Enterprises funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Tech Enterprises M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Tech Enterprises
What does Precision Tech Enterprises do?
Precision Tech Enterprises manufactures small plastic automotive components and supplies injection moulds, sheet metal components, and decorative electroplating services for plastic products to automotive OEMs and Tier 1 suppliers. The company operates integrated capabilities spanning product design for performance and manufacturing, mould design, mould manufacturing, plastic component production, and decorative finishing across four manufacturing facilities in North India.
Is Precision Tech Enterprises a public or private company?
Precision Tech Enterprises is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Precision Tech Enterprises founded?
Precision Tech Enterprises was founded in 1986. It employs 1,001 to 5,000 people.
Where is Precision Tech Enterprises based?
Precision Tech Enterprises is headquartered in Gurugram, India, in the Asia region.
How does Precision Tech Enterprises make money?
Four revenue lines are on record. Plastic Automotive Components Sales are the primary driver. The others are injection Mould Manufacturing, sheet Metal Components and decorative Processes/Electroplating Services.
Who are Precision Tech Enterprises's main competitors?
Bharat Forge is listed as a broad incumbent. Direct peers are Uno Minda, Suprajit Engineering, Minda Corporation, Samvardhana Motherson International, Varroc Engineering, Endurance Technologies, Craftsman Automation, Sundaram Fasteners and Lumax Industries.
Does Precision Tech Enterprises have an API?
No public API is recorded for Precision Tech Enterprises.
What industry is Precision Tech Enterprises in?
Precision Tech Enterprises's product category is Automotive Plastic Components Manufacturing. Its primary akta.pro industry code is IMANAFAJ, Custom Injection Molding & Contract Manufacturing (Job Shops/CMs), with a secondary code of IMANAFAH, Precision & Micro Injection Molding. Its NAICS code is 3329 and its SIC code is 3089.