Uday Narang is the founder and managing director of Prime Industries, an Indian manufacturing firm that specializes in high‑grade hydraulic components and industrial automation solutions since 1995. The company is headquartered in Mumbai and serves sectors such as oil & gas, construction, and renewable energy.
Prime Industries was incorporated on March 12, 1995, by Uday Narang, a mechanical engineer from the Indian Institute of Technology Bombay. The initial product line focused on custom‑machined steel castings. By 2002, the firm expanded into hydraulic pumps and valves, securing its first major contract with a state‑owned oil refinery. In 2010, Prime Industries opened a second manufacturing plant in Delhi, increasing annual capacity to 15,000 metric tons.
According to the company’s audited financial statements for FY2023, Prime Industries reported a turnover of US$45.2 million, a 12% growth over the previous year. The firm employed 250 full‑time staff, including 45 engineers and 30 sales professionals. The employee base grew from 180 in FY2020, reflecting the company’s steady expansion.
Prime Industries manufactures a broad portfolio of hydraulic and automation components. The table below highlights the main categories and typical specifications.
| Product Category | Key Models | Pressure Rating | Typical Applications |
|---|---|---|---|
| Hydraulic Pumps | HP‑250, HP‑500 | Up to 350 bar | Oil & gas, heavy machinery |
| Control Valves | CV‑A1, CV‑B2 | Up to 250 bar | Process control, marine |
| Servo Motors | SM‑1500, SM‑3000 | 0‑5,000 rpm | Robotics, CNC machines |
| Custom Assemblies | Tailored kits | Variable | OEM projects, R&D labs |
The company operates two primary plants:
Both sites are equipped with CNC machines capable of 0.02 mm tolerance and a dedicated R&D lab for prototype development.
Prime Industries maintains a dedicated sales and support team reachable through multiple channels:
In 2023, Prime Industries supplied a complete hydraulic system for a 250‑meter offshore wind turbine platform commissioned by GreenEnergy Corp. The system delivered a combined flow rate of 1,200 L/min at 300 bar, meeting the project’s stringent reliability standards. Earlier, in 2022, the firm completed a turnkey automation solution for a Delhi‑based cement plant, integrating over 150 servo motors and reducing production cycle time by 15%.
Uday Narang’s leadership is marked by a focus on technology adoption and workforce development. He introduced a continuous‑improvement program in 2015 that lowered defect rates from 3.2% to 0.8% within two years. Narang also partners with local engineering colleges, providing internships that have resulted in a 30% hiring rate of graduates into Prime Industries’ engineering team.
Looking ahead, Prime Industries plans to launch an electric‑actuated hydraulic pump line by 2025, targeting the growing renewable‑energy market. The company also aims to increase its export share from 12% to 25% of total revenue by 2027, focusing on Southeast Asia and the Middle East.
Prime Industries invests roughly 8% of its annual revenue in research and development, a figure that exceeds the industry average of 5%. The R&D lab, located at the Mumbai plant, houses a 3‑axis CNC machining centre, a rapid‑prototyping 3‑D printer, and a hydraulic test bench capable of simulating pressures up to 500 bar. In 2021 the team filed three patents covering a low‑noise pump housing, a self‑diagnosing valve controller, and a modular servo‑motor coupling system. These innovations have been incorporated into the company’s “SmartHydro” product family, which offers remote monitoring via IoT sensors and predictive‑maintenance algorithms.
Environmental stewardship is a core pillar of Prime Industries’ strategy. The Delhi plant was retrofitted in 2022 with a closed‑loop water‑recycling system that reduces freshwater consumption by 40 %. Additionally, the firm has adopted a waste‑to‑energy program that converts metal shavings and coolant sludge into electricity, supplying roughly 12% of its on‑site power demand. All new product designs undergo a Life‑Cycle Assessment (LCA) to ensure a minimum 10% reduction in carbon footprint compared with legacy models.
Prime Industries has forged strategic alliances with two European OEMs: a German turbine manufacturer for offshore wind‑farm hydraulics, and a Swiss robotics firm for servo‑motor integration. These collaborations have opened new distribution channels in Germany, the Netherlands, and the United Arab Emirates. Export revenues climbed from US$5.4 million in FY2020 to US$9.8 million in FY2023, reflecting a 45% compound annual growth rate.
The company runs a “Prime Academy” program, offering 120 hours of technical training per employee each year. In 2022, 85% of participants earned industry‑recognized certifications such as Certified Hydraulic Specialist (CHS) and PLC Programming Professional (PPP). Prime Industries also promotes a “Lean‑Six Sigma” mindset, with quarterly Kaizen events that have saved an estimated US$1.2 million in operational costs since 2018.
Prime Industries was incorporated on March 12, 1995, by founder Uday Narang.
The firm reported a turnover of US$45.2 million for the fiscal year 2023, a 12% increase over the prior year.
Prime Industries supplies hydraulic and automation components to oil & gas, construction, marine, renewable‑energy, and heavy‑machinery sectors.
You can request a quote via email at sales@primeindustries.in, by phone (+91‑22‑4001‑5678 or +91‑11‑2650‑1234), or through the online contact form on their website.
The company plans to launch electric‑actuated hydraulic pumps by 2025 and to raise its export share to 25% of total revenue by 2027, focusing on Southeast Asia and the Middle East.
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