From its evolution from a pipeline company to an international diversified EPC Group today, Punj Lloyd’s history is dotted with interesting and heartening anecdotes of its rich experiences gained in different geographies, of people who stood tall to bring it so far, of complexities of its various diverse projects and the challenges of time.
For the large, global player that it is today, Punj Lloyd had a modest start. Atul Punj, Chairman - Punj Lloyd was the third generation in the Punj family business. He started the pipeline division of Punj Sons Private Limited in 1982 which was later incorporated as Punj Lloyd Engineering Private Limited in 1988. The company was rechristened Punj Lloyd Private Limited in the following year and subsequently became Limited in 1992.
From what started with pipelines, grew to constructing tanks & terminals, refineries, power plants and civil infrastructure. Punj Lloyd was also quick to spot opportunities in overseas markets and secured its first overseas contract – Balongan Jakarta Product Pipeline, in Indonesia in 1992. At the time of the Indonesian crisis, Punj Lloyd stood steadfast when other international companies retracted. Punj Lloyd soon widened its international operations to Abu Dhabi, Kuwait, Qatar, Malaysia, Kazakhstan among others. This formed the basis for the establishment of the Group’s regional offices in the Caspian, Middle East and North Africa (MENA), South East Asia and South Asia.
Growing from strength to strength, the Group embarked on a branding initiative in 2006 to focus on creating a powerful EPC brand that unites global operations and diverse service offerings. The new logo is based on the idea of synergy - different entities working together to create a whole that is larger than the sum of its parts.
Making inroads into Defence in 2008, Punj Lloyd grew towards establishing itself as a credible player for defence equipment. Building capabilities in the sector, year 2017 saw the company take on the lead in the sector with the set-up of the country’s first Small Arms Manufacturing Facility along with its Joint Venture partner, world leader in combat weapons.