Permanent Magnets has incorporated a wholly owned subsidiary company named ‘Quantum Magnetics’ on May 31, 2023. The wholly owned subsidiary is incorporated to carry on the business in India or elsewhere as buyer, sellers, manufacturers, importers, exporters, distributors, dealers in neodymium magnets and related products. The business of wholly owned subsidiary is in line with the main line of business of the company.
Permanent Magnets is among the flagship companies of Taparia Group, Mumbai and also one of the leading manufacturers of Alnico Cast Magnets and Yoke Assemblies.
