Premium Transmission Limited is a part of a large industrial conglomerate The Thapars. The major companies in the group include Greaves Cotton Ltd., English Indian Clays Ltd. and Premium Transmission Ltd.

Premium has been the leader in mechanical power transmission products for over four decades. The first unit under the name David Brown Greaves (India) was commissioned in the year 1961 at Pune (Near Mumbai) to manufacture gearboxes in India. It was a joint venture company between Greaves Cotton & Co Limited and M/s David Brown UK. M/s Greaves Cotton & Co bought over this manufacturing facility (India) in the year 1993. The second unit started its operation in the year 1993 at Falta - near Kolkata (India) manufactures standard worm/helical and application specific gear units. The third unit at Aurangabad started manufacturing PEMBRIL brand fluid couplings in the year 1978 under a joint venture between M/s Fluidrive UK and Greaves Cotton & Co which was then bought over by Greaves Cotton & Co in the year 2003, and the fourth unit at Aurangabad started manufacturing Geard motor in the year 2012.

Premium has a wide range of Quality products such as Worm Gearbox, Helical & Bevel Helical Gearbox, Vertical Coal Pulverizing Mill Gearbox, Planetary Gearbox, Helical & Worm Geared Motors, Bevel Helical Cooling Tower Gearbox, Fluid Coupling both Constant and Variable speed, Extruder

Gearbox, Elevators Machines etc. Apart from standard gearboxes Premium also manufactures gearboxes & fluid coupling products to suit customer specification.

Premium's wide range of quality products caters the requirement of most industries such as Material handling, Sugar mills and machine manufacturing, Iron and Steel, Passenger Lifts, Cooling Towers, Dyes & Chemical, Paints & Varnish, Cement Mill and Machine Manufacturing, Paper & Pulp, Leather and Plastics, Rubber Mill and Machine Manufacturing, Food Processing & Tea, Collieries Mines & Haulages, Pharmaceutical & Starch.

State of art machines imported from Europe and other parts of the world such as Hofler, Klingelnberg, Anayak, Cooper, Hitachi, Lapointe, Issota, Webster & Bennet, Mitsubishi Heavy Industries Ltd. etc, helps Premium to manufacture best in class power transmission products.

Keeping always ahead by setting new benchmarks in quality, product design and value for money to the customers Premium has made its presence across the globe to various developed countries like Australia, , Europe, Gulf countries, Indonesia, Malaysia, SAARC Countries, Singapore, South Africa, USA, UK, Zambia, Brazil etc.