1957 : The precursor to starting an engineering company. P.Murugamanickam was invited to develop a fitting demonstration of technology on the occasion of the Centenary celebration of UNIVERSITY OF MADRAS. He made something which was really futuristic that made people awestruck. A wireless operated car without a driver. It was a real full size car, a Morris Minor 1954 model with registration number MSZ 4216. In 1957, when the electronics of today was not available, he had to depend totally on available material. The wireless transmitter was a spark plug, the receiver was a radio set and the entire actuation systems were built using the mechano set (the build it yourself toy!) The University of Madras awarded a gold medal for his unique achievement.
1960 : Mr. P. Murugamanickam, a professor of Engineering in Madras University (Chennai city was known as Madras then) started Duraikannu Engineering works as a small cottage industry to do sub contract work for engineering industries.
1964 : Venky Engineering Works was started for full fledged engineering research and development work.
1967 : The first product of the company, the Venky Moped is produced. The engine, transmission and electronic ignition was indigenously developed. The moped was powered by a 44cc 2 stroke engine developing around 3.5HP. The moped had a maximum speed of 60 Kmph. The fuel efficiency of 56 Km/l. The company owes it’s automotive knowledge base to this project.
1971 : The first test rig is made. An IC engine inlet and exhaust valve spring test rig is made and delivered.
1972 : The treadmill was the bread and butter product of the company. It was used for medical as well as athlete training. Used from Indian Defense to all leading medical institutions in India.
1974 : The heart lung machine made open heart surgeries affordable with this piece of Indian technology. This machine acts as the lung and heart of the patient undergoing open heart surgery.
1982 : The fist electronically controlled test rig is made. A friction measuring device called the scale friction test rig, used to evaluate the frictional properties of automotive brake and clutch friction materials.
1988 : The first micro controller based test rig is made. A friction measuring device called the scale friction test rig, used to evaluate the frictional properties of automotive brake and clutch friction materials.
1992 : Venky Engineering works is divided among the partners and the testing machine / system integration division is taken by Mr. P.M. Venkataswamy and Pyramid Precision Engineering is formed.
1993 : The first computerized, PC based software controlled test rig is made. Again a friction testing machine called friction coefficient test rig. The flagship product of Pyramid Precision Engineering. It has sold over 40 machines in India and worldwide.
2003 : The biggest machine made in Pyramid Precision Engineering, the Railway brake dynamometer is delivered. The machine simulates the inertia of a railway wagon on the railway brake and performs UIC tests.
2005 : Pyramid Precision Engineering is incorporated as Pyramid Preicision Engineering (India) Pvt. Ltd.
2006 : Independent IT division created. This division will provide software and integration services to BtoB and BtoC customers.
Pyramid Precision Engineering (India) Pvt. Ltd. becomes an alliance partner of National Instruments.