PAE Ltd, originally known as Premier Auto Electric Limited, was established in 1950 as a subsidiary of Premier Automobiles Limited. Initially focused on trading automobile products and services, PAE expanded to represent foreign and domestic auto component manufacturers. Over the years, it shifted its focus to the sales and service of lead storage batteries, power backup systems, and automotive parts. The company has achieved significant milestones, including an MoU with Best & Crompton Engineering in 1993, granting exclusive rights to market components for PAL-Peugeot cars.
PAE is recognized for its quality, being the first auto spare parts marketing and distribution company to receive ISO 9002 Certification from RWTUV, Germany. While it faced challenges such as industry recession and natural disasters impacting turnover, PAE has continued to innovate, introducing products under its brand 'PRIYA' and engaging in pollution control initiatives like CNG kit installations. In 2004, the company was renamed PAE Limited, marking a new era in its operations.
