In 1977, Mr Manohar Y Patil started supplying diesel engine components and assemblies to diesel engine manufacturer with the business name Precision Enterprises. It was a small and single step towards an ambitious dream. Mr Manohar Y Patil is a visionary, an entrepreneur to the core and a deadly hard worker. Within a short span of time company expanded the activities and started second manufacturing unit to meet growing business demand. Simultaneously with the tangible expansion, the company was getting acceptance and preference from diesel engine manufacturers and received Gold Medal for business excellence in diesel engine components manufacturing category. In the year 2000, new facility was built in MIDC Shiroli, an industrial area in Kolhapur, Maharashtra, India and entire operations moved to new building. In 2001, Ratna Udyog was established to respond critical machining needs in the market. Mr Manohar Patil’s elder son Mr. Sachin Patil and younger son Mr Nitin Patil joined company as Director in the year of 2000 and 2009 respectively. Both of them are qualified Graduates in Engineering. They have inherited the business acumen, discipline, ambitions from their father.