About Pennant


30 years ago, in 1985, a journey began in a small setup in Hadapsar, Pune. Pennant came into existence as a home-grown unit to meet the manufacturing industry’s need for steam related products. We began with thermodynamic steam traps, and very soon, the demand from the market and a desire to innovate led us to develop the complete range of steam traps and speciality products.

The seed that was planted then has grown and branched out to cross continents and international borders. Today, we are a global entity boasting of countless clients and a diverse product portfolio. Today, we seek to ‘Lead the way’.

Consistently, we have sought to add value to our clients through revolutionary products, expert consultancy and impeccable service, earning us the trust and loyalty of our customers.

A constant quest for quality means that our total solutions meet and often surpass, stringent international standards. State-of-the-art machinery is deployed at every stage, and only the most qualified personnel look after the complete process.

Our extended client list goes beyond domestic borders and today we have three manufacturing units that can cater to the constant demand, both, in India and the overseas market. An extensive sales and service network enables us to bring these new-age technologies to the customer, when they need it, where they need it.

The strict quality compliance has earned us approvals and recognition. Besides receiving the ISO 9001:2008 certification by Det Norse Varitas (DNV) in 1999, we are also registered with almost all global OEMs and consultants worldwide. Moreover, our products have been approved by third party inspection agencies like Lloyds, BV, INTERTEK, TUV, DNV, TATA PROJECTS, etc.

The management at Pennant comprises some of the most experienced and dedicated individuals in the industry. Many have been part of Pennant since its inception, and continue to take the company further with their acumen and insights.

Mr. Christopher J. Fernandes

Managing Director, Pennant Group

Mr. Christopher J. Fernandes is the Founding Director of the Pennant Group. In his 30 year career, he has worked across industries and has acquired rich and diverse skills.

Read more

A strong advocate of home-grown technologies,
Mr. Fernandes ensures all his products are manufactured in India and exported to 25 countries worldwide. This is immensely beneficial to the economic growth of the country. A strong focus on quality, throughout the entire manufacturing process, has helped the Pennant Group become a renowned global player.

Mr. Fernandes was a Member of the Central Advisory Board of PVF 2015. He has received the Entrepreneur of the Year Award, 2014 by Manufacturing Today Conference and Awards 2014, a leading manufacturing magazine.

A mechanical engineer from IIT, Mumbai, he also has a Diploma in Business Management. He uses the skills acquired during his long career to also lead and actively contribute to various social activities.

Mr. Ryan Fernandes

Director, Pennant Group

Mr. Ryan Fernandes has a rich experience spanning a decade and a half across multiple industries, manufacturing products for the steam-using industry.

Read more

A proponent of grown-in-India, Mr. Fernandes focuses on expanding exports for Pennant. By focusing on delivering quality products to global customers, he gets closer to his plans of making Pennant a global solution provider.

A graduate in banking and finance from Wadia College Pune, Ryan Fernandes combines his knowledge and business acumen to achieve his goals.

Apart from heading the Pennant Group, he is also actively involved in various social activities.

MR. J. K. Kakkad

Director, Pennant Group

Pennant is in good strong hands under the able leadership of Mr. J. K. Kakkad. With him comes 45 years of a rich and varied manufacturing industry experience.

Read more

Pennant is in good strong hands under the able leadership of Mr. J. K. Kakkad. With him comes 45 years of a rich and varied manufacturing industry experience.

As Director, J. K. Kakkad delivers Pennant’s promise of providing products and solutions that help customers conserve energy. Supporting him in this endeavor is the strong foundation of his engineering knowledge, gathered over the years.

J. K. Kakkad is a graduate in mechanical engineering from GovtPolytechnic, Pune, and he rides on his knowledge, experience and skills as he guides the Pennant Group towards becoming a global player.

Mr. Raj Devi

Director, Pennant Group

Raj Devi is the Director of Pennant Group. His strategic vision, innovative leadership and experience have driven the growth and expansion of Pennant.

Read more

Raj Devi is the Director of Pennant Group. His strategic vision, innovative leadership and experience have driven the growth and expansion of Pennant. Before founding Chenoa (his own venture), Raj was Vice President at AIG. He led operations and technology operations and implemented global insurance business solutions.

Prior to AIG, Raj directed sales force automation and portfolio management initiatives at Prudential Investments. Over the last twenty years, he has been involved in designing and developing enterprise class systems for financial, insurance and other industry verticals.

Raj earned his MBA in Information Technology, State University of New York and a Bachelors of Technology from IIT Mumbai, India.


We aim to increase our global market share through high quality manufactured products and engineered solutions for steam and thermal applications.


The very DNA at Pennant is that of always doing the best. Every facet of our business revolves around creating delightful interactions for our customers, whether through our products or our solutions.

We believe in going out of our way to meet our customer’s requirements. Every individual at Pennant is familiar with our 5-pronged Value System:

Customer First – always

Integrity – never compromised

System Orientation

Continual Improvement – part of the DNA

Social Responsibility – goingbeyond the call of duty

It is these qualities, unexpected to the customer and simply a way of life at Pennant, that have cemented the several relationships we enjoy with our customers.