PEB is based in Pune and has provided services to the Indian Government's Bharat Nirman Program in the field of combustion and thermal engineering technologies.

In 1951 to meet India's growing demand for welding electrodes, JB Advani & Co formed a joint venture with Oerlikon-Buhrle of Switzerland to manufacture them.

[4] The 1970s also saw the formation of Ador Fontech, a company providing metal reclamation and surfacing solutions[buzzword] for industrial components.

[5] Within ten years, Ador Fontech had become the number two company after Larsen and Toubro in the metal reclamation sector.

In 1986 JB Advani & Co launched an initial public offering and ceased to be the holding company of Advani-Oerlikon Ltd.