The Company started its business with the manufacture of textile products in 1892, and was the first to introduce the concept of readymade bed sets/pillowcases way back in 1960's. It had a strong foothold in the sophisticated Scandinavian and European market.
The Company further successfully diversified its activities to manufacturing of drawing office/ reprographic equipment, mini drafters and high precision machine tool accessories.
The Company sold its products under the brand name "PITTIE".
In the changed economic scenario the Company exited the manufacturing activities and diversified into Real estate Development and power generation by non - conventional sources.
The Company constructed "Raja-Shree Business Park" a prestigious IT office Building in Pune and leased it to Tata Consultancy Services Ltd.
The Company has in a short span of its Real Estate development activities earned a reputation in Pune real estate market for quality and construction of high-end office space.