Pennar Engineering Services said it would expand their designer’s strength to 500 and to set up IT and engineering office across the country. The company said it would expand its team size and increase the export revenues. Started in FY 2015, the engineering services division has already registered a revenue of Rs 60 crore. PEBS Pennar expects this division to grow at a CAGR of 30 per cent over the next 5 years. India is set to increase its market share from 20 per cent in 2009 to 25-30 per cent by 2020. Over the past 3 years, PEBS Pennar’s engineering design division has catered to multiple US-based clients, for Designing & Detailing industrial, residential, commercial, retail and institutional structures effectively. It has a long standing technical collaboration with NCI Inc., USA; Total S.A, France and Tech Universal Ltd, UK. This business has contributed significantly to their operating profits.