Founded in 1994, Prashtech was started in as a company dedicated to the manufacture of quality products in the field of CNC Turning accessories used for `Work-Support`.

The promoters of the company Mr. Shekhar Mhapsekar and Mr. Prabodh Veerkar, both engineers, highly experienced in their respective fields fuelled the growth of the company by their innovative ideas. Mr. Veerkar looks after product development, design and manufacture whereas Mr. Mhapsekar who is a postgraduate from the Indian Institute of Technology, handles the marketing, administration and finance of the company. Prashtech is situated in Pune (180 kms. south of Bombay), the industrial city of India, where innovation rules.