Shriram Pistons Ready With BS VI Products,Eyes 15% ~rowth for Next 5 Years

O Indian automotive pis-ton specialist ShriramPistons & Rings is tar-geting a double digit

growth for the next fiveyears as they have productsmatching Bharat Stage Vand Bharat State VI emis-sion norms.

The Indiangovernment isworking to cut pollution lev-els by updating emissionnorms to higher levels by2020.

Interacting with media atthe recently held Auto ExpoComponent Show 2016, MrA.K. Taneja, Managing Di-rector & CEO of ShriramPistons & Rings, said thecompany has been export-ing its products to Europeand North American coun-tries too. This has in-

Automotive Engineer & Trader, March 2016· ~ \b,

Mr A. K. Taneja, Managing Director & CEO of Shriram Pistons & Rings briefing Heavy Industries MinisterAnant Geete about Shriram's as VI products at the company's stall in Auto Expo Component Show 2016.creased its ability and oppor-tunity to manufacture prod-ucts, matching Euro V and

Euro VIemissionnorms.

higher emission norms by2020, Taneja said, "We arealready equipped with techni-cal expertise to manufacturethose products for higher BSnorms and partner with ourcustomers in coming years."

to grow in the range of 12-15 percent in the comingfive years, Taneja said.

He also said the com-pany is getting around 20percent of its total revenueof Rs 1500 crore from ex-ports and it is India's larg-est automotive piston andpiston ring manufacturer.

Further, he said the com-pany has four collaborationswith top automotive playersin the world. It has techni-cal collaborations with Ger-many's Kolbenschmidt forPistons, Riken Corporationof Japan for Piston Ringsand Fuji Oozx of Japan forEngine Valves.

In addition, Shriram Pis-tons also has a technicalcollaboration with Japan'sHonda Foundry for themanufacture of Pistons forengines produced byHonda and its joint venturesin India.

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With theIndian gov-ernmentgearing toimplement

The company has beengrowing in the range of 14percent in the past five years.Shriram Pistons has a target

Mr Balram Sharma of AET visits The Hi·Tech Group Pavilion at AutoExpo 2016. He is presenting AET Special Number to Mr PranabKapuria, Managing Director of the Company.

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Mr Anant Geete, Union Heavy Industries Minister inaugurates and takes look at stalls at Auto Expo 2016·Components Show. Others in the pictureare: Mr Deep Kapuria,' Vinnie Mehta with some colleagues.

26 Automotive Engineer & Trader, March 2016