About Us
OVER 5 DECADES OF EXCELLENCE
Pioneering sustainable technology for a self-reliant India
For over 50 Years, Shriram Pistons & Rings Limited (SPRL), has been a trusted leader in technology, drawing on its exceptional lineage of the Shriram Group, one of India’s most reputed industrial houses. SPR is recognized by almost all OEMs in India, and several OEMs in Europe, USA, and Asia as a dependable partner for the supply of latest technology Pistons, Pins, Piston Rings and Engine Valves. Today SPRL is India's Largest Manufacturer of Pistons, Rings & Engine Valves. As a frontrunner in sustainable business practices, we are constantly innovating and expanding our horizons. Our success is driven by a key principle: Developing Indigenous R&D, Manufacturing & Sourcing. This commitment to LOCAL is not just good business, it’s the foundation for a self-reliant India; a core pillar of the Atmanirbhar Bharat vision.
Technology
The Company has capability to Design, Develop, Validate and Manufacture products for OEMs in India at its Tech Centre with 65+ Design and Engineering Professionals trained by its technology partners in Concept Design, FEA, Simulation, Rig Testing, Prototype Development, Engine Testing & Analysis. This is supplemented with continuous Technology and Application Engineering support from the technology partners including in Advanced Engineering and Manufacturing Processes. This enables the company to provide End-to-End Solutions to OEMs that offer optimum performance and are cost-competitive. We are already working with several OEMs to provide optimum solutions to meet CAFE/emission norms.
Centre of Manufacturing Excellence
The Company deploys the most modern manufacturing equipment and processes, using state-of-the-art technology from four global leaders. SPR has evolved into a center of manufacturing excellence, employing over 9000 motivated and multi-skilled employees. The group’s annual turnover is over US$ 381 million and Market cap of over USD$ 1 Billion as on 31st March’2024.
The Company is the largest manufacturer of Pistons, Pins, Rings and Engine Valves in India. Its products are marketed to OEMs and Aftermarket under the brands SPR and USHA, names that are synonymous with Quality and Reliability.
Customer First
"Total Customer Satisfaction through Quality Management and Continuous Improvement" has seen Shriram Pistons, Pins, Rings and Engine Valves grow from strength to strength. Our products form an integral part of the portfolio of all leading OEMs in India and abroad, including for Euro 4, Euro 5 and Euro 6 Engines. Our client list reads like “Wh o’s Who” of the automobiles industry and includes Ashok Leyland, AVTEC, Bajaj Auto, DAIMLER, Escorts, FUSO, Greaves, Hero MotoCorp, Honda Motorcycle & Scooter India, Honda Car, Hyundai, John Deere, JCB, JLR, Kirloskar, Mahindra, Maruti Suzuki, CNH Industrial, Renault-Nissan, Simpson & Co., Swaraj Engines, Tafe Motors, Tata Motors, Tata Cummins, TVS Motor, VE Commercial Vehicle, Fiat Automobiles, ZF WABCO, India Yamaha, Yanmar, Royal Enfield, ITL, Escorts Kubota, and many more.
We Export to Stay Ahead
Export is at the core of SPR's business strategy. Development and manufacture of the latest technology products for OEMs in Europe, USA, etc. challenges the enterprise to hone its manufacturing processes, technology, and quality to global standards. This acts as a catalyst to transform the entire organization. Not surprisingly, SPR is the largest exporter of Pistons and Rings from India to Marque customers, including Perkins, Caterpillar, CNH Industrial, IVECO, FUSO, Deutz, Honda, Jaguar Land Rover, Bitzer, Fiat Power Train, Cummins, Yanmar, BMW, Daimler, BRP Rotax, Kubota, ZF Wabco, AGCO, Volkswagen, BITZER etc. SPRL has the "Trading House" status from the Government of India. SPR and USHA are also amongst the best-recognized brand names in the aftermarket globally.
The Unmatched Joy of Togetherness
We walk hand-in-hand with global technology leaders, who share our commitment to product quality, performance, and customer-centricity. We have technical collaboration with Kolbenschmidt (KS) Germany & Honda Foundry, Japan for Pistons, Riken Corporation Japan for Rings and Fuji Oozx Japan for Engine Valves.
Winning Awards. And Hearts
Being customer-driven, and bringing smiles, has its rewards. SPR is the first Piston, Ring and Engine Valve manufacturer in India to receive the coveted TPM Excellence Award in 2004 and TPM Special Award in 2008 and TPM Excellence Award in 2023 from JIPM, Japan. Also, SPR has received multiple awards from OEMs for Excellence in Technology, Manufacturing Excellence, Quality, Exports and Overall Performance. SPR has Direct on Line (DoL) status with most OEMs.
Diversifying beyond precision ICE components!
SPR Engenious Limited “SEL”
SPR Engenious Limited., is a wholly-owned subsidiary of Shriram Pistons & Rings Limited (SPRL), pioneer in India's auto component manufacturing sector. Established by SPRL to spearhead diversification and innovation, SEL is poised to drive future growth initiatives. Committed to expanding both existing and new product lines, SPRL aims to enrich its portfolio. Recently, SPRL, via SEL, finalized strategic acquisitions of SPR EMF Innovations Pvt. Ltd. and SPR Takahata Precision India Pvt. Ltd. These endeavors underscore SPRL's dedication to evolution and excellence, cementing its position as an industry leader committed to innovation and expansion.
SPR EMF Innovations Pvt. Ltd. (SPR EMFI)
SPR EMF Innovations Pvt. Ltd., is a young Technology company Co-founded by engineering entrepreneurs with substantial R&D and manufacturing operations in Coimbatore, Tamilnadu, and Singapore, thereby localized e-mobility solutions to customers in India and abroad.
Shriram Pistons and Rings Ltd (SPRL) is now the majority shareholder in SPR EMFI post the majority share acquisition in SPR EMFI through its wholly owned subsidiary SPR Engenious Ltd. With the majority Shareholding, SPRL aims to expand its presence in electric vehicles (EV) space to supply electric powertrain components such as motors and controllers ranging from 250W ~ 300KW covering all vehicle segments from Two Wheelers, Three-Wheelers, Passenger Vehicles, Commercial Vehicles and Buses to both Domestic and Global Clients in the Automotive and Industrial sectors.
SPR Takahata Precision India Pvt. Ltd. (SPR TPIL)
SPR Takahata Precision India Pvt. Ltd., is the leading precision engineering company engaged in the manufacturing of precision moulded/assembled parts and precision metal moulds located at Neemrana, Rajasthan. Shriram Pistons & Rings Limited (SPRL) acquired (through its subsidiary, SPR Engenious Ltd.) a majority stake in SPR Takahata Precision India Pvt. Ltd. With this strategic investment, SPRL aims to diversify its product portfolio beyond the current Pistons, Rings, Engine Valves, and EV components to precision plastic injection moulded parts. With the operations & technology support of Takahata Japan to SPR TPIL, we will be able to service the Domestic and Global customers requiring precision moulded parts both for Automotive & Industrial applications. The product range of SPR TPIL includes Power Window Parts, Wiper Motor Parts, Door Lock Parts, Seat Belt Parts, Junction & Relay Box, Fuel Pump Module, Throttle Sensor, ECU, Steering Part, Head Lamp Unit Assembly, Case Parts, Starter Motor, Steering Parts, Air/C Parts, Brake Unit Assembly and Accelerator Pedal Sensor. Major customers include: Hitachi Astemo, Denso, Mitsubishi Electric etc.
Betting
BIG
on technology
In our successful journey of over 5 decades of Excellence, SPR has set international benchmarks in manufacturing Pistons and Rings through its robust technology and quality-oriented innovations.
Board of Directors
- Shri Pradeep Dinodia
Chairman (Non-Executive Non-Independent Director)
- Shri Luv D. Shriram
Whole-Time Director
- Shri Krishnakumar Srinivasan
Managing Director & CEO
- Shri Hari Shanker Bhartia
Independent Director
- Ms. Ferida Avnish Chopra
Independent Director
- Ms Tina Trikha
Independent Director
- Shri Shinichi Unno
Independent Director
- Ms. Meenakshi Dass
Non-Executive Director
- Shri Klaus Semke
Non-Executive Director
- Shri Yasunori Maekawa
Non-Executive Director
- Shri Alexandru Vladoi
Alternate Director to Shri Klaus Semke
- Shri Shigeto Muno