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Shriram Pistons & Rings Ltd.

BSE: 533021 Sector: Auto
NSE: SHRIPISTON ISIN Code: INE526E01018
BSE 05:30 | 01 Jan Shriram Pistons & Rings Ltd
NSE 00:00 | 20 Apr 740.00 -8.00
(-1.07%)
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759.00

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740.00

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Shriram Pistons & Rings Ltd. (SHRIPISTON) - Company History

India's largest exporter of pistons and rings Shriram Pistons & Rings is situated in Ghaziabad Uttar Pradesh. For pistons the company has tied up with Kolbenschmidt Germany the sole suppliers for BMW Mercedes Benz Volkswagen Ford Volvo Peugeot etc. It also has a technical tie-up with Honda Foundry Company Japan for Honda-model pistons. Shriram has a dedicated production line for Maruti Udyog.The company regularly exports pistons piston pins and rings and engine valves to Germany Britain Holland Belgium Greece Egypt west Asia central Asian Republics South America and Australia among others.In 1994-95 the company received the ISO 9001 certification from RW TUV Germany for its pistons/pins/rings division and marketing functions of the company. The company diversified into the manufacture of steel rings and Rikvent oil-control rings. It had set up manufacturing facilities for steel rings in collaboration with Riken Corporation Japan as also expanded its piston capacity. Steel ring plant and the expanded capacity of pistons were commissioned in 1995.The company meets the total requirements of pistons for the Honda joint ventures in India. During 1996-97 its Piston Plant capacity was expanded by setting up an additional machining line to manufacture Gasoline pistons. Engine Valve plant capacity expansion was also implemented during the year.During 1997-98 the company received the recognition of a Export House also the Best Vendor award from Maruti Udyog Ltd. SPRL has received QS-9000 accredition from RWTUV Germany during 1998-99. It also received the ACMA Quality Award and the Best Performing Supplier Award from Tata Cummins Ltd and Certificate of Export Excellence from Engineering Export Promotion Council in the year 1999-2000.The company has received ISO-14001 certification from DNV Netherlands for Environmental Management System Standard.The company is planning to develop new models of pistons/new designs to achieve better productivitybetter consumer acceptance. The company has introduced New models/pistons/piston ringspins/engine valves. It has expanded the installed capacity of Piston Ring Works during 2002-03.

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