'We are committed to ICE, diversifying into EVs and powertrain-agnostic domains': SPRL's Krishnakumar Srinivasan

With a robust strategy of maintaining leadership in its core business while strengthening its EV and hybrid portfolio, and diversifying into domains such as plastic precision parts, Shriram Pistons & Rings is eyeing a 15% YoY growth in the coming years. The company also expects EV contribution to business hitting 30% by 2035.

By Ketan Thakkar

06 Jun 2025

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'We are committed to ICE, diversifying into EVs and powertrain-agnostic domains': SPRL's Krishnakumar Srinivasan

Leading Tier-1 components supplier Shriram Pistons & Rings (SPRL) is charting out a defnitive growth strategy for the future. On one hand, the company is focusing to maintain leadership in its core business of supplying pistons and rings for IC engines, on the other hand, it is planning to augment its diversification in the EV domain as well as other categories such as plastic precision parts.

In this exclusive interview, Krishnakumar Srinivasan, MD, Shriram Pistons & Rings shares the company's 15% YoY growth outlook in the coming years, while anticipating EV contribution to business hitting 25-30% by 2035. "We are committed to ICE and diversifying into EVs and powertrain-agnostic domains," Srinivasan says in this video.

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