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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