Shriram Pistons & Rings Ltd (SPRL) plans to spend Rs 600 crore over the next five years in its second manufacturing facility that is coming up at Pathredi in Rajasthan. The company manufactures pistons, piston rings and engine valves catering to most vehicle and engine manufacturers in the country. The second plant is being set up to double the company’s capacity and to produce high-end products suitable for automotive engines that conform to Euro IV and Euro V emission norms.
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