Shriram Pistons Ready With BS VI Products, Eyes 15% ~rowth for Next 5 Years O Indian automotive pis- ton specialist Shriram Pistons & Rings is tar- geting a double digit growth for the next five years as they have products matching Bharat Stage V and Bharat State VI emis- sion norms. The Indian government is working to cut pollution lev- els by updating emission norms to higher levels by 2020. Interacting with media at the recently held Auto Expo Component Show 2016, Mr A.K. Taneja, Managing Di- rector & CEO of Shriram Pistons & Rings, said the company has been export- ing its products to Europe and North American coun- tries too. This has in- Automotive Engineer & Trader, March 2016· ~ \b, Mr A. K. Taneja, Managing Director & CEO of Shriram Pistons & Rings briefing Heavy Industries Minister Anant Geete about Shriram's as VI products at the company's stall in Auto Expo Component Show 2016. creased its ability and oppor- tunity to manufacture prod- ucts, matching Euro V and Euro VI emission norms. higher emission norms by 2020, Taneja said, "We are already equipped with techni- cal expertise to manufacture those products for higher BS norms and partner with our customers in coming years." to grow in the range of 12- 15 percent in the coming five years, Taneja said. He also said the com- pany is getting around 20 percent of its total revenue of Rs 1500 crore from ex- ports and it is India's larg- est automotive piston and piston ring manufacturer. Further, he said the com- pany has four collaborations with top automotive players in the world. It has techni- cal collaborations with Ger- many's Kolbenschmidt for Pistons, Riken Corporation of Japan for Piston Rings and Fuji Oozx of Japan for Engine Valves. In addition, Shriram Pis- tons also has a technical collaboration with Japan's Honda Foundry for the manufacture of Pistons for engines produced by Honda and its joint ventures in India. 25 With the Indian gov- ernment gearing to implement The company has been growing in the range of 14 percent in the past five years. Shriram Pistons has a target