Shriram Pistons to invest for majority stake in EMF Innovations
Shriram Pistons & Rings Limited (SPRL), one of India’s most recognised auto component manufacturers, has announced to acquire a majority stake in EMF Innovations Private Limited (EMFI), a Singapore-backed electric motor design and manufacturing company through its wholly-owned subsidiary, SPR Engenious Limited (SEL). The move will mark SPRL’s foray into the buzzing EV mobility space. […]
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