Month & Year

Event Description

Mar-85

Company Incorporated Commencement of Business

Mar-86

Technical Collaboration with M/s. Cheng Shing Piston co. Ltd

Oct-88

Commercial Production of Piston & Pins at Bonthapally

Jan-89

Developed Asymmetric Profile of Super hyper Eutectic Piston

May-91

4 Stroke Pistons developed for Motorcycles

Aug-93

Setup a full fledged Piston Ring Plant at Varisam

Aug-94

Developed squeeze casting process for 4S 2-wheeler; & 4- wheeler

Oct-94

Developed Ductile/Nodular/KV1 piston rings with key stone chrome plated rings.

Dec-96

Setup second factory for manufacture of Pistons to increase capacity and commenced commercial production at Akkivalasa

Aug-97

Accredited with ISO 9002

Sep-98

Established Technology Center with Japanese expertise & Consultancy for 4S Pistons and Steel Rings and 3 Piece Oil Rings for Motorcycles & Cars.

Dec-99

Commercialized Production of ring Carrier Pistons for Tractors, LCVs & HCVs with German Technology

Apr-00

Best QCD Vendor award received from TVS-Suzuki for 3 years 1998, 1999 & 2000

Feb-01

Technology award by CBMD - India

May-01

Accredited with QS-9000: 1998

Jun-01

FAPCCI Award for the Best All Round Industrial Performance

Oct-03

Dr.Sir M Visveswaraya Industrial Award for Best Performance in Large & Medium Scale Sector for the year 2003.

Mar-04

Company has become a DEBT FREE COMPANY from all long-term interest paying loans.

Jun-04

Certified for Quality Management System (QMS) under ISO/TS 16949 : 2002 by M/s. Underwrites Laboratories Inc. - USA .

May-05

Achieved Best Management Award for 2005 from Govt. of Andhra Pradesh

Mar-06

Achieved Honda Motorcycle & Scooter India Pvt. Ltd for Quality & Delivery Targets for 2005-06.

Apr-06

FAPCCI AWARD for Best Marketing Performance for 2005

Mar-09

ISO 14001 : 2004 for Environmental Management System

Mar-09

BSI - OHSAS 18001 : 2007 for Occupational Health and Safety Management System