Auto component manufacturer Shriram Pistons & Rings Limited, announced that they had acquired a majority stake in EMF Innovations Private Limited, a Singapore backed electric motor design and manufacturing Company through its wholly owned subsidiary, SPR Engenious Limited.
EMFI is a technology company with R&D and operations in India and Singapore providing cost effective e-mobility solutions. EMFI has a base in power electronics & motors research and an extensive semi-automated manufacturing system for EV Motors.