Announces patent for its
groundbreaking High-Pressure Die Casting (HPDC) process for lightweight piston
manufacturing, expected to reduce the weight of 2W/3W pistons by 10-15%
Mr.
Tushar Arora_Jt MD and CEO
Abilities India Pistons
& Rings Ltd. (Abilities India), a leading name in the manufacturing of
Pistons, Piston Rings, Gravity Casting, Pressure Die Casting, and Coatings,
announces the grant of its SECOND patent for its groundbreaking High-Pressure
Die Casting (HPDC) process for lightweight piston manufacturing. This
breakthrough is expected to reduce the weight of 2W/3W pistons by 10-15%,
resulting in a substantial annual aluminium saving of 307.5 tons based on the
current annual output of 20 million 2W/3W vehicles. By 2030, this saving is projected to increase
to 461.25 tons annually. Corresponding carbon emission reduction will be 920
tons /annum presently & 1380 tons/annum by 2030 respectively Abilities
India's immediate priorities include leveraging these patented technologies
domestically and internationally, alongside the development of critical
components to support the self-reliance goals of leading Indian OEMs.
Furthermore, the company
achieved a noteworthy revenue of INR 128 Cr in FY24 & is poised for
substantial growth in the years ahead fuelled by technological advancements. It
is on course to achieve a top line of INR 225 crores approx. in FY 2026 &
increase in EBIDTA from 14% in FY 2024 to 16% approx. in FY 2026. To bolster
this trajectory, the company intends to double the size of its R&D team and
increase fund allocation to 3% of revenue. Currently, its manufacturing
facility spans across 5 acres in a single location with a built-up area of
14,153 square meters. Plans are underway to expand by an additional 3000 square
meters in FY25/26, with an investment of INR 20 crores, supplementing the INR
17 crores invested in FY24.
Traditionally, pistons for
gasoline and diesel engines are produced using the Gravity Die Casting (GDC)
process, optimized for mass production but constrained by thicker wall
thicknesses and higher machining allowances. However, AIP's High-Pressure Die
Casting (HPDC) process revolutionises piston manufacturing. By subjecting the
molten metal to high pressure within a mould, it achieves intricate contours
and desired geometry, resulting in pistons with minimal machining requirements.
This innovation, applied to various piston types, signifies a significant leap
in engine component technology, addressing stringent emission regulations for
both 2-stroke and 4-stroke engines. The process addresses the evolving needs of
the automotive industry of tightening emission standards and the demand for
lightweight, high-performance components.
Mr.
Sunil Arora, Chairman and MD, Abilities India Pistons & Rings Ltd. said,
"At Abilities India, we are dedicated to pioneering research and
technological advancements within the auto components industry. Our second
patent underscores our unwavering commitment to innovation and sustainability in
automotive manufacturing. With the development of this cutting-edge
manufacturing process, we are improving engine performance and actively
reducing emissions, thus shaping the future of automotive technology. This
milestone reinforces our position as leaders in sustainable and efficient
solutions for the global mobility domain."
Mr.
Tushar Arora, Jt. MD & CEO, Abilities India Pistons & Rings Ltd.
commented, "Our newly patented High-Pressure die-casting
process is a game-changer for the automotive industry. By reducing piston
weight, we are enhancing fuel efficiency and engine performance while also
cutting down on material usage and carbon emissions. We are excited about the
transformative potential of this technology."
Abilities India remains
dedicated to research and development, continually exploring avenues to enhance
coating properties and broaden applications, ensuring continuous innovation and
meeting the growing demand for advanced automotive components.
