Overview
Anand I-Power Limited (AiPL) is a public limited company based in Nasik, Maharashtra, India, established in 1962, and was formerly known as Perfect Circle India Limited. It's part of the Anand Group, one of India's well-known auto component conglomerates.
What it makes
The company is a leading manufacturer of piston rings, clutch plates, groove/alfin inserts and flat plates, along with innovative products like moly plasma inlaid rings, chrome scrapper rings, PVD-coated rings and DLC rings. It employs a research-oriented operation style and uses advanced technology, with products manufactured using the latest hard-coating technologies that resist wear, abrasion and corrosion, reduce friction, and enhance product longevity. This has helped it build a reputation as one of India's leading manufacturers and exporters of piston rings. The company has also introduced a centrifugal casting method alongside the traditional static casting method, to better align with customer requirements.
Recent developments
Anand I-Power Limited inaugurated a high-efficiency solar power project, in the presence of Anand Group leadership including the Group CEO and Group CHRO/Chairman of AiP, suggesting the company is investing in renewable energy for its manufacturing operations, in line with broader sustainability trends in Indian auto-component manufacturing.