Journey & Growth

From LED bulbs to a
₹100 crore vision.

Fourteen years of compounding — from a small entrepreneurial start in 2012 to a national OEM partner charting a course to 2030.

Company Timeline

2012 → 2030

2012

PMR Industry

  • LED bulb manufacturing
  • Entrepreneurial journey started
2015

Tirumala Enterprises

  • Business expansion
  • Legal & commercial services
2016

Vivid Industries

  • Entry into OEM manufacturing
  • Automobile components
  • Tube fabrication
2022

Shriprasad Automobile OPC Pvt. Ltd.

  • Company incorporated
  • Tube laser cutting & CNC bending
  • Press shop, SPM development
  • OEM supplier
2022–26

Major Achievements

  • TVS approved supplier
  • Rucha Engineering partnership
  • TPM culture, precision engineering
2027

Scale-Up

  • New factory expansion
  • Fully automated production
  • New OEM customers, export readiness
2028

Diversification

  • Auto component cluster
  • Railway & EV components
  • Smart manufacturing
2029

National Scale

  • National OEM partner
  • Industry 4.0
  • Robotics & automation
₹100 CR

Vision 2030

Leading Indian Automotive Manufacturing Company

Growth Journey

₹5 Cr
FY22-23
₹8 Cr
FY23-24
₹12 Cr
FY24-25
₹24 Cr
FY25-26
Compounding revenue, every year. Revenue has roughly doubled year over year since incorporation — a trajectory built on TVS-approved quality, TPM discipline and a growing OEM customer base, aimed squarely at ₹100 crore by 2030.

Founder's Path

Fifteen years,
five milestones

The entrepreneurial arc behind Shriprasad, led by Mr. Prasad Salapurikar.

2012

Founded PMR Industry, beginning small-scale LED bulb manufacturing.

2015

Established Tirumala Enterprises, marking entry into the legal sector.

2016

Launched Vivid Industries, expanding further into manufacturing with a focus on OEM parts supply.

2022

Founded Shriprasad Automobile OPC Pvt. Ltd., a major milestone in auto components and two-wheeler parts manufacturing.

2024–25

The company achieved an annual turnover of ₹50 crore, reflecting its rapid growth and strong market presence.