The company has tied up with two overseas companies Piaggio of Italy and ACL Piston Products of Australia to export pistons pins and rings. The initial export order is worth Rs 10 crore, Samkrg Pistons chairman and managing director SDM Rao said.

"We are investing Rs 10 crore to upgrade our technology and expanding the capacity to meet the export obligations," Rao said adding the investments will be met through internal accruals and profit. The company is also negotiating with a US-based company for huge exports and has already received trial orders.