SKP Bearing Industries Limited has commenced commercial production at its newly established steel ball manufacturing facility, Plant III, located in Surendranagar, Gujarat, India. The company disclosed this development in a regulatory filing.
The new facility, situated at Survey No. 493/1, Zammar Lakhtar Road, Lakhtar, is equipped with advanced manufacturing technology aimed at increasing production capacity. The company expects this expansion to contribute to its overall revenue growth in the coming financial years.
SKP Bearings, incorporated in 1992, specializes in the production and supply of precision needle rollers, cylindrical rollers, pins, and balls. Last year the company had acquired Valette et Gaurand Industries, a French company with over 95 years of experience in high-precision mechanics.