bearings

NRB Bearings outlines diversification into industrial and aerospace segments; targets INR25 billion revenue by 2031

NRB Bearings Limited reported a strategic shift beyond its core automotive business, with plans to expand into industrial bearings, aerospace, robotics and construction equipment while maintaining margins in the 18 percent to 20 percent range. The company reiterated a medium-term revenue target of INR25 billion by 2031, supported by diversification and phased capital expenditure. “Beyond […]

SKP Bearing Industries Expands Roller Capacity to 200 Tons per Month, Sets INR 1 Billion Revenue Target by FY29

SKP Bearing Industries Limited expanded its manufacturing capacity and outlined medium-term revenue targets in its Q3 and nine-month FY26 investor presentation. The company is scaling up roller production, increasing installed capacities across plants, and targeting standalone India revenue of INR 1 billion by FY29. Plant 2, which specialises in rollers, is expanding capacity from approximately […]

SKF India Limited reports Q3 FY2025–26 revenue of INR 5.77 billion, outlines manufacturing investment plans

SKF India Limited reported standalone revenue from operations of INR 5.77 billion for the third quarter ended 31 December 2025, reflecting a sequential increase of 16.3 percent compared with the previous quarter. The company also outlined medium-term manufacturing investment plans linked to its automotive business. SKF Automotive plans to invest between INR 4.1 billion and […]

SKF India (Industrial) to set up new manufacturing plant in Pune

SKF India (Industrial) Limited has approved the setting up of a new manufacturing plant in Pune, Maharashtra, as part of a long-term plan to improve manufacturing efficiency and expand production capacity. The decision was taken at a meeting of the company’s Board of Directors held on 03 February 2026. The project is planned to be […]

Menon Bearings advances multi-division capacity expansion as nine-month revenue and profit rise in FY26

Menon Bearings Limited reported higher consolidated revenue and profit for the nine months ended FY26 while progressing capacity expansion across its bi-metal, braking systems and aluminium die-casting operations, as part of its plan to support new orders and scale recently developed products. Consolidated revenue from operations for the nine months ended FY26 increased to INR […]

NBC Bearings enters drone technology segment with stake acquisition in Ahamani India

NBC Bearings announced its entry into the advanced drone technology segment through the acquisition of a minority stake in Ahamani EV Technology India Private Limited, expanding its presence beyond traditional motion solutions into emerging aerial technology applications. The company has acquired a 30 percent equity stake in Ahamani India for an undisclosed amount, marking a […]

Schaeffler appoints Maximilian Fiedler as Regional Chief Executive Officer Asia Pacific

Schaeffler AG has appointed Maximilian Fiedler as Regional Chief Executive Officer Asia/Pacific, effective 1 January 2026. He will also join the Executive Board of the Schaeffler Group, representing the Asia/Pacific region. The appointment formalises a leadership transition that has been underway since mid-2025 and is intended to ensure continuity in the company’s regional management. Fiedler […]