Timken India to start making CRBs, SRBs locally at Bharuch

21 Nov 2022 CW Team

Timken India plans to set up a new facility at Bharuch in Gujarat to manufacture spherical roller bearings (SRBs), cylindrical roller bearings (CRBs) and other components.

“Financing of the capital expenditure will be done through internal accruals. Commercial production is expected to start in January 2025. The manufacturing facility in Bharuch will mainly produce tapered roller bearings (TRBs) and its components; another new plant in the same factory will produce SRBs, CRBs and its components, increasing the company’s manufacturing capacity,” the management said.

The SRBs and CRBs will be used in heavy-duty and medium-speed industrial applications such as wind turbines, gearboxes, and mining and construction equipment.

Timken is working at maximum capacity utilisation in India. The company currently does not manufacture SRBs and CRBs in the country, but imports them from Timken Group companies worldwide for sale in India.

“The company has launched a series of spin-off plans at the start of the new financial year, and the industrial market and customer demand are expected to remain strong. The government’s commitment to ‘Atmanirbhar Bharat’ and budget allocation for infrastructure will encourage bearing manufacturers to increase their local production capabilities manufacturing capacity,” the company added.

Real Estate

26 Jun 2026

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..