NRB Bearings Approves Rs 2 Bn Expansion to Support European OEMs
ECONOMY & POLICY

NRB Bearings Approves Rs 2 Bn Expansion to Support European OEMs

NRB Bearings Limited has approved a Rs 2 billion capacity expansion plan to support its growing pipeline of lifetime nominated business worth Rs 6 billion from leading European Tier one customers. This expansion will serve BMW, Stellantis, and Renault across their next-generation platforms, covering electric vehicles, hybrids, and internal combustion engine models.

The company, nominated by Magna and other European customers, has co-developed advanced bearing solutions for these future platforms. To meet rising demand, NRB will invest over the next two years in expanding manufacturing capacities and upgrading research and development. Investments will focus on Cylindrical Roller Bearings, Needle Roller Bearings, Thrust and Combination Bearings, and Taper Roller Bearings, alongside enhancements in heat treatment and infrastructure.

Additionally, NRB Bearings has secured incremental lifetime business worth Rs 120 million for next-generation E-Drive platforms, extending its strong presence in the electric and hybrid vehicle sectors. This builds on Rs four billion of existing nominated business for E-Drive platforms, with supply commitments until 2030.

This strategic move strengthens NRB’s position as a key supplier of high-precision bearing solutions for European automotive manufacturers and reinforces its role in supporting the evolving mobility sector.

Source: Equity Bulls

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

NRB Bearings Limited has approved a Rs 2 billion capacity expansion plan to support its growing pipeline of lifetime nominated business worth Rs 6 billion from leading European Tier one customers. This expansion will serve BMW, Stellantis, and Renault across their next-generation platforms, covering electric vehicles, hybrids, and internal combustion engine models.The company, nominated by Magna and other European customers, has co-developed advanced bearing solutions for these future platforms. To meet rising demand, NRB will invest over the next two years in expanding manufacturing capacities and upgrading research and development. Investments will focus on Cylindrical Roller Bearings, Needle Roller Bearings, Thrust and Combination Bearings, and Taper Roller Bearings, alongside enhancements in heat treatment and infrastructure.Additionally, NRB Bearings has secured incremental lifetime business worth Rs 120 million for next-generation E-Drive platforms, extending its strong presence in the electric and hybrid vehicle sectors. This builds on Rs four billion of existing nominated business for E-Drive platforms, with supply commitments until 2030.This strategic move strengthens NRB’s position as a key supplier of high-precision bearing solutions for European automotive manufacturers and reinforces its role in supporting the evolving mobility sector.Source: Equity Bulls

Next Story
Infrastructure Transport

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Next Story
Infrastructure Energy

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Next Story
Infrastructure Transport

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?