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

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 Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?