According to a recent report, the bearing market is peaked to grow by 10 percent in India. This is due to socio-political and economic factors that have increased industrial production and demand domestically and internationally. This growth can be attributed to a push with government policies such as 'Make in India' and 'Aatmanirbhar Bharat', which provided a stimulus to the manufacturing sector. All these factors will pave the path to growing production and manufacturing in India, which in turn will boost the bearing market.
A bearing can be described as the heart of machines, providing movement and machine health. Industrial customers today want to have better control over the life cycle of their machinery.
By regulating a bearing’s life, manufacturers can lower operational costs, increase machinery uptime and ensure smooth production cycles. To meet these requirements, customers want a superior quality product that is technologically efficient and high performing. This is where NRB Industrial Bearings comes into the picture.Focusing largely on research & development and innovation, NIBL provides a wide range of ball and roller bearings and works with its customers to customize products and meet their needs.
“We ensure quality with our stateof-the-art R&D centre that is certified by the DSIR of the government of India. This is important because we work with customers to design solutions to meet their needs", explains Devesh. S. Sahney, Chairman & Managing Director, NRB Industrial Bearings. “In the bearing Industry, we position ourselves as a quality manufacturer who works with the stakeholders to provide solutions. This kind of flexibility and adaptability helps us as a brand stand out among our competitors”, he adds.
The Inception
In 1965, NRB Bearings Ltd was incorporated as Needle Roller Bearing Company with a joint venture with Nadella France – the oldest needle bearing manufacturer in Europe. Later, in 1990, NRB Bearings Limited was renamed NRB Limited when it began its manufacturing of different ball and roller bearings. In 2012, NRB Industrial Bearings Ltd.
was formed after the demerger from NRB Bearings Limited and in the same year NIBL’s manufacturing plant commenced operations, manufacturing CRB, SRB, DGBB, NRB, Cam Followers, BRB & WIR Housed Units. The companywas listed on the Bombay Stock Exchange and National Stock Exchange in 2013 and the very next year it received recognition from The Indian Government’s Department of Scientific & Industrial Research for its in-house R&D unit.
NRB Industrial Bearings Ltd. has also partnered with reputed global manufacturers to supply its customers with a gamut of bearings. NIBL’s Industrial Bearings are used in a wide spectrum of industries like Machine Tool, Textile, Industrial Gearbox, Cranes & Conveyors, Cement, Mining & Minerals, Fluid Machinery (Pumps, Fans & Blowers), Harvester, Metals (Steel/Rolling Mills), Process Industry (Fertilizer, Sugar, Paper & Pulp), Bottling, Canning & Packaging, Medical (X-Ray & Imaging Equipment), Industrial Electricals (Electric Motors & Circuit Breakers), Industrial Automation and many. NIBL has always spent substantial efforts in upgrading its Product and Processes to meet the international level of quality & safety standards and getting the same validated from reputed external agencies.
“These efforts finally have resulted in increasing credibility and customer confidence in our brand. Today NRB Industrial Bearings Ltd. is seen as the best quality, consistent and reliable brand in the bearing industry”, explains Devesh.
The Journey Ahead
“We plan to focus on Research and development and customer reach. We further plan to expand our reach in India by expanding our distribution network across all densely populated industrial areas. We also aim to grow globally expanding our reach in target countries such as North America, Europe, Middle East, and APAC”, he concludes.
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