NBC Bearings
 |
|
| Industry | Manufacturing |
|---|---|
| Founded | 1946 |
| Headquarters | Jaipur, Rajasthan, India |
|
Number of locations
|
4 (Jaipur , Newai, Manesar, Savli) |
|
Key people
|
Mr. (President & CEO Rohit Saboo ) |
| Products |
Automotive Bearings, Industrial Bearings, Railways Bearings, Axle Boxes |
|
Production output
|
100 million per annum |
| Revenue | 1352 crore (2013–14) |
|
Number of employees
|
2,700 (end 2011) |
| Website | www.nbcbearings.com |
NBC Bearings is the product of National Engineering Industries Limited (NEI), a part of the CK Birla Group, which manufactures a wide range of bearings for the automotive, industrial and railways. The company had a gross turnover of Rs 1352 crores in 2013-14. NEI manufactures bearings in about 1000 different sizes. The foreign acquisition plans are in advanced stages with the company in talks with 5-6 firms for a buyout. The acquisitions being considered are in Eastern Europe, Germany and Spain. According to Rohit Saboo, the President and CEO, the company is planning to invest $50 million in the acquisitions.
The company was founded by Mr. B M Birla in 1946 in Jaipur, Rajasthan, India.
The company has three manufacturing facilities located at Jaipur, Newai and Manesar and Savli (Vadodara). The company will be investing Rs 500 crore for expansion in existing facilities and the setting up of a fourth plant. The fourth plant at Savli, near Vadodara, is about to commence production. Apart from the bearing production the company has marked its presence in Next- Gen products for which the company has laid facilities at Durgapura, Jaipur as Taper Hub Assembly division where production of Hub Assemblies for Commercial Vehicles is done. A machine building plant at Jaipur reconditions as well as assembles specific work units. The employee strength is 2500 across three plants.
NBC’s current makes 100 million bearings annually across its four plants. NEI aims to double the production capacity in next seven years. The NBC brand commands a market share of 24% in the domestic market. Approximately 70% of NEI's sales come from original equipment manufacturers and 30% from the replacement market. The turnover approximates 60% from the auto sector (OEM and aftermarket), 30% for railway products and 10% from the low volume industrial applications. The ability to meet customers’ needs from product concept resulted in development of 60 new products in the year.
The client portfolio includes ConMet, Indian Railways, , Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Daimler AG, Bajaj Auto and Honda Motorcycle & Scooter India.Atul Auto Ltd
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