Engineering Industries Ltd (NEI), part of the CK Birla Group, launched ‘needle
bearing’ as a part of its comprehensive range of bearings at Auto Expo
Components 2020 in New Delhi. To be manufactured with the help of NTN
Corporation’s licensed technology, this demand driven product is used
extensively by the domestic and international two wheelers and four wheelers
OEMs, and for industrial applications.
also announced an investment of Rs 100
crore over the next three years towards manufacturing of various forms of
needle bearings solutions- shell bearings, weld cage roller assembly and turned
cage roller assembly.
Saboo, President & CEO, National Engineering Industries Ltd said,
“Following the recent acquisition of Europe based Kinex Bearings, we are
focussed on delivering on our operational goals and expanding our customer
base.NEI continues to manufacture best in class technologically advanced
products keeping in mind the current industry 4.0.The expansion of our product
portfolio with the launch of needle bearings and plan to manufacture other
products is part of NEI’s customer centricity and our deep understanding of the
bearings are smaller than general bearings and are known for their greater load
carrying capacity. This advantage allows compact designs and is useful for
applications which require smaller inertial force such as in an engine
showcased their technology advanced product range at the Auto Expo components
comprising smart bearings, BS VI ready bearings and bearings for EVs. Last month, NEI acquired Kinex bearings
through its wholly owned European subsidiary. Kinex Bearings is an
international bearing manufacturer headquartered in Slovakia with an annual
turnover of about 60 million Euro.
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