- Business
- NRB Bearings Limited, founded in 1965 and headquartered in Mumbai, India, manufactures and sells a comprehensive range of high-precision ball and roller bearings, including needle roller bearings, cylindrical roller bearings, drawn cup needle and cylindrical bearings, tapered and spherical roller bearings, thrust and combined bearings, special ball bearings, rocker-arm bearings, full-complement needle bearings, polyamide and steel needle cages, planetary shafts, crank pins, and other custom friction solutions for automotive and industrial applications; the company serves original equipment manufacturers in two- and three-wheelers, passenger vehicles, trucks, commercial vehicles, tractors, agriculture, off-highway construction equipment, defense, and aftermarket segments, with key customers such as Hero MotoCorp, Honda, TVS, Maruti Suzuki, Mahindra, Daimler, Volvo, Renault, Stellantis, and JCB, and exports to over 45 countries including the United States, Germany, Sweden, Thailand, and Australia through manufacturing facilities in India and Thailand, as well as subsidiaries SNL Bearings Limited, NRB Bearings (Thailand) Limited, NRB Bearings Europe GmbH, and NRB US Inc. NRB maintains eight manufacturing plants across India, including facilities in Thane, Aurangabad, Waluj, and Jalna, and a 40,000 sq ft world-class R&D center in Turbhe, Navi Mumbai, with over 70 engineers focused on application engineering, CAE, prototyping, testing, light-weighting, noise reduction, and EV/hybrid innovations. Recent developments include a Rs 200 crore investment announced in 2025 for manufacturing and R&D expansion targeting EV, hybrid, and ICE platforms; a joint venture in December 2025 with Italy's Unitec Group (Mondial Group) to produce cylindrical roller bearings at a new LEED-certified plant in Hyderabad, with Unitec providing technology and off-take for 20% output; acquisition of a 99% stake in Sahney Bearings Private Limited in October 2025 for Rs 1 lakh to enter new auto components opportunities; and strategic acquisitions of NRB Thailand and marketing subsidiaries by NRB Holdings in 2023, alongside a new industrial sector strategy unveiled in 2025.