STOCKWATCH
·
Abrasives & Bearings
Investment27 Apr 2025, 09:04 pm

NRB Bearings Announces INR 200 Crore Capacity Expansion to Support Major European OEM Programs

AI Summary

NRB Bearings Limited, a pioneer in needle roller bearings and a key player across mobility solutions, has approved a significant capacity expansion plan of INR 600 crore. This expansion is aimed at supporting BMW, Stellantis, and Renault across their next-generation vehicle platforms, including EVs, Hybrids, and ICE models. The company will invest approximately INR 200 crore over the next two years in expanding and upgrading its manufacturing capabilities and R&D. The capex will be directed toward enhancing capacities for Cylindrical Roller Bearings, Needle Roller Bearings, Thrust and Combination Bearings and Taper Roller Bearings. The investment will also cover upgrades in heat treatment capabilities, infrastructure development, and downstream integration to improve efficiency and scalability. The company has also secured additional lifetime business worth INR 12 crore for the next-generation E-Drive platforms of premium all-electric vehicles from BMW, Stellantis, Renault, and Mercedes-Benz.

Key Highlights

  • NRB Bearings announces a capacity expansion of INR 600 crore to support major European OEM programs.
  • The expansion will support BMW, Stellantis, and Renault across their next-generation vehicle platforms, including EVs, Hybrids, and ICE models.
  • The company will invest approximately INR 200 crore over the next two years in expanding and upgrading its manufacturing capabilities and R&D.
  • The capex will enhance capacities for various types of bearings and upgrade heat treatment capabilities, infrastructure, and downstream integration.
  • NRB Bearings secures additional lifetime business worth INR 12 crore for the next-generation E-Drive platforms of premium all-electric vehicles from BMW, Stellantis, Renault, and Mercedes-Benz.
NRBBEARING
Abrasives & Bearings
NRB BEARINGS LTD.

Price Impact