NRB Bearings Subsidiary Acquires Mahant Tool Room

NRB Bearings Limited announced that its wholly owned subsidiary, Mahant Tool Room Private Limited (MTRPL), has completed the acquisition of the business of Mahant Tool Room (MTR). This strategic move expands NRB's capabilities into the high-precision global aerospace and defence sectors, targeting a market estimated between $14.5 billion to $16.5 billion. The acquisition accelerates NRB's growth vision, aiming to double consolidated revenue by 2031. MTRPL has also secured the AS9100D Certification, the gold standard for aviation manufacturing excellence, further solidifying its position in the aerospace and defence industries.