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Maximising Uptime
India bearings market is projected to reach $6714.8 million by 2032, growing at a CAGR of 13.5 per cent from 2024 to 2032.
Enhancing efficiency
India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.
An evening to cherish
The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.
Sanjay Koul of CMD, Timken: Govt programmes will have direct impact on demand for bearings
Sanjay Koul, Chairman and Managing Director, Timken India, speaks on the latest trends in bearings for construction equipment (CE) applications, and emerging technology trends.
We Will Continue to Expand Our Capacities in the Next 3-5 Years
By delivering high-precision bearing solutions and systems for a large number of industrial applications, the Schaeffler Group is shaping "Mobility for tomorrow" to a significant degree.
We plan to invest Close ?40 million in India
Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.
Rolling innovations
Bearings for construction and mining applications have seen innovative developments in the recent times. With the construction and mining equipment market is growing, the momentum of innovation in bearings is to pick up in the coming days.
We expect a business growth of 15-20 per cent in 5 years
AKSH has a vision to become the leading Indian manufacturer of slew ring bearings with world-class engineering and product quality. Pratik Gokhale, Director - Sales and Marketing, AKSH Manufacturing Pvt Ltd, elaborates on the company's presence in the market and future plans.
Facilitating efficiency
Bearings fulfill a number of important functions, starting with their ability to reduce friction. Other primary functions include supporting a load, promoting the efficient transmission of power and ensuring alignment is maintained.
A Smooth Rollout?
Emerging markets with infrastructure needs continue to accelerate the growth of construction equipment manufacturing, which in-turn drives the bearing market in construction segment.
?Bearings? for Long Life
India is set to be one of the biggest manufacturing hubs in the world, within the next few years. What does this entail for the bearing industry? Will ?Make in India? campaign boost the industry? According to Hrishikesh Kulkarni, Business Head - Drives and Off-highway, Industrial Market, SKF India the government?s call for ?Make In India? has sent out positive cues to the global manufacturing community.
Bearings for Smooth and Durable Functioning
Not as interesting or inspiring as a tiny transistor in an electronic circuit, a bearing is as important as a transistor when it comes to the smooth functioning of a machine.