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NRB Bearings Inaugurates Pantnagar Manufacturing Facility

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NRB Bearings Inaugurates Pantnagar Manufacturing Facility

The modern manufacturing facility which was completed in a record time of 8 months was inaugurated by Ms. Harshbeena Zaveri, President of the company at a ceremony which was attended by the company's important customers including Tata Motors, Bajaj Auto, and senior officials from SIDCUL

Mumbai, May 8, 2008: NRB Bearings Limited, manufacturers of the widest range of bearings and automotive components today inaugurated its new manufacturing facility at Pantnagar, Uttarakhand.

The modern manufacturing facility which was completed in a record time of 8 months was inaugurated by Ms. Harshbeena Zaveri, President of the company at a ceremony which was attended by the company's important customers including Tata Motors, Bajaj Auto, and senior officials from SIDCUL. The occasion was graced by Mr. Tilak Raj Behar, the Ex Minister & sitting MLA of Rudrapur (U.S. Nagar).

Mr.Tilak Raj Behar congratulated NRB Bearings for its first venture in Uttarakhand and wished it all success; he hoped that it would be amongst the most important plants of the company in the coming years.

Ms. Harshbeena Zaveri, President of NRB Bearings Ltd., said "This plant at Pantnagar is part of our strategy to be located in close proximity to our customers and continually strive to be the most preferred bearing supplier to all our important customers.

With an initial investment of Rs. 25 crores, the facility will manufacture Ball & Roller Bearings for the domestic market. The facility spread over 2,17,525 square feet, will have a capacity of producing over 22 million Ball & Roller Bearings over the next 3 years.

About NRB Bearings Limited:

NRB Bearings is a leading manufacturer of the widest range of bearings in India. The product range includes Needle Roller Bearings of all types, Cylindrical Roller Bearing, Special Tapered Roller Bearings and standard and non standard Ball Bearings for the automotive and industrial segment besides Spherical Roller Bearings and Wide Inner Ring Bearings for industrial applications.

Established in 1965, NRB pioneered the manufacture of Needle Roller bearings in India. Headquartered in Mumbai with a research and development center in Thane. NRB is a valued partner and a solution provider to original equipment manufacturers in India, and in Europe, within the automotive Sector both to the primary vehicle manufacturers as well as the Tier I and the Tier II ancillaries. For more information on NRB, please visit http://www.nrbbearings.com

For more information, please contact:

S C Rangani, Sr.V P Finance & Co. Secretary, NRB Bearings Ltd., Tel: +91-22-22664160

Sudhir Shetty, Adfactors PR, Tel: +91-22-22813565

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