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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鈥檚 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.
There is scope for localisation of parts as some of the bearings are still imported
Rangababu Ch, Segment Leader Heavy Industry, SKF