ARB Bearings in expansion mode, launches new bearings
- ARB Bearings
Delhi-based ARB Bearings is in expansion mode. The company, which is a key supplier to farm equipment manufacturers, is now eyeing the passenger car and heavy commercial vehicle (HCV) segments. Talking to Autocar Professional, G S Bhasin, DGM (sales and marketing), ARB Bearings, said, “The company has invested in setting up two new manufacturing plants in Kundli, Haryana over the past two years. They will manufacture bearings suitable for cars and HCVs. This is our basic growth strategy for the near future.”
At the recent Auto Expo, the company displayed its new double row taper roller wheel hub bearing. The double row taper roller wheel hub bearing is suitable for HCVs such as buses, trucks and trailers. Also showcased were four-row cylindrical roller bearings which at present, according to Surinder Goel, president, ARB Bearings, are largely imported into India. “Our four-row cylindrical roller bearings can substitute the imported stock without any compromise on the quality and performance fronts,” he said.
ARB company officials expect a 15 percent growth in 2013-14 and should help the company touch the Rs 125 crore mark. The operations of this bearing manufacturer span across OEM-supplies, domestic aftermarket and the export market. ARB’s domestic dealer network includes 400 distributors and 5,000 retail touchpoints, while the company currently exports to 40 countries.