MoneyWorks4Me

Timken India to complete expansion at Raipur’s manufacturing plant

19 Jul 2013 Evaluate

Timken India aims to complete expansion at its manufacturing plant at Raipur, Chhattisgarh, by this financial year and enhanced production will start. The company has invested up to $10 million in the Raipur plant and this plant has a shop area of 33,000 sq ft spread over two acres.

The part of the US-based $5-billion Timken Company has supports servicing and repair requirements of large industrial gear boxes and offers a host of key services that address the gearbox needs of customers. It exports 25% of its production and has two other plants are in Jamshedpur and Chennai.

 

Peers
Company Name CMP
Schaeffler India 3948.75
Timken India 3300.35
SKF India 1528.60
NRB Bearings 515.05
Menon Bearings 298.00
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