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Harsha Engineers enters into agreement with leading multinational bearing company

06 Dec 2024 Evaluate

Harsha Engineers International has entered into a long term agreement with a leading multinational bearing company for manufacture and supply of bearing cage products in accordance with terms and conditions stipulated in Agreement effective December 5, 2024. Agreement is for an initial period of 6 years. Broad consideration or size of the order is estimated at Euro 6 million to Euro 10 million per annum.

Harsha Engineers International is the largest manufacturer of precision bearing cages, in terms of revenue, in organised sector in India, and amongst the leading manufacturers of precision bearing cages in the world. It offers diversified suite of precision engineering products across geographies and end-user industries.


Peers
Company Name CMP
Bharat Heavy Elect. 412.00
Thermax 3386.25
Kirloskar Industries 3533.55
Skipper 535.70
INDO-MIM 1227.05
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