Harsha Engineers International’s wholly owned subsidiary -- M/s Harsha Precision Bearing Components (China) Co. (Harsha China) will undertake a brownfield expansion project at its plant situated Changshu, Jiangshu. The project is aimed at a capacity addition of 5.84 million Pieces, proposed to be added within around 2 years. The total capital expenditure required for the project is around $9.94 million, and it will be used towards infrastructure development and purchase of plant and machinery.
Harsha China has an existing capacity of 8.45 million Pieces, operating at 55.63% capacity utilization. The capacity expansion and product portfolio enhancement into the bearing cage market in China will drive revenue growth and enable Harsha China to enhance its market share in China.
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.
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