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The eBearing News
December 23, 2004
ABC Bearings Plans Export Growth
copyright © 2004 eBearing Inc.
ABC Bearings Ltd. (formerly Antifriction Bearings Corp., India) became the latest bearing
manufacturer in India to announce plans to grow sales by aggressively stepping up export activities.
As one of India's key manufacturers of automotive-size tapered roller and
cylindrical roller bearings, ABC
has a large domestic OEM market share to companies such as Toyota. But exports currently
account for only 3% of sales, virtually all of that to North America.
In 2001, ABC Bearings decided to focus its efforts on roller bearings rather than compete
in the ball bearing market against FAG and SKF. ABC sold
its ball bearing manufacturing plant to Tata Bearings.
• article: ABC sells ball bearing manufacturing plant to Tata Bearings
ABC operates two bearing manufacturing plants, in Lonavala and Bharuch.
Leveraging the technical relationship it established with NSK Ltd. (Japan) in 1998, ABC said it hopes to
double export sales by targeting the growing auto manufacturing industry operations
in Thailand, where NSK has a manufacturing joint venture.
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- by Bruce A. Carr
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Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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