NRB Bearing Limited — Updates, 27-04-2025: Press Release

NRB Bearings has announced a significant capacity expansion plan with an investment of ₹200 crore to enhance its manufacturing capabilities and support its growing business for major European automotive clients. This expansion is in response to a lifetime nominated business pipeline of ₹600 crore from Tier 1 customers like BMW, Stellantis, and Renault, specifically for next-generation vehicle platforms including electric and hybrid models.

The company is investing in upgrading its production capacities for various bearing types, which will include enhancements in heat treatment and infrastructure to increase efficiency. Additionally, NRB has secured an extra ₹12 crore in lifetime business for E-Drive platforms, building on an existing commitment of ₹400 crore for these supply contracts through 2030. This strategic move aims to solidify NRB's position as a key supplier to leading European automotive manufacturers, reflecting a positive outlook in the evolving automotive sector.