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National Bearings Company Limited (NBC) was founded in Jaipur by Shri B. M. Birla in a technical collaboration with Hoffman, UK in the year 1946. It began with the production of ball bearings from the year 1950. Following a political change in the princely state of Hyderabad, the company was renamed as National Engineering Industries Limited. [3]
Its eight manufacturing facilities in India and Thailand produce needle roller bearings, cylindrical roller bearings, tapered roller bearings, special ball bearings, thrust bearings and other anti friction solutions such as planetary shafts and pins. [6] The company set up an engineering and design centre at its manufacturing unit in Thane in 2000.
SKF India, established in 1961, is the company's Indian subsidiary. [9] SKF India is publicly listed on the National Stock Exchange of India and the Bombay Stock Exchange. [10] The company has a large presence in the Indian bearing industry. As of 2021, SKF India has 3 manufacturing facilities and 12 offices across India. [9] SKF India employs ...
Toyota Motor Corp. had been the major investor in each company and is the major stockholder in JTEKT with about 24 percent. Koyo Seiko has various bearing manufacturing facilities all around the world. There are manufacturing sites in Japan, UK, Europe, China and India. Koyo is a member of World Bearing Association (WBA).
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In 1934, the company reorganized as a joint-stock company, changing its name to Toyo Bearing Manufacturing. When Japan invaded Manchuria, the demand for bearings increased due to the war, and manufacturing productivity followed suit. In 1938, Toyo created a domestic subsidiary named Showa Bearing Manufacturing Company, in Mukogun, Hyogo Prefecture.
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