Company Profile
A subsidiary of the Timken Company, Timken India Limited began mechanical bearing production in India almost thirty years ago. It currently operates cutting-edge manufacturing facilities in Jamshedpur and Bharuch to meet the needs of the regional and global bearing markets. Through a network of approved distributors, the India team works directly with big Original Equipment Manufacturer’s clients and with end users to maximize performance and reliability through design and application advice. Timken is known for its highly collaborative technical selling methodology. Timken Technology centre in Bangalore offers clients access to cutting-edge technical expertise and latest technological advancements. The first state-of-the-art manufacturing plant was established in Jamshedpur in 1987 in accordance with international standards. Timken provides fuel-efficient, equipment life-extending, and performance-enhancing friction management technologies.
Auto Anciallaries Sector in India
India holds a dominant position in the global market and is the world’s biggest producer of tractors, the second-biggest producer of buses, and the third-biggest producer of heavy vehicles. By 2026, it is projected that the Indian automotive sector, which includes component production, will generate between
Rs.16.16-18.18 trillion (USD 251.4-282.8 billion). The Indian auto industry saw a significant influx of capital from both indigenous and foreign producers. Between April 2000 and March 2023, FDI input into the sector totalled USD 34.74 billion.
Company Perspective and Review
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