Auto component maker National Engineering Industries Ltd (NEIL), a C K Birla group firm, is investingRs 100 crore over the next three years for producing needle roller bearing at its Jaipur facility, according to a top company official.
The company, which is entering the needle roller bearing segment with the help of NTN Corporation's licensed technology, expects sales from the vertical to be around Rs 50 crore in the next year and subsequently scale it up to Rs 100 crore.
"Now that we are entering into this needle roller bearing segment... Читать дальше...