NEI-Amsted Seals inks bearing seals manufacturing pact

NEI-Amsted Seals inks bearing seals manufacturing pact
National Engineering Industries Ltd., part of the diversified CK Birla Group, has entered into a joint venture with Amsted Seals to manufacture railway bearing seals in India. Amsted Seals which is into offering sealing solutions and metal fabrication, with an installed capacity of two million seals per annum, will be supplying products in India as well as to international markets.

Rohit Saboo, Director of NBC-Brenco and President and CEO of NEI, informed that the JV will be a big step towards supporting the vision of self-reliant India to set up best-in-class manufacturing infrastructure in the country. NEI and Amsted Seals will blend their diverse expertise and experience to develop a Greenfield project located in Solitaire Industrial Park Bagru, at Jaipur in Rajasthan. The site is spread across 2350 square metres and will host best-in-class manufacturing techniques and equipment. The JV entity will market its products with the brand name NBC-Brenco and also plans to add automotive seals and products with metal fabrication in the future.

The joint venture with Amsted Seals is a significant step towards diversifying the product range and offering complementary products to the customers in railways around the world. The company requires a long association with Amsted Rail and this joint venture is a testament to synergy in our long-standing relationship.

Michael Carter, Director of NBC-Brenco and President of Amsted Rail Company, informed that they are looking forward to developing localized India seal manufacturing capabilities with its long-time partner NEI and that the newly built seal facility in Jaipur will be state-of-the-art with the ability to serve both the domestic India market, as well as the world rail seal market. With the commitment to provide sustainable solutions for its stakeholders and the communities they operate in, NBC-Brenco will be a zero-discharge facility that will be contributing towards building a greener economy.
📅 Published on: 16 April 2021
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