Timken India Limited has announced plans to enhance its production capacity for rail bearing components at its Jamshedpur facility.
Key Details of the Expansion:
Current Operations: Manufacture of tapered roller bearings and rail bearings, including components like cups and cones.
Capacity Utilization: The existing grinding and assembly operations for cup and cone components are nearly fully utilized.
Proposed Expansion: Increase grinding and assembly capacity for cup and cone components by slightly more than 20%.
Expected Completion: Third quarter of the fiscal year 2026-27.
Investment: Approximately ₹120 crore, financed through internal accruals.
Rationale: To meet the growing demand for rail bearings in both domestic and international markets.
This strategic investment underscores Timken India’s commitment to supporting the rail industry by enhancing its production capabilities to meet increasing demand.