Over the three decades of our existence, NRB has achieved several milestones. The company has broad based its product range to include apart from Needle roller bearings, spherical roller, ball, tapered roller and cylindrical roller bearings.

We entered into an agreement with SRF Ltd and its associates to acquire their entire shareholding of 45.78% in Shriram Needle Bearing Industries Ltd. The entire shareholding of the erstwhile promoters of 16,53,493 equity of Rs 10 each in SNBL was purchased at a price of Rs 5 per share. This has enabled us as a Group to:

- consolidate our position in the Needle Bearings segment in India
- increase capacity for the production of Needle Bearing products without any gestation period for the domestic and export market
- strengthen our geographical reach with easier access to the northern and eastern India markets
- access a wider range of products and markets

Combined with our plant locations in the Western and Southern regions, the SNL plant at Ranchi has boosted operations and will help to service our customers better in the Northern and Eastern regions.

The synergy between the two corporates, will lead to tremendous opportunities for both companies to benefit mutually from their combined strengths.

With the Joint effort of the managements of NRB & SNL the company is under re-structuring its operations and showed profits for the financial year ended 05-06. As a part of the Growth plan SNL was also ISO / TS 16949 certified in July 2006.

At NRB we have always benchmarked ourselves against the best companies globally.

Improvement is a continuos process at NRB  the major thrust areas being product quality and customer service . We have successfully implemented a systems-oriented approach throughout the organization.

TUV SUD Management Service (Gmbh), the internationally acclaimed certification body , have assessed our Quality system and awarded    ISO 9001: 2000  Corporate Certification  to  our corporate office and our plants in Aurangabad  ,  Hyderabad ,  Jalna Thane  &   Waluj.

 In line with its ENVIRONMENT  & SAFETY policy NRB got  itself certified by TUV SUD Management Service (Gmbh), for

• OHSAS 18001 : 1999 ( Occupational Health & Safety Management Systems - specification) : certificates 1 & 2 attached
• ISO 14001 : 2004 ( Environmental Management Systems) certificates 1 & 2 attached.
  

NRB-THE FUTURE: LOOKING AHEAD - THE NEXT 2 YEARS

1) Current Sales Turnover (2006 - 2007 )- 303  crores, estimate  335 crores (2007 -2008 )
2) Continuous improvement programme in place leading to improved operating efficiencies.
3) Focus on new product development.
4) Exports growing at exponential rate for past two years.
5) Industrial OEM business to be substantially increased.

1. Automotive sector including auto ancillaries

1) Commitment of significant resources towards R&D to ensure continuous product upgradation.
2) Ongoing investment for a state-of-the-art Centre for technological innovation.

2. Export

1) Sales turnover for 2006 - 2007 : 26 crores,
    Estimate for 2007 - 2008 :  35 crores.
2) Share of Exports to comprise 10% of total sales by 2006 - 07
3) Growth targetted  through  OEM  Focus.

3. Intensive penetration of replacement market

1) Increased focus on market development.
2) Rapid expansion of dealer reach.
3) Focus on semi-urban and rural markets.
4) Countrywide warehouse plan.

4. Industrial segment

1) Sales from this segment to increase substantially.Cellular Manufacturing to cater to this high margin - low volume segment.