Timken India Invests ₹1.20 Billion to Enhance Jamshedpur Capacity

Timken India Ltd is investing approximately ₹1.20 billion to enhance its manufacturing capacity at the Jamshedpur plant. This strategic move aims to boost production capabilities and meet growing demand in the rail and industrial sectors. Timken has been expanding its operations, including a recent ₹600 crore investment in a new Bharuch facility for spherical and cylindrical roller bearings. The company continues to focus on localization and export opportunities, leveraging its strong market presence in India.

 

Sources: BSE, Business Standard, CNBC TV18