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National Engineering, Amsted Seals announce JV to make railway parts

National Engineering, Amsted Seals announce JV to make railway parts April 09, 2021 The JV entity will start producing bearing seals next month National Engineering Industries (NEI), which is part of the $2.4-billion diversified CK Birla Group, and Amsted Seals, on Friday, announced a joint venture (JV) to manufacture railway bearing seals in India, according to a press release. The US-based Amsted Seals provides sealing solutions and metal fabrication. NEI has a 51 per cent stake while Amstead Seals has a 49 per cent stake in the joint venture, which is already making prototypes and will start production next month, Rohit Saboo, Director, NBC-Brenco, told

Railway Bearings Demand Hurt by Sluggish Railway Infrastructure Growth during Covid-19 Outbreak: Future Market Insights

Railway Bearings Demand Hurt by Sluggish Railway Infrastructure Growth during Covid-19 Outbreak: Future Market Insights Published 2 months ago Players in the railway bearings market are witnessing high demand for reliable products which can withstand harsh weather conditions. The railway bearing market is projected to display healthy growth with a CAGR of more than 5.7% in the assessment period from 2020-2030. A new FMI report has stated that the Covid-19 pandemic is expected to affect the market adversely as railway sector operations, production and maintenance has come to a halt. “Market players focus on advancements in infrastructure and need for cost-efficient solutions. Railway bearings that require minimal maintenance falls under the priority list,” states the FMI analyst.

Global Steering Column Bearings Market 2020 Comprehensive Research Methodology, Key Insights, Segments and Extensive Profiles by 2025

Global Steering Column Bearings Market 2020 Comprehensive Research Methodology, Key Insights, Segments and Extensive Profiles by 2025
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