FAG Bearings India

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FAG Bearings India is one of the top players in the bearing industry in India. It is a member company of FAG group of Germany, which is well known worldwide for its host of quality bearings conforming to the international standards. It was set up in the year 1962 as a Precision Bearings India Limited.

However, later the company was renamed as FAG Bearings India Limited. The company's plant is seated in Vadodara, a city in Gujarat.

FAG being a product-oriented firm, uses the advanced technology to manufacture bearings and believes in the ‘continuous improvement process’ or CIP, which is a culture in the company. The program CIP for Production was introduced in the year 1998 to allow its employees the freedom to think, create and apply new ideas. Later, the company also initiated the programs CIP for Sales in 1999 and CIP for Service around 2000.

The company is a leader in OEM supplier to mechanical, electrical engineering and automotive industries. It is certified to ISO/TS 16949, ISO 9001, and ISO 14001 standards. FAG Bearings India manufactures a host of products, which include application products as well as technical services. Some of the products of FAG India company are:
  • Four Point Ball Bearings
  • Self Aligning Ball Bearings
  • Cylindrical Roller Bearings
  • Deep Groove Ball Bearings
  • Tapered Roller Bearings
  • Spherical Roller Bearings
  • Auxiliary Motors, Traction Motors, Suspension, Axle Boxes, Transmission (railways)

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)495
IndustryBearings
Turnover1190.72
Profit after Tax(PAT)152.79
MCAP (Market Capitalization)2043.29
Assets573.46


The tapered roller bearings are the 1st indigenously produced product by the FAG India in the market, which was introduced in April 2002. The bearings were jointly produced by FAG India and FAG Roller Bearings Pvt. Ltd., located at Chakan, Pune.

The list of popular clients of FAG Bearings India include Indian Railways such as ICF, DLW, Zonal Railways, CLW, DCW and RCF. It also includes thermal power plants such as BHEL and NTPC; steel plants and rolling mills, which include Flat products, SAIL and Mukand Iron; Transmission products like Greaves Cotton and Kirloskar Pneumatic; machinery industries like LALW, Textools, HMT and LMW.

Automotive companies including FIAT India, General Motors, Ashok Leyland, Bajaj Auto, Eicher Tractors, Hyundai India, Kinetic Motors, Mahindra and Mahindra, Yamaha Motors, Ford India and John Deere are its famous customers. Besides, electric fan companies such as Crompton, Usha and Polar are also its customers. Prime Movers, which include ABB, Siemens, NGEF, Bharat Bijlee, and Kirloskar Electricals are also part of its popular clientèle list.

Address of FAG Bearings India:
FAG Bearings India Limited
Maneja
Vadodara – 390013

Last Updated on 1/4/2012

Alphabetical List of Indian Companies