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Home » RCMME » NBC Bearings builds global trust with the ‘Made in India’ label

NBC Bearings builds global trust with the ‘Made in India’ label

By Staff Report | January 15, 2025 7:24 pm

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NBC Bearings builds global trust with the ‘Made in India’ label
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With the “Made in India” tag, NBC Bearings taps into India’s evolving manufacturing prowess to compete on the global stage, delivering top-notch bearings with a competitive edge.

What are the key features that differentiate your products in the bearings market?
Our strong focus on innovation and quality sets us apart in the bearings market. We invest heavily in advanced R&D, enabling us to create cutting-edge products like EV-specific and sensor-integrated bearings, addressing the unique needs of modern industries. Our commitment to superior quality is validated by global certifications and the prestigious Deming Grand Prize, which reflects our high standards.

We also pride ourselves on our ability to offer customisation. We work closely with our customers to co-develop solutions tailored to their applications, ensuring that the products meet their requirements. Our wide product portfolio also serves diverse sectors such as automotive, railways, industrial, and construction. Our bearings are designed with durability, energy efficiency, and high performance in mind, making them reliable for various demanding applications.

Why does the aftermarket or replacement segment prefer your products?
The aftermarket or replacement segment prefers our products primarily because of the reliability and quality that NBC Bearings is known for. Customers trust our products for their consistent performance and long lifespan, which makes them a dependable choice for replacements. We also have a robust distribution network, ensuring our products are easily accessible across various geographies, making them readily available when needed.

We design our bearings to fit various applications, ensuring seamless replacements. This attention to customisation allows our products to match diverse needs without complications. We also provide strong technical support and training to mechanics and retailers, ensuring they have the knowledge to install and maintain our bearings properly. This commitment to support enhances confidence in our products throughout the aftermarket segment.

What factors influence pricing strategies for NBC Bearings’ products in domestic and export markets?
The pricing strategies for NBC Bearings’ products, both in domestic and export markets, are influenced by several key factors. First and foremost, the cost of raw materials plays a significant role. Fluctuations in steel prices and other inputs directly impact our pricing decisions, affecting production costs.

Market demand shapes our strategy, especially in high-demand segments such as electric vehicles (EVs) and railways. We position ourselves in these competitive spaces to ensure we offer value while staying competitive. Logistics and supply chain costs are another critical factor, with domestic and international freight and warehousing costs influencing final prices.

We account for value addition when determining our pricing. Products with advanced technologies, like sensor bearings or custom-designed ones, often come at a premium, reflecting their higher technological value. Regional dynamics such as duties, taxes, and varying levels of competition in different markets play a role, leading us to adjust our pricing strategy based on the specific conditions of each domestic or export region.

How does NBC Bearings position itself against competitors in the global market?
We position ourselves globally through key strategies that set us apart. Innovation drives our approach, with significant R&D investments in technology centres in Germany and Slovakia, enabling us to develop high-speed, energy-efficient, and application-specific bearings for various industries. Sustainability is central to our strategy, as we integrate eco-friendly manufacturing and energy-efficient designs while advancing our Environmental, Social, and Governance (ESG) goals. With offices in Switzerland, Germany, and the USA, our localisation efforts strengthen global engagement and reduce lead times. Strategic alliances with industry leaders enhance our capabilities, allowing us to co-develop advanced bearing solutions tailored to customer needs and positioning NBC Bearings as a trusted global player.

What role does the “Made in India” tag play in your branding for international markets?
The “Made in India” tag plays a significant role in our branding for international markets. It reflects NBC Bearings’ commitment to delivering high-quality, innovative, and cost-competitive products. It positions us as a reliable supplier capable of offering world-class products while benefiting from India’s robust and evolving manufacturing ecosystem.

India’s growing reputation as a global manufacturing hub enhances NBC’s appeal. International customers recognise the advantages of partnering with a company that embodies the strengths of Indian manufacturing. This association reinforces our credibility and strengthens our ability to compete effectively in global markets.

What initiatives are in place to educate customers on NBC’s advanced bearings, such as sensor-integrated or EV-specific models?
We educate customers on our advanced products through various initiatives. We conduct technical seminars and webinars for OEMs, distributors, and mechanics, demonstrating product applications and benefits. We showcase our technologies at trade shows like Bauma Conexpo and IAA with interactive demos. Additionally, we provide digital resources like videos and brochures to highlight product features and installation techniques. We also collaborate with customers to test and integrate advanced bearings into their specific applications, ensuring they are well-informed and confident using our solutions.

For more information, visit: https://www.nbcbearings.com/

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