Business Standard

Thursday, January 09, 2025 | 10:22 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Raymond Commissions New Ring Plus Aqua plant in Sinnar

Image

Capital Market
Ring Plus Aqua, a subsidiary of Raymond, announced the opening of its third manufacturing facility at Sinnar. In addition to the two existing plants located at the Sinnar Taluka Co-operative Industrial Estate (STICE), this plant will produce starter ring gears, transmission flex-plates and integral shaft water pump bearings. RPAL is a major supplier to OEM's like BMW, Ford, Maruti-Suzuki, Hyundai, Honda, Tata Motors, Mahindra & Mahindra, Cummins, VECV, Caterpillar, Fiat etc.

The new facility, built with the state of art technology with a focus on improving safety practices, energy efficiency and environmental friendly processes, will have a capacity of 2 million ring bearings per annum. With the effective concept of single piece product-line, the RPAL manufacturing capacity at Sinnar will be boosted to 8.2 million pieces of ring bearings per annum and will continue to cater to the global industrial and automotive markets.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 31 2019 | 4:57 PM IST

Explore News