Smooth ride ahead : Bearings Sector
| Growing demand in auto, railways and other industrial sectors augurs well for players in the bearings sector. |
| Bearings industry in India is expected to witness a smooth ride, on back of the growth in auto, other industrial sectors and railways. Even as the good growth in two-wheelers and light commercial vehicles (LCVs) have set the ball rolling, other sectors like engineering, steel and textiles are also expanding. |
| Outlook for the sector is bright given the increasing industrial activity. And analysts predict that dominant players like SKF, Fag Bearings, NRB Bearings (where Indian promoters recently bought out the foreign stake last week) should be big beneficiaries. |
