RMP Bearings was one of the largest bearings manufacturers to have participated at the ACMA Automechanika New Delhi. When we got in touch with Mr. Miten Makwana, Director – Operations, RMP Bearings, to know more about their communication at the show and plans for the near future, he said: “We are leveraging the platform to communicate our quality products as per the European standards on back of our state-of-the art manufacturing capacity hosting necessary grinding machines and presses from Germany. We have been able to launch steering shafts for Tata Motors, Ace, Iris, Magic on sheet metal yokes. The one’s in the market are the forged tubes, although the OEMs have been using the sheet metal yokes, we are bringing it to the auto aftermarket.”
The company also has a major focus on two-wheeler market for OEM as well as aftermarket replacement, along with steering races & cages. “We have grown ourselves into two-wheelers segment and had a positive response to our steering cages and races by all the major two-wheeler OEMs. In fact, our business has seen a growth of 60 per cent since 2015 after we increased our focus on two-wheeler bearings,” expressed Mr. Makwana.
The company has made significant investments in strengthening its manufacturing capacities. “We have recently invested around 2.5 million dollars to bring progressive Taiwanese presses for tooling and that alone can enable us to produce 35 pieces per minute, which means we produce approximately 2.8 million pieces per annum. Giving the quality approved by the OEMs will help us grow as a quality supplier,” he affirmed.
Good productivity and superlative quality have helped RMP found strong footing in the competitive bearings segment, not only in India but globally. The company is also looking forward to make most of the domestic and exports aftermarket opportunities. “At present, we have 270 distributors in India and 8 distributors globally. The current set-up, helped us clock an overall growth rate of 33 per cent, out of which aftermarket grew by 58 per cent domestically and 22 per cent from exports. In 19-20 we believe it would be much more than this, as much as that we could take our exports growth percentage to 40 per cent,” predicted Mr. Makwana.