About Timken India Ltd
Timken India Ltd. is a prominent manufacturer and distributor of anti-friction bearings. It primarily produces tapered roller bearings, other roller bearings, components, accessories, and mechanical power transmission products. The company also provides maintenance contracts and refurbishment services. Timken India operates in the bearings sector. They cater to a diverse customer base across various industries, including automotive and railway.
Timken India Ltd. falls under the bearings sector. The company was established in 1987 as Tata Timken Limited. It is a joint venture between The Timken Company and Tata Iron and Steel Company (TISCO). These companies are the world leader in bearings. Timken India commenced commercial production at its Jamshedpur plant in March 1992. In 1999, Tata Timken was renamed Timken India Ltd. by acquiring Tata Iron and Steel Company’s 40% stake.
The headquarters of Timken India Ltd. is located in Bangalore, Karnataka, India. The company is promoted by The Timken Company, with Timken Singapore Pte Ltd. holding a significant stake.
Timken India's main products include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, precision bearings, thrust bearings, and ball bearings. The company also offers mechanical power transmission products such as gearboxes, encoders, belts, couplings, and chains. Additionally, Timken India provides industrial services. This includes bearing repair and related mechanical power transmission services.
Timken India Ltd. is a significant player in the bearings sector, with a high market capitalization. The company is recognized for its innovative solutions and commitment to quality, making it a major player in the industry.
The promoter shareholding in Timken India Ltd. stands at 51.05%, which is entirely owned by Timken Singapore Pte Ltd. This indicates strong promoter commitment to the business.
The registered office of Timken India Ltd. is located at 39-42, Electronic City, Phase II, Hosur Road, Bangalore - 560100, Karnataka, India. Its registrar & transfer agent is C B Management Services Private Limited. The crucial managerial promoters of the company include:
Timken India Ltd. is a well-established bearings manufacturer in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to innovation, quality, and customer satisfaction has solidified its position as a trusted name in the bearings sector.
Strategic Business Goals
The primary strategic goal of Timken India Ltd. centers on establishing and maintaining technological leadership in the bearings and mechanical power transmission domain. By focusing on developing high-precision anti-friction bearings, the company aims to cater to diverse industrial segments. This includes automotive, railway, industrial machinery, and heavy engineering applications. The organization's objective is to provide sophisticated engineering solutions that enhance machinery performance, reduce operational friction, and improve overall mechanical efficiency.
Timken India's goal of comprehensive technological diversification is evident in its extensive product portfolio. The company strategically aims to offer a wide range of products. This offering includes spherical roller bearings, tapered roller bearings, thrust bearings, and ball bearings. This diverse product strategy enables the company to address multiple industrial requirements, creating flexible and adaptive engineering solutions that meet evolving market demands.
Innovation and Technology Development
A critical organizational goal for Timken India Ltd. is continuous technological innovation and research and development. The company seeks to invest significantly in developing cutting-edge bearing technologies. This will improve mechanical performance, reduce energy consumption, and enhance overall industrial productivity. By maintaining a strong focus on research and development, Timken aims to stay ahead of technological curves and create predictive, intelligent bearing solutions that can transform industrial machinery operations.
Market Expansion and Global Competitiveness
With a strong market capitalization, Timken India Ltd. has set ambitious goals for market expansion and global competitiveness. The company aims to strengthen its position not just in the Indian market but also in exploring international opportunities. By leveraging its strong promoter backing from The Timken Company, the organization seeks to develop strategic partnerships and establish itself as a globally recognized engineering solutions provider.
Sustainability and Operational Excellence
Another significant goal for Timken India Ltd. involves integrating sustainability into its core business strategy. The company aims to develop environmentally responsible manufacturing processes and create energy-efficient bearing solutions. This approach reflects a broader organizational commitment to sustainable industrial development. As a result, Timken is positioned as a responsible and forward-thinking engineering enterprise.
Timken India Ltd.'s goals represent a holistic approach to industrial engineering. This is because of its technological innovation, marketing strategy, sustainability, and customer-centric solutions. The company's strategic vision goes beyond mere product manufacturing, focusing on creating comprehensive engineering ecosystems that drive industrial efficiency and technological advancement. By maintaining a delicate balance between innovation and quality of product, Timken India Ltd. continues to redefine the boundaries of engineering excellence.
Timken India Ltd. falls under the bearings sector. The company was established in 1987 as Tata Timken Limited. It is a joint venture between The Timken Company and Tata Iron and Steel Company (TISCO). These companies are the world leader in bearings. Timken India commenced commercial production at its Jamshedpur plant in March 1992. In 1999, Tata Timken was renamed Timken India Ltd. by acquiring Tata Iron and Steel Company’s 40% stake.
The headquarters of Timken India Ltd. is located in Bangalore, Karnataka, India. The company is promoted by The Timken Company, with Timken Singapore Pte Ltd. holding a significant stake.
Timken India's main products include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, precision bearings, thrust bearings, and ball bearings. The company also offers mechanical power transmission products such as gearboxes, encoders, belts, couplings, and chains. Additionally, Timken India provides industrial services. This includes bearing repair and related mechanical power transmission services.
Timken India Ltd. is a significant player in the bearings sector, with a high market capitalization. The company is recognized for its innovative solutions and commitment to quality, making it a major player in the industry.
The promoter shareholding in Timken India Ltd. stands at 51.05%, which is entirely owned by Timken Singapore Pte Ltd. This indicates strong promoter commitment to the business.
The registered office of Timken India Ltd. is located at 39-42, Electronic City, Phase II, Hosur Road, Bangalore - 560100, Karnataka, India. Its registrar & transfer agent is C B Management Services Private Limited. The crucial managerial promoters of the company include:
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Sanjay Koul
-
Avishrant Keshava
-
Ajay Sood
-
Soumitra Hazra
-
Douglas Smith
Timken India Ltd. is a well-established bearings manufacturer in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to innovation, quality, and customer satisfaction has solidified its position as a trusted name in the bearings sector.
Goals of the Company
Timken India Ltd. represents a sophisticated engineering enterprise with accurately crafted organizational goals that extend far beyond traditional manufacturing objectives. Since its inception in 1987, the company has strategically positioned itself as a transformative force in the bearings and mechanical power transmission sector. This transformation is driven by their commitment to technological innovation, operational excellence, and sustainable industrial solutions.Strategic Business Goals
The primary strategic goal of Timken India Ltd. centers on establishing and maintaining technological leadership in the bearings and mechanical power transmission domain. By focusing on developing high-precision anti-friction bearings, the company aims to cater to diverse industrial segments. This includes automotive, railway, industrial machinery, and heavy engineering applications. The organization's objective is to provide sophisticated engineering solutions that enhance machinery performance, reduce operational friction, and improve overall mechanical efficiency.
Timken India's goal of comprehensive technological diversification is evident in its extensive product portfolio. The company strategically aims to offer a wide range of products. This offering includes spherical roller bearings, tapered roller bearings, thrust bearings, and ball bearings. This diverse product strategy enables the company to address multiple industrial requirements, creating flexible and adaptive engineering solutions that meet evolving market demands.
Innovation and Technology Development
A critical organizational goal for Timken India Ltd. is continuous technological innovation and research and development. The company seeks to invest significantly in developing cutting-edge bearing technologies. This will improve mechanical performance, reduce energy consumption, and enhance overall industrial productivity. By maintaining a strong focus on research and development, Timken aims to stay ahead of technological curves and create predictive, intelligent bearing solutions that can transform industrial machinery operations.
Market Expansion and Global Competitiveness
With a strong market capitalization, Timken India Ltd. has set ambitious goals for market expansion and global competitiveness. The company aims to strengthen its position not just in the Indian market but also in exploring international opportunities. By leveraging its strong promoter backing from The Timken Company, the organization seeks to develop strategic partnerships and establish itself as a globally recognized engineering solutions provider.
Sustainability and Operational Excellence
Another significant goal for Timken India Ltd. involves integrating sustainability into its core business strategy. The company aims to develop environmentally responsible manufacturing processes and create energy-efficient bearing solutions. This approach reflects a broader organizational commitment to sustainable industrial development. As a result, Timken is positioned as a responsible and forward-thinking engineering enterprise.
Timken India Ltd.'s goals represent a holistic approach to industrial engineering. This is because of its technological innovation, marketing strategy, sustainability, and customer-centric solutions. The company's strategic vision goes beyond mere product manufacturing, focusing on creating comprehensive engineering ecosystems that drive industrial efficiency and technological advancement. By maintaining a delicate balance between innovation and quality of product, Timken India Ltd. continues to redefine the boundaries of engineering excellence.
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