Indian bearings industry was worth US$33 billion in 2005, a CAGR of 19.78% between 2003 and 2005. While currently the domestic industry caters to 70% of the demand, balance 30% is met through imports.A number of global bearing manufacturers have established their units in India through joint ventures or 100% ownership and more are expected to follow suit.
SCOPE OF THE REPORT The report on Indian Bearings covers Bearings industry overview along with the major market trends and investment oppurtunities. - An unbiased and frank assessment of Indian & Global Bearings industry overview. - Examining the growth drivers in the end – user industry and assessing the Export Potential in Bearings Industry. - Projects Issues & challenges like fragmentation in the industry, increase in raw material prices etc. - Examining critical success factors in the bearings industry. - Profiling major players in Bearings industry with company, operating, financial and management strategy details. - It presents a future outlook of Indian Bearings industry.