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FAG Bearings plans to move into roler tapers

Our Bureau

CHENNAI, July 6

THE Baroda-based FAG Bearings India Ltd proposes to diversify into roller taper bearings. If the company decides to set up a greenfield plant for the manufacturing this type of bearings, it would have to invest at least Rs 50 crore, Mr John Varghese, Gen eral Manager (Marketing) of the company, has said here.

Mr Varghese said that the testing facilities, which called for half the investment in a bearing plant, were critical for maintaining quality. This weighs the scales in favour of putting up a plant at Baroda, as the company would make use of the existing testing facilities it has there.

The other option before the company is to acquire a bearings unit.

``In the range of bearings we manufacture, the company has a 23 per cent market share,'' Mr Varghese said.

The company, a subsidiary of FAG of Germany, has been in India since 1963. He said that the parent company in Germany had just set up a vibration monitoring centre.

Any customer of FAG anywhere in the world could link up to the centre and test the health of the bearings. The centre at Germany would be able to tell the customer details such as what if anything is wrong with the bearing and when he would need to repla ce it.