NRB Bearings sees non-auto revenue rising

Newswire

MUMBAI, Aug 23 (Reuters) - NRB Bearings Ltd. expects its non-automotive business to make up a quarter of its revenue by 2010 as it looks to diversify its auto-heavy portfolio, a senior official said on Thursday. The company now gets under a tenth of its revenue from non-auto applications such as switch gears, bearings for all-terrain vehicles, machinery and consumer durables, NRB's president Harshbeena S. Zaveri said on the sidelines of a conference. "We believe in a philosophy of ...

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