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NRB Bearings has formed a joint venture with Italy's Unitec Group to set up a LEED-certified cylindrical roller bearing manufacturing facility in Uppal, Hyderabad, India. NRB will hold at least 75% stake, and Unitec will provide technical expertise and buy back 20% of production.
“This joint venture marks a strategic step in the expansion of NRB's industrial CRB portfolio.”manufacturing.economictimes.indiatimes.com
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