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History of ABC Bearings Ltd.

The Comp. was incorporated on 30th May, 1961 at Bombay.

It manufactures ball thrust, roller & taper roller bearings.

There was a labour problem at the Lonavala Plant culminating into �a lockout for about two months. The factory resumed operations by end of December, 1983.

Operations at the Bharuch factory also suffered due to communal disturbances & the consequent heavy absenteeism.

In spite of these adverse factors, the Comp. was able to maintain its production at the previous year level.

In 1989-90, orders were placed for both imported & indigenous plant & machinery.

The Comp. entered into a technical collaboration agreement with Steyl Dainter Punch A.G., Austria.

Mipco Seiko Bearings Ltd., is a wholly owned subsidiary of Company

2002-D Malla Reddy resigns as Comp. Secretary of Antifriction Bearings

2007

-ABC Bearings Ltd has signed an agreement with NSK Ltd, Japan, on March 06, 2007, to form a Joint Venture Comp. to manufacture bearings for automotive industry, targeting mainly Japanese & other transplant customers.