Raymond Commissions New Ring Plus Aqua plant in Sinnar

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Capital Market
Last Updated : May 31 2019 | 5:16 PM IST
Ring Plus Aqua, a subsidiary of Raymond, announced the opening of its third manufacturing facility at Sinnar. In addition to the two existing plants located at the Sinnar Taluka Co-operative Industrial Estate (STICE), this plant will produce starter ring gears, transmission flex-plates and integral shaft water pump bearings. RPAL is a major supplier to OEM's like BMW, Ford, Maruti-Suzuki, Hyundai, Honda, Tata Motors, Mahindra & Mahindra, Cummins, VECV, Caterpillar, Fiat etc.

The new facility, built with the state of art technology with a focus on improving safety practices, energy efficiency and environmental friendly processes, will have a capacity of 2 million ring bearings per annum. With the effective concept of single piece product-line, the RPAL manufacturing capacity at Sinnar will be boosted to 8.2 million pieces of ring bearings per annum and will continue to cater to the global industrial and automotive markets.

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First Published: May 31 2019 | 4:57 PM IST

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