SGO, an oilless bearing manufacturer in Korea, establishes a subsidiary in India as a gateway to India

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/ -- SGO, a bearing manufacturer located in Incheon, Korea, announced that it has established a local subsidiary in India last year to meet the demand for its popular bearings in the Indian bearing market. SGO has already purchased 13,000m2 of land in Chennai, India and has decided to invest more than $4.5 million to set up bearing production facilities including foundry. By the second half of this year, SGO plans to produce and supply oilless bearings and bronze bars to Indian construction equipment companies, injection molding machine manufacturers, Korean auto parts manufacturers, as well as its worldwide customers. Product Oilless Bearing Image
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First Published: Feb 26 2020 | 9:40 AM IST