Business Description

National Engineering Industries Ltd. (NEI), part of USD $2.4 billion diversified CK Birla Group and Amsted Seals today announced a joint venture (JV) to manufacture railway bearing seals in India. Amsted Seals is a global leader in bearing seal solutions and cutting-edge metal fabrication. With an installed capacity of two million seals per year, the company will be supplying products in India as well as to international markets. The JV will be a big step toward supporting the vision of a self-reliant India to set up best-in-class manufacturing infrastructure in the country.

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