Unitec, a company of Gruppo Mondial, takes a further step in its international expansion by announcing the signing of a joint venture agreement with NRB Bearings Limited. The agreement provides for the establishment of a new industrial entity in India, dedicated to the development, production, and commercialization of high-precision bearings for global markets.
This initiative is fully aligned with Gruppo Mondial’s growth strategy and represents a key milestone in strengthening Unitec’s manufacturing footprint within one of the world’s most dynamic and promising industrial hubs.
Over recent years, India has consolidated its role, evolving from an emerging market into a leading industrial platform capable of attracting high-technology investments and developing advanced capabilities across the entire mechanical supply chain. It is within this context that the partnership between Unitec and NRB Bearings Limited takes shape—two companies sharing an industrial vision centered on engineering excellence, quality and reliability.
Founded in 1965, NRB was the first Indian company to introduce needle bearing manufacturing, playing a decisive role in the establishment and development of the sector in the country. Over more than half a century of operations, the company has achieved a leadership position in the domestic market, progressively expanding its product portfolio and establishing itself as a key partner to numerous international automotive OEMs. A continuous focus on manufacturing processes, quality, and innovation has consolidated NRB’s position within the global bearing industry.
Unitec brings to the joint venture a solid foundation of engineering expertise developed through long-standing collaboration with major industrial OEMs. The company is recognized for its ability to design and manufacture high-precision, customer-specific bearings, often intended for complex applications with high technological requirements. This approach spans the entire product development cycle- from concept design through to industrialization- and is based on in-depth knowledge of operating conditions, performance optimization, rigorous reliability and durability standards.
The partnership with NRB will enable the transfer of this know-how into a rapidly expanding market, integrating it with the partner’s established manufacturing capabilities and deep understanding of the global industrial ecosystem. At the same time, the joint venture will allow NRB to enhance its product offering with high-value technological solutions designed to meet the demands of increasingly sophisticated industrial sectors.
Gruppo Mondial’s growth strategy
“This joint venture represents a fundamental step in the international growth path of Unitec and Gruppo Mondial,” said Davide Torresan, Sales and Marketing Manager of Gruppo Mondial. “It is a project born from a shared vision and a clear intention to create long-term industrial value by combining expertise, technologies, and engineering culture.”
Through this new industrial initiative, Unitec and NRB will combine resources, manufacturing capabilities and strategic vision with the aim of generating new development opportunities, accelerating product innovation and strengthening competitiveness in international markets. It marks a further step toward a more integrated, global and excellence-driven industrial landscape.
For more information: www.mondial.it/en and www.unitecbearings.com/en/
