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SKF India introduces SIBCO brand of bearing housings and accessories

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SIBCO, an SKF group brand will deliver superior performance solutions for a wide range of industrial applications.
SKF India recently announced the introduction of SIBCO range of bearing housings and accessories. The product assortment under the SIBCO brand consists of housings, seals, sleeves, locating rings, lock nuts and lock washers.

The SIBCO range of solutions caters to the standard and customised performance requirements of the bearing housings and accessories market. The SIBCO brand of solutions will also be available through SKF?s wide network of channel partners consisting of more than 125 authorised industrial distributors (AID?s)and more than 2,000 retail outlets across India.

Commenting on the occasion, Shishir Joshipura, MD & Country Head, said, ?We are happy to introduce our domestically manufactured SIBCO range of bearing housings and accessories, which meet application specific performance requirements for different segments across industries. Indigenously designed and manufactured in Pune, the SIBCO range of solutions helps increase reliability and reduces maintenance for our customers. Coupled with our SIBCO range of solutions and imported SKF housings, SKF is now a complete solution provider for the bearing housings and accessories market.? Bearing housings are critical to conveyor and rolling applications as it helps to support the bearing and transmit the loads, thereby protecting the bearing and lubricants from contamination. Bearing housings play a key role in maximising the performance and service life of the incorporated bearing.

For further information:
SKF India Ltd.
Chinchwad, Pune 411033
Tel: +91 20 66112500

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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