Mr.Sanjay Kaul, Chairman and Managing Director of Operations, Timken India
Timken: Propelling the World with Outstanding Solutions and Services
Time is changing and so is the world’s outlook towards India. India has emerged as one of the most lucrative destinations for global companies to set up their manufacturing plants. With the strong support of government initiatives and business plans, the Indian manufacturing industry is witnessing tremendous growth in recent years. In this edition, the Inner review magazine wants to shine a light on some of the best manufactures in the nation and we couldn’t be happier to commence this issue with a Timken India Ltd.
Timken India Ltd. is a subsidiary of The Timken Company, headquartered in the United States, which designs a promising portfolio of engineered bearings and power transmission products. Timken started manufacturing bearings in India nearly three decades ago and today has state-of-the-art manufacturing plants in Jamshedpur and Bharuch to serve local bearing market needs and beyond.
Timken is especially known for retaining the highly collaborative technical selling model. The India team works directly with large OEM customers and with end users through a network of authorized distributors to make design and application recommendations to optimize performance and reliability.
A 120-year-old company, Timken employs more than 17,000 people in 42 countries, including more than 1,500 in India. Timken showcases a detailed and accurate knowledge of metallurgy, tribology and mechanical systems which are used in improving the consistency and efficiency of equipment, machinery and vehicles all across the world.
From railways to off highway vehicles to heavy trucks, from renewable energy to aviation to stationary equipment or a mission to Mars, Timken products are everywhere helping the world propel forward.
Dynamic Leadership of Timken
Mr. Sanjay Koul, MD of Timken India, has been with Timken for more than three decades. He has been contributory in not only building the business in India, but also creating value for the customers, associates and other stakeholders of the company. Sanjay believes that Timken's manufacturing footprint is increasing as the company introduces new product lines and services, bringing more diversification and manufacturing capacity. He strives in creating value and not simply selling commodities or products.
Extraordinary Products and Exceptional Services
Timken offers a range of powertrain rebuild and repair services along with engineered bearings. Being the pioneering authority on tapered roller bearings, the company applies its outstanding knowledge of tribology, metallurgy, and mechanical systems to improve the reliability and efficiency of equipment, machinery and vehicles.
Timken engineered bearings feature precision tolerances, proprietary internal geometries and quality materials. The tapered, spherical, cylindrical, thrust, ball, plain, miniature, precision, and housed unit bearings of Timken offers robust performance, in a consist way.
Power Transmission Products
Timken offers a power transmission product portfolio which has been designed to enhance the efficiency and reliability of industrial equipment and machinery. Brands such Rollon, Cone Drive, Carlisle belts, Groeneveld, Philadelphia Gear drives, Lubrication Systems, Diamond chain, and Lovejoy couplings provide its customers a wide range of solutions and keep the industry running and progressing.
Timken industrial services portfolio offers bearing and power system rebuild and repair services that can return components or entire systems to new specifications. The company refurbishes its products through its customers’ drive train, including switch gears, electric motors and generators, gear drives, bearings, couplings, and central panels as well as provide uptower wind turbine and crane repair.
However, the commitment of the company to its customers is not limited to making the bearings, drives and other components they need. Timken also provides repairing and servicing for those parts. In addition, in Timken Technology Center in Bangalore, customers are given direct access to the engineering expertise and the latest technological advancements of the company.
Winning Strategies of Timken
The company has intentionally spiced up its product brands in order to strengthen its position as a global leader in the industry. Engineered bearing products are regarded as the core to Timken’s business and reflect its long-standing innovative power in the advancement of the global industries.
Next, power transmission products are adjacent to the core business and enables the company to fulfill the needs of its global customers in a more efficient way.
Timken follows a threefold strategy to leverage the potential of the excellent portfolio and create additional growth: outgrow markets, operate with excellence and optimize capital deployment.
The leadership team of Timken works together to advance the global position of company and execute the strategy to create value for all its stakeholders.The customers and the clients of Timken comes froma diversified markets all across India and the entire world.
‘Quality’ – a buzzword in the Industry
Commitment to quality is what preserves the integrity of the Timken brand, along with the confidence the company has built with its customers. To sustain that promise of quality, Timken invests a significant amount of money each year in R&D, training and process improvement.
“We’ve taken great care to develop our Timken worldwide quality standards, which are executed without exception in every plant that produces Timken products. But in addition to setting our own standards, we’ve also helped define quality in the industry by creating the standards for the American Bearing Manufacturing Association (ABMA) and contributing to the standards set by the International Organization for Standardization (ISO)”, asserts the MD.
Standing tall amid challenging times
While enquired about the strategy implemented to win over the drastic influence of the current pandemic, Mr. Koul remarks,
“Our business strategy is focused on outgrowing our markets, operating with excellence and optimizing capital deployment to create long-term shareholder value. Like governments and other private enterprises around the world, The Timken Company is taking actions to mitigate the impact of the COVID-19 pandemic. We have taken steps outlined by the World Health Organization (WHO) and state and local authorities to protect the health and safety of our employees and visitors while continuing to operate our business. We will continue to monitor the situation and prioritize safe workplaces.”
A Road Ahead
The global company is expanding its capacity at its existing plants in India and has recently acquired India-based ABC Bearings. It has developed some outstanding relationships with a diverse mix of customers across industries, and this has resulted in tremendous growth for Timken India. From trains and trucks to solar and wind power, Timken is well-positioned for continued success in India and around the globe.
Quote1:“Commitment to quality is what preserves the integrity of the Timken brand”
Quote2:“We enhance procedures and products by means of consistence work of research and development”
Quote3: “Our top executives works dedicatedly to strengthen Timken India’s position and provide value to stakeholders”