Our R&D efforts are centred around the development of reliable solutions for complex customer needs. Leveraging local expertise, we are focusing on design optimization and customised applications to enhance performance and support our customers in achieving their sustainability objectives.
We are committed to developing innovative and reliable solutions for our customers to meet their diverse needs. By taking a multi-directional approach, we continuously strive to push the boundaries of performance and efficiency. On one hand, we are advancing new solutions for optimising internal combustion engines (ICE). On the other, we are expanding into new mobility applications with cutting-edge products. The launch of our planetary gear system for hybrid applications this year exemplifies our dedication to progress and innovation.
Agility in product development and efforts toward localisation are crucial elements of our strategy. This year, one of our significant accomplishments was the rapid development of our first-ever Plummer block, specifically designed for sinter plant applications. Delivering this within stringent customer timeframes showcases our agility and the strength of cross-functional collaboration among internal teams and suppliers.
Similarly, our initiation for Hydraulic Latch Adjuster (HLA) localisation and production of Spherical Roller Bearings reflects our commitment to enhancing self-sufficiency. By focusing on local manufacturing, we aim to significantly reduce our dependence on imports. This approach is vital in responding to the challenges presented by the current dynamic geopolitical landscape, ensuring both reliability and sustainability in our supply chain.
Design optimization and application-specific customisation are key strategies that we have successfully implemented, as evidenced by our work with Track Roller Bearings in the raw material sector. This approach allows us to tailor solutions specifically to meet the unique demands and challenges within this industry, enhancing both efficiency and performance.
We have also made significant investments to expand our testing capabilities at our R&D facilities. These investments have enabled us to develop comprehensive, end-to-end product development processes in-house, ensuring high-quality outcomes that align with our rigorous standards.
With improved competencies and enhanced testing capabilities, this approach prioritises virtual simulation and testing services, allowing us to deliver superior, globally-relevant solutions that leverage local expertise and our innovative capability.
Chief Technology Officer
Throughout 2024, we worked towards enhancing the performance and reliability of our products. These improvements are vital as they support our customers in progressing toward their sustainability objectives, ensuring that their products become more environment friendly. Furthermore, a central aspect of our R&D strategy is localisation. By prioritising localised research and development efforts, we aim to significantly reduce reliance on imports. This approach not only mitigates supply chain risks but also ensures timely product delivery to our customers, aligning our goals with those of our customers and contributing to their overall success and sustainability.
To effectively support our customer needs, we are continuously enhancing our competencies and capabilities within the organization. By cultivating end-to-end in-house capabilities, we are better equipped to address various challenges, optimise operational efficiency and meet customer requirements. This ensures that we have the necessary resources and knowledge internally to tackle complex issues, drive innovation and maintain a competitive edge in the market while consistently delivering high-quality outcomes.