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JTEKT Sona Automotive India Limited is 49% subsidiary of SKSS and 51% is held by JTEKT, Japan. JTEKT wants to consolidate its joint venture with the company through the scheme of amalgamation from appointed date 1st April 2018 with swap ratio as 1,582 equity shares to be allotted by SKSS for every 1000 Equity shares

The most recent published by Reports & Insights termed as "Bearing Market: Opportunity Analysis and Future Assessment 2022-2030" provides exclusive information about the market, covering in-depth data about future market opportunities and prospects along with the possible challenges. It further mentions recent trends and impact of various factors which affects the growth of bearing market. Moreover, the report also thoroughly states about the leading players competing in the market for the interest of its readers. The bearing market is estimated to reach at a value of US 122.5 Bn by the end of 2022 and expected to reach at a value of US$ 194.2 Bn by 2030 with a significant CAGR of 6.0%. Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/1405 Bearing Introduction Bearings, basically, are mechanical assemblages that comprises rolling elements and generally outer and inner races which serve its utility by rotary or linear shaft applications. Notably, there are numerous kinds of bearings, such as roller and ball bearings, linear bearings, and also mounted forms that may utilize either plain bearings or rolling element bearings. Bearings are a pivotal tribological element of many kinds of machinery and available in a variety of shapes and forms. For instance, a sliding door, which cannot be removed or lifted from its place. It only allows sliding to open it. The practicable movement is bound to sliding motion with the help of bearings. The major intention of bearings is to avoid direct metal to metal contact in the middle of two elements that have relative motion between them. This hinders heat generation, friction, and lastly, the depreciation and disintegration of parts. It further lowers energy consumption as low friction rolling takes place of sliding motion. Bearing Market Dynamics Bearing is the machinery component that is employed to assist relative motion and lessen friction that is created amongst the moving pa