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Core Philosophy
"Business is Goodness"
are the three words that sum up Nisiki's core philosophy.

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Investment in Nisiki
Service is an important and independent sector of Globalized Economy.

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Customer Satisfaction


Education:

As per our credo " People and not products are more Important ".

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OVERVIEW .....


Meaning : NISIKI

NISIKI in the oriental culture means "Dawn of Prosperity".

As per one Japanese legend, a young man from the village takes the bold decision to go to the city.  There  for months, he works hard , saves money and for his first visit back to the village buys an expensive cloth for his dear one at home.  These special cloth in Japanese is called Nisiki.  It is a sign of the start of prosperity in the life of this family. Inspired, we named our company Nisiki. Core philosophy is “Business is Goodness”.  Core idea is to work for the prosperity of all who associate with our company. 

 

BUSINESS:

  • Total Value Chain Manufacturing.

  • From manufacturing to... enduser assembly line at lowest cost in Fast Moving Industrial Consumables (components)

INDUSTRY:
Capital Intensive manufactured components : Bearings, Micro Motors, Load Cells, Micro Electronics.

 

MARKET:
AUTO, APPLIANCE, INDUSTRIAL, TEXTILE, ELECTRONIC  -  5 High potential segments.

 

Customers
Segment-wise

 

AUTO
Lucas TVS, Piaggio Vehicles, Tata Auto Components, Rane TRW, Maruti, Honda, Piaggio, Tata Authorized  Service Stations.

 

APPLIANCES
IFB, Kirloskar Pumps, Kulkarni Power Tools, Aplicomp ( Videocon), Danaher Motion (India)

 

INDUSTRIAL
BEML, Larsen & Tubro, Maini Materials, Telcon, UltraTEch Cements, Tata Steel, Jindal, Ballarpur Paper, Bhushan Steel, Salem Steel

 

TEXTILE
SIlvassa Industries ( Reliance), Garden Mills, Alidhara, Himson Textile Engineers

 

ELECTRONIC
Wipro ePeripherals, Tata Infotech, Essae Terekoa, Diebold, TVSE Electronics


 COMPANY HISTORY

1992 :

Incorporated as Private Limited company Nisiki Bearings Pvt. Limited by 4 engineers with work experience with SKF.  Started agency operations with Minebea , Japan

 

1994 :                                     

Started agency operations with Koyo Seiko, Japan.

 

1996 :

Established Singapore HQ.

Established central warehousing and bulk-cargo logistics in Singapore.

Commence FOB supply through Nisiki (S) Pte Ltd.

Invested in manufacturing in China for Mech. & Elec. components.

 

1997 :

Established Nisiki Engineering Ltd. as Internal Design House for  Mech. / Elec.  Product development  and allied engineering services

 

2000 :

Established warehouse operations at Bhiwandi near Mumbai port for  local currency supply of material to customers.

                  

2002 :

Launched under NISIKI brand range of complimentary mech. & elec. products. bearings, load cells commutators, Thermal Overload Protector….Launch of NISIKI brand.

 

2005 :                                                

Liaison offices in Europe and USA. Established W/H at Ludhiana, Hyderabad, Chennai....

 

2006 :

Largest Value Chain Manufacturing for the product range in India

 

2007 :

Nisiki opens retail outlet to serve the replacement market in Mumbai. Company renamed Nisiki India Pvt. Limited. Nisiki gets ISO 9001:2000 certifications. 

72 Engineers

15 Commercial

16 Branch/Warehouse operations in India

 INDUSTRY AND PRODUCTS ANALYSIS

Highly capital Intensive manufacturing.

Hence remote possibility of capacity expansion in India.

 

Bearings :  Rs 6,000 crore

Mechatronics : Rs 3,000 crore

Growth rates : 15% next 3 years

 

Leading players… SKF, FAG, HBM, TEDEA, AIRPAX, DELTA, KOLEKTOR, TEXAS, THERMIK

 

COMPETITIVE ADVANTAGE

Competitors are established for 50-100 years.

Highly dependent on Multi-layer distribution.

High bureaucracy – overheads.

           

Nisiki Advantage : Single chain from manufacturing to enduser assembly line.

  • Segment-wise application specific marketing and sales team.

  • Product development team for Mech. & Elec. items with R&D.

  • RELIABILITY is GUARANTEED

  • PRICE is LESS than competition.

  • Daily-Weekly Delivery on customer assembly line.

  • Near 0% risk cost of inventory to customer.

UNIQUE ADVANTAGE

ONLY one with Value Chain Manufacturing business model.

Lateral  scalability customer-wise in 5-segments

Horizontal scalability product-wise in Mech./Elec components.

 

   
 
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