New gearboxes that can chew through 15,000 Nm of torque are on the menu for anyone running heavy lifts or big‑engine trucks. That means fewer import headaches and a chance to keep maintenance in India.
The new Talegaon facility will sit beside the plant that opened in 2023 after a ₹100 crore investment. It’s part of a broader plan to bring heavy‑duty products in house, where the company has mainly focused on low‑ and medium‑capacity gear motors.
India’s heavy‑duty gearbox market is set to jump from ₹4,040 crore in FY26 to about ₹5,790 crore by FY31, according to Frost & Sullivan. The uptick is driven by steel, cement, sugar, rubber, plastics and power plants looking to modernise or replace aging gearboxes.
Yet, the field is packed. Bonfiglioli’s share of the 15,000 Nm segment sits at a modest 2% in FY26, while Elecon holds 29%, Premium Transmission 19%, Shanthi Gears 16% and Flender 13%. There’s room to grow, but it will take time to win trust.
Financially, the company is breathing easy. It posted ₹1,131.87 crore in revenue and a 19.78% EBITDA margin in the first half of 2026, backed by ₹139 crore in cash. The new plant will be funded from internal accruals; no fresh equity or debt is needed.
The plant is expected to come online in the next 12 to 18 months, with a full rollout likely by mid‑2027. Keep an eye on how the new gearboxes perform in steel and cement plants, and whether the company can scale up its capacity to meet the projected demand surge.