Premier Bearings aiming at Rs 500 crore revenue over 5 years

Premier Bearings aims to achieve Rs 500 crore in revenue over the next five years, up from Rs 280 crore projected for the current fiscal year ending March 31. The company, led by founder Surendra Choraria, caters to the steel, cement, paper, and mining sectors, with a significant demand for bearings coming from western and southern India.