Prosino targets sale of 500,000 rings in India by 2015

Prosino S.r.l. was established in 1946 at Grignasco near Milan, Italy, to manufacture spinning and twisting rings for textile industries. Prosino-pic-1The company manufactures products on a single fully integrated site with turning facilities, heat treatment and surface polishing process which guarantee a value-added finished product with competitive pricing. The product is known worldwide as “BORGOSESIA RINGS”.

Early in the 1960s, Prosino started expanding its exports to the European and US markets and later on to India. In 1995, it diversified and commenced manufacture of turned and heat treated rings for high precision ball and roller bearings. The company’s manufacturing extended to hydraulic motors, aerospace, industrial valves, bicycles and many other specialised mechanical engineered industries.

The company has a strong foundation with the proud third generation Prosino family management, successfully updating new programs by adapting the original textile sector with a new range of products to meet the continuously evolving business.

“In recognition to our world class quality, our company was able to establish a strong commercial link with the Swiss major, RIETER AG and later with other associated companies in the group. Prosino employs 92 workers and has produced nine million pieces of rings the current year increasing its quantity year on year since its inception. Our company’s rings form 95% of the production while accessories related to rings forms the rest. We export nearly 85% of our total ring production to countries all over the world,” said Dr. Pietro Prosino, Director and Sales Manager, Prosino Borgosesia Rings, at the recently-held Texfair exhibition.

Prosino-pic-2“Since India has a great market potential and is an optimistic one, Prosino S.r.l. has recently entered into a new marketing agreement with Precision Rubber Industries Pvt. Ltd., the manufacturer of Precitex brand products, in India, for its rings. Indian market has a demand for standardised ring sizes which is an added advantage to our company. We have sent our sales and technical team to the JV company to train and educate the people. Previously we have been selling 3,00,000-4,00,000 in India. Now after a break, we are trying to establish our product back,” added Dr. Prosino.

Precitex manufactures world class aprons and cots in India which are designed and developed to suit various machine applications and also exports these products to major destinations across the globe. “Precitex shall play an important role in the partnership and plans to export the rings to neighbouring countries like Nepal. Texfair is a good launching platform for our products. The response for our products in the fair was encouraging and we see some good potential for our rings. With world class quality and good pre and post sales service we expect to reach half a million rings in India in the next two years,” said Mr. Diven Dembla, Managing Director, Precitex.