1973
Partnership firm formed by five technocrats.
Started manufacturing needle roller cage assemblies with the manpower of 10 and the capital investment of 3500 US Dollars.
1974
Started manufacturing cylindrical roller bearings and deep groove ball bearings up to 50mm diameter.
1975
Started manufacturing single row spherical roller bearings.
1978
Partnership firm converted into Private Limited Company.
Started manufacturing tapered Roller Bearing up to 100mm diameter.
1980
Manufacturing capacity of all aforesaid bearings increased up to 150mm diameter.
1982
Started supplying bearings for gear box application to Premier Automobiles Limited (FIAT-Italy Collaboration) for passenger cars.
1984
Started supplying case carburized specially heat treated ground components (exclusive supplier) and King-pin bearings to TELCO for light and heavy commercial vehicles.
1985
Converted into Public Llimited Company and offered shares to public.
1986
Started New Plant (Unit II) with installation of machinery and testing/measuring equipment imported from Germany.
Started exporting bearings to developed countries such as UK, USA, and Italy.
1987
Started manufacturing import substitute bearings for military tanks and armed vehicles of Indian Defense Department.
1990
Increased manufacturing capacity to 600mm diameter.
Started manufacturing double row tapered and spherical roller bearings.
1991
Awarded indefinite rate contract with All India State Road Transport Undertakings (ASRTU) for 78 sizes of bearings for their passengers vehicles.
1993
Started manufacturing flexible roller bearings.
1995
Manufacturing capacity increased to 800mm diameter.
1997
Started manufacturing flush ground single row angular contact ball bearings for US and European Markets.
1998
Started production of four row tapered roller and mutli-row cylinderical roller bearings for roll-neck application in steel plants.
1999
Awarded ISO 9001 Certification for design and manufacturing of all type of rolling bearings from TUV Rheinland.
2000
Established AEC Europe S.R.L in Milan, Italy.
2002
Developed stainless steel (Grade 440C) bearings (for Atomic Energy Plant).
2003
Developed and supplied Screw Down bearing (equivalent to Torrington 202 TTSX 942 EE2000).
2004
Developed Slim bearings (Constant Section Bearings) up to 18 inch.
Established Accurate Engineering Inc. (WOS of AEC Ltd.) in USA.