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History Every new beginning has a long history associated with it. A man took the best from the past and combined it with the better that future technology has to offer; to form a company he so fondly called Netalkar Power Transmission ‘NPT’ in the year 1991 in Belgaum, Karnataka. Going back in time, Late Shri. Digambar Netalkar, Father of Satish Netalkar founded Netalkar Engineering Works in the year 1965. This was a diversification from his core business then, which was Jewellery Manufacturing. Crankshaft Manufacturing back in the time was a niche industry with the skill only a few could master. Having seen the opportunity in this high-precision industry, which required attention to the minutest of detail, Shri. Digambar decided to venture into it. A small shed and one conventional lathe to begin with, saw the beginning of crankshaft manufacturing by Netalkar Engineering Works. After completing college, Satish tried his hands on carving beautiful jewellery for a few months. He then decided to officially join Netalkar Engineering Works ‘NEW’ in the year 1979 to help his eldest brother Late Shri. Ganapati Digambar Netalkar in business. He was however already a partner at NEW since the year 1971. Under Satish’s able leadership, NEW was proud to introduce its very first crankshaft GCS-500 Grinder in December of 1981. This was just the beginning of a new era of automation and sophistication at NEW. The company thereafter saw tremendous growth from being a mere Tier 2 supplier to Bharat Forge Ltd to becoming a Tier 1 supplier (direct supplier) to a very prestigious Indian conglomerate and Original Equipment Manufacturer (OEM), Mahindra & Mahindra Limited in the year 1984.

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