- Business
- Schaeffler India Limited manufactures high-precision components and systems for automotive and industrial applications; its core offerings include rolling and plain bearings, linear motion technology, direct drive systems, engine and transmission components such as clutches, dual-mass flywheels, gearboxes, and dampers, chassis and suspension systems including bushings and joints, electric vehicle components like electric motor bearings, hybrid transmission modules, power electronics, and electric axles, as well as automotive aftermarket replacement parts, condition monitoring systems, maintenance products, and digital services. The company, a subsidiary of Germany's Schaeffler AG, operates manufacturing facilities in Pune, Vadodara, Talegaon, Hosur, Pirangut, Savli, and Thiruvallur, with its corporate headquarters in Pune, Maharashtra; it traces its origins to 1962 and serves domestic and international markets in the automotive OEM, aftermarket, and industrial sectors including heavy machinery, textiles, and packaging. In recent years, Schaeffler India invests Rs 1,700 crore from 2022-2024 to expand powertrain, e-mobility, and bearing production capabilities, exceeding its initial Rs 1,500 crore commitment; it inaugurates a new 16,500 sqm manufacturing plant in Shoolagiri, Tamil Nadu, in 2025 for transmission components like planetary gears and hybrid modules to support localization and 'Make in India'; the company acquires KRSV Innovative Auto Solutions Pvt Ltd (Koovers), a B2B e-commerce platform, in 2023 to bolster its digital automotive aftermarket presence; and Schaeffler AG's subsidiary completes the acquisition of Dhruva Automation & Controls in late 2024 to enhance industrial automation solutions in India and Asia.