- Business
- SKF India Limited SKF India Limited (SKFINDIA.NS), a subsidiary of Sweden-based AB SKF, manufactures and supplies a comprehensive range of bearings and related products and services for automotive and industrial applications throughout India; its core offerings encompass rolling bearings including deep groove ball bearings, super-precision bearings, slewing bearings, plain bearings, and magnetic bearings and systems; mounted bearings and housings; thin-section bearings; industrial and automotive seals; lubrication management solutions such as automatic lubrication systems, grease and oil dispensers, and centralized systems; mechatronics products; condition monitoring systems featuring vibration analysis and online monitoring tools; maintenance products; power transmission products; linear motion products like guides and actuators; and engineering services including technical support, predictive maintenance, training programs, supply chain solutions, and sustainability services. The company operates manufacturing facilities in Pune, Bangalore, Ahmedabad, and Haridwar, with additional offices across India, serving diverse sectors such as automotive, aerospace, industrial machinery, renewable energy, railways, infrastructure, and general manufacturing through a network of over 1,900 suppliers and 455 authorized distributors. Founded in 1961 following AB SKF's entry into India in 1923, SKF India Limited maintains its headquarters in Pune, Maharashtra. In a major strategic reorganization effective October 1, 2025, the company completed the demerger of its industrial business into a separate listed entity, SKF India (Industrial) Limited, with shareholders receiving one share of the new entity for each SKF India share held and listing anticipated by November 2025, allowing SKF India Limited to focus exclusively on its automotive segment; this follows board approval in Q4 2024 and National Company Law Tribunal sanction. Concurrently, SKF India announces investments totaling up to ₹1,460 crore by 2030 across its entities, including ₹800-950 crore for the industrial business to support channel expansion and a new manufacturing plant in Pune by 2028, plus ₹410-510 crore for automotive capacity enhancements at Haridwar, Pune, and Bangalore facilities to meet demand in electrification, premiumization, and last-mile delivery; the company also advances localization with new bearing manufacturing hubs in Ahmedabad, Pune, and Nilai, Malaysia, aligning with India's Make in India initiative.