11 months ago
SKF India to Invest ₹1,460 Cr Across Automotive and Industrial Sectors
SKF India, a company that makes auto parts, is splitting into two separate companies: one for cars and one for industrial equipment.
They plan to invest a lot of money, about ₹1,460 crore, by the year 2030.
This money will go towards building new factories and expanding their businesses in India.
The company making industrial equipment will focus on things like manufacturing and railways, while the car company will work on electric vehicles and new car technologies.
The goal is to help both parts of the company grow and support India's economy.
SKF India Group plans to invest up to ₹1,460 crore by 2030.
The investment is split between automotive and industrial verticals.
The industrial business expects to be listed by November 2025.
A new manufacturing facility will be established in Pune by 2028.
The demerger aims to create focused companies for industrial and automotive growth.
- Who
- SKF India Group
- What
- Plans to invest up to ₹1,460 crore across automotive and industrial businesses.
- Where
- India
- When
- By 2030.
- Why
- To expand capacity, establish a new manufacturing facility, and align with India’s industrialization and mobility growth.
Key facts
- Company
- SKF India Group
- Investment Amount
- Up to ₹1,460 crore
- Investment Period
- By 2030
- Investment Areas
- Automotive and Industrial verticals
- Industrial Listing
- Expected by November 2025
- Industrial Investment
- ₹800-950 crore
- Automotive Investment
- ₹410-510 crore
- New Manufacturing Facility
- Pune (by 2028)
Quotes
SKF India MD Mukund Vasudevan
Managing Director of SKF India
“This structure strengthens our ability to allocate capital effectively, accelerate innovation, and create distinct value streams for customers and shareholders, while contributing meaningfully to India’s economic transformation.”
thehindubusinessline.com
“SKF Industrial will strengthen its role as a key backbone of India’s manufacturing growth, infrastructure development, railway network expansion, and renewables (wind) focus.”
thehindubusinessline.com
