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SKF India Announces ₹800–950 Crore Investment to Boost Local Manufacturing

SKF India Announces ₹800–950 Crore Investment to Boost Local Manufacturing

SKF India to Invest ₹950 Crore in Local Manufacturing Expansion( Image source: X)

SKF India is ramping up its localisation push with a fresh investment plan of ₹800–950 crore to expand manufacturing capacity, deepen technology integration and strengthen its support for the Make in India agenda. The additional spending is planned through 2030, with a new, state-of-the-art Pune plant expected by 2028.

 

Local plants already online — faster supplies for industry

The company says it has already commissioned several advanced production channels — medium deep-groove ball bearings (above 150 mm OD) in Ahmedabad and UC-range ball bearing units in Pune, while medium spherical roller bearing manufacturing for the region is operational in Nilai, Malaysia. These facilities will act as regional hubs to cut import dependence and improve responsiveness for sectors such as railways, renewables, infrastructure, metals, cement, food & beverage, mining and automation.

 

Why the push matters

SKF India’s investment is aimed at shortening lead times and improving supply-chain resilience for heavy industries where bearings are a critical component. By producing larger-format bearings locally and aligning production with European technology standards, SKF seeks to serve domestic and Southeast Asian demand more efficiently while creating higher-value manufacturing jobs.

 

Leadership view

Mukund Vasudevan, President — India & Southeast Asia and Managing Director of SKF India (Industrial), said localisation has moved “from intent to impact,” underlining the company’s focus on bringing advanced technologies closer to industrial hubs and unlocking long-term efficiencies for customers.

 

 

What’s next

The ₹800–950 crore plan will be rolled out over the remainder of the decade and includes capacity expansion, deeper technology adoption and sustainability measures across the value chain. The investment reinforces SKF India’s long-term strategy to back India’s industrial growth while reducing imports for critical bearing categories. Observers say such moves can help strengthen domestic manufacturing ecosystems and support India’s push to become a regional manufacturing hub.

 

 

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