SKF India Names Shailesh Kumar Sharma as Auto MD Post Demerger

SKF India Limited has finalized its demerger, effective October 1, 2025, creating two independent entities: SKF India Limited and SKF India (Industrial) Limited.

Shailesh Kumar Sharma has been appointed Managing Director for the automotive business of SKF India Limited, which plans to expand EV, two-wheeler, and wheel-end bearing capacities across Haridwar, Pune, and Bangalore by 2030.

While Mukund Vasudevan continues to lead the Industrial Business for India and Southeast Asia as President for Industrial Region. He has also assumed the role of Managing Director for SKF India (Industrial) Limited which is expected to get listed by November 2025.

Speaking on the development, Shailesh Kumar Sharma, Managing Director, SKF India Limited, said: “This demerger marks a strategic leap forward for SKF India. By establishing two purpose-driven entities, we are unlocking sharper focus and operational agility to serve India’s evolving industrial and mobility landscapes. The automotive business of SKF India Limited is poised to accelerate with the EV revolution and premiumisation trends, while delivering differentiated value to our customers, partners, and shareholders in this transformative decade.”

Both entities will operate independently while leveraging SKF’s global innovation and technology ecosystem to drive India’s industrial and mobility transformation.