SKF India to Invest ₹950 Crore to Strengthen Local Manufacturing

In addition to announcing intentions to invest ₹800–950 crore by 2030 to increase its manufacturing capabilities in India, SKF India (Industrial) Ltd. has finished a major phase of its localization strategy.

The Swedish bearing maker has put into service new production facilities for UC-range ball bearing units in Pune, medium spherical roller bearings (SRBs) with an outer diameter of 180–320 mm in Nilai, Malaysia, and medium deep-groove ball bearings (DGBBs) with an outer diameter of more than 150 mm in Ahmedabad. These facilities are now in use and catering to clients in Southeast Asia and India.

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For important industrial areas like railroads, renewable energy, infrastructure, metals, cement, food and beverage, mining, and robotics, the localization movement seeks to lessen reliance on imports and enhance supply chain responsiveness. The technology and quality standards used in the production of these goods are the same as those used in SKF's European operations.

"With new bearing manufacturing channels now operational in Ahmedabad, Pune, and Nilai, we've moved from intent to impact," said Mukund Vasudevan, President for India & Southeast Asia and Managing Director of SKF India (Industrial). "These capabilities allow us to align production with customer needs, bring advanced technologies closer to industrial hubs, and unlock efficiencies that drive long-term value."

A brand-new, cutting-edge facility in Pune is part of the ₹800–950 crore project, which is expected to be finished by 2028. Increasing capacity, improving technological integration, and expanding environmental measures will be the main goals of the expansion.