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Schaeffler planning to set up manufacturing unit in Pune

28 Nov 2017 Evaluate

Schaeffler is planning to invest Rs 200 crore to set up a manufacturing unit at Talegaon, Pune, along with a new research and development unit. The new production facility of the company’s arm NA Bearings will manufacture engine and transmission components, serving domestic and exports markets.

The R&D facility will focus on enhancing product development and engineering capabilities driving innovation for customers. This new facility will help the company add capacity and enhance product portfolio to serve our customer needs of future.

Schaeffler India has its presence in automotive and across all core industrial segments.

Peers
Company Name CMP
Schaeffler India 4030.60
Timken India 3263.70
SKF India 1535.90
NRB Bearings 530.60
Menon Bearings 302.50
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