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Schaeffler India resumes operations at Vadodara plant

24 Apr 2020 Evaluate

Schaeffler India has resumed operations at Savli plant in Vadodara. The operation in the plant situated in GIDC park resumed post government approval and following all safety norms directed by the MHA. In addition, partial movement of goods have started from warehouses in Vadodara and Chennai, following strict safety protocols.

In line with government directives, the company has extended the closure of plants across Talegaon, Maneja, and Hosur up to May 3, 2020. However, the plants are prepared to resume operations in case of an early approval or relaxations granted by the government. The company has developed a detailed operating procedure to ensure safety and hygiene across plants and offices. These policies will remain in place till further notice.

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

Peers
Company Name CMP
Schaeffler India 4022.20
Timken India 3264.50
SKF India 1529.50
NRB Bearings 533.95
Menon Bearings 296.50
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