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Schaeffler India expands industrial production capacity

30 Jun 2023 Evaluate

Schaeffler India has inaugurated manufacturing hall 2 at its manufacturing facility at Savli, Vadodara, Gujarat. The new hall will add the manufacturing capacity for small and medium-size products, which will further enhance Schaeffler’s market competitiveness in this region. The expansion of Savli plant's production capacity is a vital step towards driving localization strategy and meeting the growing demands of the market.

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


Peers
Company Name CMP
Schaeffler India 3653.55
Timken India 2865.80
SKF India 1434.80
NRB Bearings 514.15
Menon Bearings 287.85
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