SKF India has inaugurated its Global Technical Centre in Bengaluru, India (GTCI). The opening of GTCI further reinforces SKF’s strategy both to bring technology development closer to its customers and to utilize fully its global footprint and resources to develop product innovations across its five technology platforms - bearings, seals, mechatronics, lubrication systems and services.
The opening of GTCI is part of SKF’s technology strategy to develop a global product development and engineering organization. The new Global Technical Center will incorporate the existing Global Testing Center, opened in 2009 and the Automotive Development Centre, opened in 2004, both of which are located in Bengaluru.
Earlier in 2010, SKF opened a Global Technical Center in China. The new GTCI will have a strong focus on serving customers in India and South East Asia, as well as global projects for SKF.
SKF invested around SEK 75 million in GTCI. It will employ about 400 engineers in the areas of product engineering and development, as well as laboratories for testing metallurgy, chemistry and bearing performance analysis.
Company Name | CMP |
---|---|
Schaeffler India | 2812.30 |
SKF India | 4162.60 |
Timken India | 2856.00 |
Rolex Rings | 1745.75 |
NRB Bearings | 272.10 |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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