SKF India was incorporated in the year 1961 as a result of collaboration between AB SKF, Associated Bearing Company limited and Investment Corporation of India Ltd and the first manufacturing plant was commissioned in Pune in the year 1965.
MoneyWorks4Me analysed the past 10-year performance of SKF India Ltd and arrived at the following conclusion:
The 5-year analysis of SKF India Ltd's performance infers:
We analysed the performance of SKF India Ltd share prices over the last 10 years. Here is what we found out:
SKF started its operations in India in 1923 and provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings
SKF started its operations in India in 1923 and provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.
SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value added solutions that integrate all its five technology platforms.
SKF has a pan India footprint consisting of manufacturing facilities, offices, a supplier network of distributors and an employee base of dedicated professionals. In India, SKF has consolidated its operations in three different companies - SKF India Limited, SKF Technologies (India) Pvt. Ltd and Lincoln Helios India Ltd.
Business area of the company
The company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven integrated solutions provider, helping customers achieve sustainable and competitive advantage.