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News1816-02-2026, 18:30

SKF India to Invest Rs 653 Cr in New Pune Plant by 2030

  • SKF India (Industrial) announced a Rs 653 crore investment for a new manufacturing plant in Pune.
  • The facility is expected to be operational by 2030, strengthening SKF's advanced manufacturing footprint in India.
  • The 'Factory of the Future' reflects SKF India Industrial's commitment to digitalization, sustainability, and resilient supply chains.
  • The investment aims to support critical industries like energy, railways, metals & mining, and other heavy industries.
  • This move will enable faster response times and deeper localization, positioning India as a global hub for advanced manufacturing.

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