• Hello Customer - Log in or Register!
Date: 2013-08-01

SKF Invests in a New Factory for Ball Bearings in India

SKF Invests in a New Factory for Ball Bearings in India

SKF, through its subsidiary SKF India Ltd., has decided to build a new manufacturing site in Haridwar, Uttarakhand, for the manufacturing of ball bearings. The investment amounts to approximately SEK 250 million.

The strong and growing demand, mainly from the Indian two-wheeler industry, but also from a number of other customer segments, has led to the decision to increase the manufacturing capacity in India. The new factory will have a covered area of some 11 000 sq. meters and will increase SKF's manufacturing capacity of ball bearings in India with more than one third. The state-of-the-art factory is expected to be operational in March 2008 and will employ some 300 persons.

"We are very positive about the economic development in the country. Uttarakhand is an emerging industrial hub within the country. SKF's strategic move to increase production capacity through the Haridwar factory signifies our commitment not only to serve our customers effectively but also reinforces our leading position in the market", says Mr. Rakesh Makhija, Managing Director, SKF India Ltd.


Previous: Timken Reports First-Quarter Results
Next: Italian Machine Tool Q1 2007 Orders Rise

Hot Products:
Product Model Inside Diameter Outside Diameter Thickness
GF90DO bearing 90 226 60
GF80DO bearing 80 180 55
【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.