SKF India (Industrial) Limited (NSE: SKFINDUS | BSE: 544572), a leading provider of industrial technology and solutions, has announced an investment of ₹653 crore to establish a next-generation manufacturing plant in Pune, Maharashtra. Planned for completion by 2030, the new facility will expand the company’s advanced manufacturing presence in India and underscore its commitment to digital technologies, sustainability, and robust supply networks.
The plant is being designed as a modern, environmentally responsible, and digitally integrated campus aimed at improving SKF India Industrial’s production capabilities while raising standards for efficiency, output, and sustainable operations. Sujeeth Pai, Director – Manufacturing Operations for ISEAM, SKF India (Industrial) Limited, said the upcoming facility highlights the company’s belief in India’s growing manufacturing potential. He noted that the digitally driven, sustainability-focused plant will combine intelligent automation, real-time monitoring, and energy-efficient processes to improve productivity, quality, and responsiveness. He added that the project goes beyond expanding capacity, aiming instead to build flexible, resilient, and globally competitive manufacturing capabilities in India while strengthening local supply chains.
The new plant will support SKF India Industrial’s long-term manufacturing plans and add to its established base in Pune. It will streamline existing production lines while introducing new ones, creating a scalable manufacturing platform aligned with global standards.
This initiative will help the company better serve key sectors such as energy, railways, metals and mining, and other heavy industries by improving response times and increasing local production capabilities as India continues to grow as a centre for advanced manufacturing. SKF India Industrial continues to leverage science, engineering expertise, and smart manufacturing to help industries improve performance with speed, efficiency, and scale.
Founded in 1907, SKF develops bearings, seals, lubrication systems, condition-monitoring solutions, and services that help reduce friction. Lower friction means lower energy use, making industry more efficient and sustainable. SKF operates in around 130 countries with nearly 17,000 distributor locations worldwide. In 2024, annual sales were SEK 98,722 million, and the company employed 38,743 people.
