SKF India (Industrial) Ltd. commenced trading on the National Stock Exchange and Bombay Stock Exchange on Friday, following its successful demerger from SKF India. The new entity revealed plans for capital investments ranging from ₹8,000 to ₹9,500 million through 2030.
The demerger, which received approval from the National Company Law Tribunal in 2025, took effect on October 1. This resulted in the establishment of two distinct companies: SKF India (Industrial) Ltd., concentrating on bearings, condition monitoring solutions, engineering services, units, and industrial distribution, and SKF India Ltd.
Mukund Vasudevan, Managing Director and President for India, Southeast Asia, and the Middle East, stated that the independent structure would enhance service to global industrial customers and allow for more efficient capital allocation. He characterized the demerger as supportive of India’s ongoing infrastructure and manufacturing growth.
The investment roadmap envisions the creation of a new manufacturing facility in Pune by 2028, aiming to meet demand in sectors such as railways, renewable energy, cement, metals, and heavy engineering. The company also intends to bolster its engineering and digital capabilities through its Global Technical Centre located in Bengaluru.
Operating under the SKF Group, which has been in the business of manufacturing bearings and related products since 1907, SKF India (Industrial) contributes to a parent company that reported annual sales of SEK 98,722 million in 2024 and employs approximately 38,743 people across nearly 130 countries.
Published on December 5, 2025.
