SKF Highlights India as Strategic Hub with New Manufacturing Facility Investment

SKF, a global technology and engineering leader, is intensifying its focus on India's key industrial sectors, including energy, railways, steel, and heavy industries. Senior Vice President Joakim Landholm emphasized India's role as a strategic hub for industrial development aligned with infrastructure expansion and renewable energy initiatives. SKF plans a new greenfield manufacturing facility in Pune with a 653 crore investment to support growing demand and enhance localization. Sustainability practices, such as renewable energy use and circular materials, are central to SKF's operations in India.