About Schaeffler India Ltd
Schaeffler India Ltd. stands as a prominent force in the automotive and industrial landscape. Established in 1962, the company has a rich history spanning multiple decades. Today it has evolved into a critical player in precision engineering, delivering high-performance components that power machinery across diverse sectors.
Headquartered in Pune, Maharashtra, the company is a strategic subsidiary of the global Schaeffler Group. It is a technology powerhouse based in Germany, which owns 74.13% of Schaeffler India’s total equity. This backing has helped it carve a distinctive niche in manufacturing sophisticated precision components, with a specialized focus on ball bearings, roller bearings, and advanced transmission systems.
The company’s product portfolio is distinguished by its renowned brands—FAG, INA, and LuK. These brands are known for their quality and reliability in the industrial and automotive markets. These meticulously engineered components serve critical applications, ranging from automotive systems to industrial machinery. This reflects the company’s commitment to technological excellence.
Schaeffler India may not have the largest market share in the bearings and automotive components sector. However, the company has consistently demonstrated strong market positioning through its innovative solutions and quality products.
Eranti V Sumithasri is the Chairperson of the company, while Harsha Kadam holds the position of Managing Director & CEO. Apart from them, there are other managerial promoters who have contributed to the success of the company. They are –
The registered office of Schaeffler India Ltd. is located at ASTP (Amar Sadanand Tech Park), Baner, Pune. Meanwhile, the registrars are based in Bhakti Nagar Society, Vadodara, Gujarat. The company’s approach combines global technological expertise with local market understanding. This enables it to meet the evolving demands of Indian industries.
Schaeffler India’s journey is a testament to precision engineering and sustainable industrial development. This makes it a crucial contributor to India’s manufacturing ecosystem.
Schaeffler India began its journey by producing ball bearings and roller bearings. These are essential components for the smooth operation of various machinery and vehicles. Over time, the company expanded its product range to include engine components and chassis applications. These early innovations laid the groundwork for Schaeffler India’s growth and success in the automotive sector. As a result, the company established a reputation for reliability and excellence.
In recent years, Schaeffler India has focused on expanding its capabilities in the field of e-mobility. Recognizing the growing demand for electric vehicles, the company established a new technology centre in Pune. This centre specializes in software development and systems development for electric vehicles. As a result, it played a vital role in Schaeffler’s global research and development network. By investing in e-mobility, Schaeffler India aims to drive the future of mobility to greener transportation solutions.
Schaeffler India offers a comprehensive range of products. They include ball bearings, roller bearings, engine components, transmission systems, and chassis applications. The company’s products are known for their high quality and reliability, making them popular among automotive manufacturers and industrial customers. Schaeffler India’s products are marketed under well-known brands such as FAG, INA, and LuK. These brands are synonymous with precision and performance.
Schaeffler India is one of the leading players in the automotive and industrial sectors. The company’s strong presence in India, combined with its focus on innovation and quality, has helped it gain a significant market share. Plus, Schaeffler India's commitment to excellence and sustainability has made it a preferred choice for many customers. The company’s ability to adapt to changing market dynamics and customer needs has also been a key factor in its success.
Sustainability is a core value at Schaeffler India. The company has implemented various eco-friendly practices to reduce its environmental impact. For instance, Schaeffler’s cement plants are equipped with waste heat recovery systems and solar power plants. They help reduce energy consumption and lower carbon emissions. Additionally, the company promotes the use of alternative fuels and raw materials to minimize its environmental footprint. As a result, Schaeffler India reduces greenhouse gas emissions.
Schaeffler India is managed by a team of experienced professionals who oversee its operations and strategic direction. The company’s leadership is committed to driving innovation and excellence in the automotive and industrial sectors. The management team works closely with the global Schaeffler Group. This is to develop and implement cutting-edge solutions for the future of mobility.
Overall, Schaeffler India Ltd. has played a significant role in transforming automotive technology in India. Through its focus on innovation and sustainability, the company has established itself as a key player in its sectors. With its strong market presence and support from the Schaeffler Group, Schaeffler India is well-positioned to continue leading the way in automotive technology.
Headquartered in Pune, Maharashtra, the company is a strategic subsidiary of the global Schaeffler Group. It is a technology powerhouse based in Germany, which owns 74.13% of Schaeffler India’s total equity. This backing has helped it carve a distinctive niche in manufacturing sophisticated precision components, with a specialized focus on ball bearings, roller bearings, and advanced transmission systems.
The company’s product portfolio is distinguished by its renowned brands—FAG, INA, and LuK. These brands are known for their quality and reliability in the industrial and automotive markets. These meticulously engineered components serve critical applications, ranging from automotive systems to industrial machinery. This reflects the company’s commitment to technological excellence.
Schaeffler India may not have the largest market share in the bearings and automotive components sector. However, the company has consistently demonstrated strong market positioning through its innovative solutions and quality products.
Eranti V Sumithasri is the Chairperson of the company, while Harsha Kadam holds the position of Managing Director & CEO. Apart from them, there are other managerial promoters who have contributed to the success of the company. They are –
-
Hardevi Vazirani
-
Renu Challu
-
Arvind Balaji
The registered office of Schaeffler India Ltd. is located at ASTP (Amar Sadanand Tech Park), Baner, Pune. Meanwhile, the registrars are based in Bhakti Nagar Society, Vadodara, Gujarat. The company’s approach combines global technological expertise with local market understanding. This enables it to meet the evolving demands of Indian industries.
Schaeffler India’s journey is a testament to precision engineering and sustainable industrial development. This makes it a crucial contributor to India’s manufacturing ecosystem.
How Schaeffler India Transforms Automotive Technology
Schaeffler India Ltd. has significantly transformed automotive technology in India. Since its establishment in 1962, the company has dedicated itself to developing high-precision components and systems for the automotive and industrial sectors. As part of the global Schaeffler Group, Schaeffler India has played a crucial role in driving innovation in the country.Schaeffler India began its journey by producing ball bearings and roller bearings. These are essential components for the smooth operation of various machinery and vehicles. Over time, the company expanded its product range to include engine components and chassis applications. These early innovations laid the groundwork for Schaeffler India’s growth and success in the automotive sector. As a result, the company established a reputation for reliability and excellence.
In recent years, Schaeffler India has focused on expanding its capabilities in the field of e-mobility. Recognizing the growing demand for electric vehicles, the company established a new technology centre in Pune. This centre specializes in software development and systems development for electric vehicles. As a result, it played a vital role in Schaeffler’s global research and development network. By investing in e-mobility, Schaeffler India aims to drive the future of mobility to greener transportation solutions.
Schaeffler India offers a comprehensive range of products. They include ball bearings, roller bearings, engine components, transmission systems, and chassis applications. The company’s products are known for their high quality and reliability, making them popular among automotive manufacturers and industrial customers. Schaeffler India’s products are marketed under well-known brands such as FAG, INA, and LuK. These brands are synonymous with precision and performance.
Schaeffler India is one of the leading players in the automotive and industrial sectors. The company’s strong presence in India, combined with its focus on innovation and quality, has helped it gain a significant market share. Plus, Schaeffler India's commitment to excellence and sustainability has made it a preferred choice for many customers. The company’s ability to adapt to changing market dynamics and customer needs has also been a key factor in its success.
Sustainability is a core value at Schaeffler India. The company has implemented various eco-friendly practices to reduce its environmental impact. For instance, Schaeffler’s cement plants are equipped with waste heat recovery systems and solar power plants. They help reduce energy consumption and lower carbon emissions. Additionally, the company promotes the use of alternative fuels and raw materials to minimize its environmental footprint. As a result, Schaeffler India reduces greenhouse gas emissions.
Schaeffler India is managed by a team of experienced professionals who oversee its operations and strategic direction. The company’s leadership is committed to driving innovation and excellence in the automotive and industrial sectors. The management team works closely with the global Schaeffler Group. This is to develop and implement cutting-edge solutions for the future of mobility.
Overall, Schaeffler India Ltd. has played a significant role in transforming automotive technology in India. Through its focus on innovation and sustainability, the company has established itself as a key player in its sectors. With its strong market presence and support from the Schaeffler Group, Schaeffler India is well-positioned to continue leading the way in automotive technology.
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