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Schaeffler to invest Rs.2,000 million in Pune operations

By Niranjan Mudholkar,

Added 27 November 2017

Ground breaking ceremony held for new manufacturing facility at INA Bearings

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Leading global industrial and automotive supplier - Schaeffler, today reiterated its focus on India as a key manufacturing hub by announcing the expansion of its operations at INA Bearings in Talegaon, Pune. The expansion will include a new manufacturing facility and a new R&D facility within the existing premises. The Ground-breaking ceremony for the new manufacturing expansion was held in Pune in the presence of Schaeffler AG’s global automotive leadership team.

The new production facility will manufacture engine and transmission components, serving the domestic and exports markets. The R&D facility will focus on enhancing product development and engineering capabilities driving innovation for customers.

Schaeffler India’s INA Bearings Pvt Limited is among the leading suppliers of engine, transmission and chassis components including needle roller bearingsand has generated a growth of 15% in CY16. The Pune plant, currently running at full capacity, employs 700 people and with the new facility it is expected to generate additional employment in the future.

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