Schaeffler India expands production capacity at Gujarat plant

Global leading industrial and automotive supplier, Schaeffler India Limited, announced the
inauguration of manufacturing hall 2 at its manufacturing facility at Savli, in Vadodara,
Gujarat. The inauguration ceremony was graced by Dr. Stefan Spindler, CEO Industrial,
Schaeffler Group and Executive Board Member, Schaeffer AG, underscoring the significance
of this expansion.

Dr. Stefan Spindler, CEO Industrial, Schaeffler Group and Executive Board Member, Schaeffer AG (center) and Harsha Kadam, CEO & Managing Director, Schaeffler India Limited (extreme right) at the inauguration ceremony of the new manufacturing hall at the company’s plant at Savli in Vadodara, Gujarat

The new hall will add the manufacturing capacity for small and medium-size products, which
will further enhance Schaeffler’s market competitiveness in this region. The expansion of
Savli plant’s production capacity is a vital step towards driving localization strategy and
meeting the growing demands of the market.

Dr. Stefan Spindler, CEO Industrial, Schaeffler AG, said: “Schaeffler is a global company with
a local presence, and we continue to invest judiciously in India. We recognize India’s strategic
importance in the manufacturing space and as a mature industrial market for us in the
region. This expansion will enable Schaeffler to meet the market demands and grow with the
Indian market.”

Harsha Kadam, CEO and Managing Director, Schaeffler India Limited, added, “The
inauguration of Savli Hall 2 exemplifies Schaeffler India’s commitment to customer centricity.
By expanding production capabilities, the company is adding local competency towards small
and medium sized spherical products, making Schaeffler well-positioned to serve the
customer needs even better. It reinforces Schaeffler group’s commitment towards India and
strengthens our position as a leading provider of high-quality bearings and precision
products.”

Realizing India’s potential

The inauguration of hall 2, Schaeffler will add additional capacities of over 10,000 sq.m. of
production space, to the existing state of the art manufacturing plant in Savli. This increased
capacity will enable the plant to manufacture spherical roller bearings (SRB) and spherical
rollers, while also expanding its heat treatment capabilities. The enhanced production
capacity will support the growing market demand in the wind, heavy industries, and railway
sectors now.

With this expansion also comes an increase in employment opportunities. By 2025-2026,
Schaeffler India expects the employee strength at the Savli plant to double from the existing
numbers, signifying the company’s commitment to creating sustainable employment and
fostering economic growth in the region. It also supports the country’s ‘Make In India’ call
and Schaeffler is proud to contribute towards the initiative.

Schaeffler India’s Savli plant currently carries out all quality related work, such as heat
treatment of raw material, Face & outer outside diameter grinding and honing (precision
grinding) the inner and outer rings of rolling bearings. The various products produced are
Small Ball Bearings which are used in two wheelers, Cylindrical Roller Bearings (CRB), Tapered
Roller Bearing (TRB), Spherical Roller Bearings (SRB) and Large Size Bearings (LSB) that caters
to wind, railways and heavy machinery sectors. Savli plant also caters to exports towards
intercompany demands of Schaeffler Group.