Schaeffler India assigned Crisil ESG 69 rating

0 min read     Updated on 20 May 2026, 06:09 AM
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Schaeffler India Limited disclosed receiving an ESG rating of ‘Crisil ESG 69’ and a Core ESG rating of ‘Crisil Core ESG 66’ from CRISIL ESG Ratings & Analytics Limited. The company stated it did not engage the agency, which issued the ratings based on publicly available data.

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Schaeffler India has been assigned an ESG rating of ‘Crisil ESG 69’ and a Core ESG rating of ‘Crisil Core ESG 66’ by CRISIL ESG Ratings & Analytics Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on May 19, 2026.

The company clarified that it has not engaged or subscribed with CRISIL ESG Ratings & Analytics Limited for this assessment. The agency independently issued the rating based on Schaeffler India Limited’s disclosures and other publicly available data.

ESG Score Details

The following table summarizes the ratings assigned to the company:

Parameter Rating
Crisil ESG 69
Crisil Core ESG 66

The ratings reflect the company’s performance on environmental, social, and governance parameters as evaluated by the agency.

Historical Stock Returns for Schaeffler India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%-0.52%+0.05%+0.85%+1.38%+305.34%

How might Schaeffler India's ESG score of 69 compare to its automotive components industry peers, and could a lower relative ranking impact institutional investor sentiment?

Given that Schaeffler India did not commission this rating, will the company proactively engage with CRISIL ESG to improve its score, and what specific environmental or governance gaps might it need to address?

How could this unsolicited ESG rating influence Schaeffler India's ability to access green financing or ESG-linked bonds in the near future?

Schaeffler India Opens HPC Research Infrastructure at IISc Bengaluru, Signs Master Research Agreement

2 min read     Updated on 13 May 2026, 01:29 PM
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Schaeffler India has launched a computational research infrastructure at FSID, IISc Bengaluru under its CSR programme HOPE, featuring HPC workstations, advanced cooling, and power-backup systems to support research in materials, energy, and sustainable mobility. Alongside, the company signed a Master Research Agreement with IISc, establishing a framework for multiple joint research projects. The initiative benefits IISc faculty, FSID-incubated startups, MSMEs, industry R&D partners, and the broader academic community.

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Schaeffler India , the motion technology company, has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. This initiative, undertaken as part of the company's CSR programme HOPE, strengthens research capabilities at the Indian Institute of Science (IISc) by enabling High-Performance Computing (HPC), large-scale simulations, data-intensive modelling, and advanced analytics across materials, energy systems, and sustainable mobility. The development also aims to foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.

Key Infrastructure Enhancements

The initiative focuses on expanding FSID's computational facilities through a set of targeted upgrades. The following enhancements form the core of the new infrastructure:

  • Acquisition of dedicated lab space
  • Advanced in-rack cooling systems
  • Power-backup systems
  • High-performance hybrid computing workstations and clusters

These improvements are designed to significantly enhance computational efficiency and support cutting-edge research across multiple disciplines.

Stakeholders and Beneficiaries

The enhanced facility is expected to benefit a broad range of stakeholders. The table below outlines the direct and indirect beneficiaries of the expanded infrastructure:

Category: Beneficiaries
Direct – Academic: Faculty members of IISc
Direct – Startups: FSID-incubated startups
Direct – Industry: External startups, MSMEs, and industry R&D partners
Indirect – Research Community: PhD scholars, postgraduate and undergraduate students, postdoctoral researchers
Indirect – Ecosystem: Broader academic and industrial ecosystem

Master Research Agreement with IISc

Alongside the infrastructure launch, Schaeffler India has signed a Master Research Agreement (MRA) with IISc. This agreement sets the foundation for multiple future research projects and further strengthens the company's commitment to collaborative innovation and advanced research. The company noted that it has a strong pipeline of joint projects with IISc, with teams aligned to move into execution.

Voices from Leadership

Mr. Harsha Kadam, MD & CEO, Schaeffler India, said: "At Schaeffler India, we are committed to building skills and manufacturing excellence rooted in India's unique strengths, aligned with its needs, and geared towards creating lasting value. Such efforts depend on strong academia-industry collaboration, with institutions like Indian Institute of Science playing a critical role in equipping researchers with the right tools and expertise. We're proud to support its latest computational infrastructure through Schaeffler India's CSR programme, HOPE."

Sai Gautam Gopalakrishnan, Associate Professor of Materials Engineering, IISc, noted: "With the long-term aim of creating a computational facility with a peak performance of around 32 PFLOPs, comprising a mixture of CPUs and GPUs, the facility will be highly beneficial for the research groups at IISc, startups incubated at FSID, and industries that collaborate with FSID/IISc."

Prof B. Gurumoorthy, Director, Foundation for Science Innovation and Development, added: "This collaboration with Schaeffler India marks an important step in enhancing FSID's capabilities in high-end simulations, data-intensive research, and next-generation technology development. We see this as a strong example of how industry-academia partnerships can accelerate research and innovation with real-world relevance."

About Schaeffler India

Schaeffler India brings an 80-year global legacy of innovation in motion technology to the Indian market, offering precision engineering solutions. The company operates five manufacturing plants in India — located at Talegaon, Savli, Maneja, Hosur, and Shoolagiri — along with three R&D centres, five sales offices, and a strong industrial and automotive aftermarket network. With a presence in India for over 60 years and a dedicated workforce of over 3,800 employees, Schaeffler India is a leading motion technology company in the country.

Historical Stock Returns for Schaeffler India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%-0.52%+0.05%+0.85%+1.38%+305.34%

How might the Master Research Agreement between Schaeffler India and IISc translate into commercially viable products or patents in sustainable mobility and energy systems over the next 3-5 years?

Could this industry-academia model with IISc inspire other multinational manufacturing companies to establish similar CSR-driven computational research partnerships with Indian institutions?

As the facility targets a peak performance of 32 PFLOPs, what timeline and additional investments would be required to reach that milestone, and how might it position FSID among Asia's top research computing centers?

More News on Schaeffler India

1 Year Returns:+1.38%