Schaeffler India Limited , a leading motion technology company, has announced a significant expansion of its large industrial bearings product line, reinforcing its commitment to local manufacturing and the 'Make in India' initiative. The company has introduced locally manufactured spherical roller bearings, cast steel housings, and accessories, marking a substantial growth in its industrial bearings segment.

Expansion Details

The expansion includes the addition of Made-in-India large size Spherical Roller Bearings (SRBs), Cast Steel Housings, and accessories to Schaeffler India's existing industrial portfolio. These new products are manufactured at the company's advanced facility in Savli, Gujarat, showcasing Schaeffler's dedication to enhancing its domestic production capabilities.

Product Specifications

Spherical Roller Bearings (SRBs)

• Target outer diameters up to 720 mm
• Available across series 222, 223, 230, 231, 240, and 241
• Manufactured with X-life quality standards
• Offer higher dynamic and static load ratings
• Provide improved performance, reduced friction, and extended service life

Cast Steel Housings

• Designed for superior strength and durability under extreme conditions
• Feature advanced sealing and internal lubrication groove
• Include provisions for mounting vibration & temperature sensors and auto-lubricators

Industry Impact

This expansion is set to benefit key industrial sectors in heavy industry, supporting applications such as:

• Conveyors
• Stacker reclaimers
• Gearboxes
• Crushers
• Pulping systems

The new product line targets core sectors including Steel, Cement, Mining, Power Plants, and Pulp & Paper industries.

Strategic Importance

Mr. Seshan Iyer, President of Bearings and Industrial Solutions at Schaeffler India, emphasized the strategic importance of this launch: "This launch reflects Schaeffler's commitment to Make-in-India & our continued focus on manufacturing excellence combined with local engineering and Research & Development capability. By localizing the manufacturing of these critical components, we are making our solutions more accessible, economical, and responsive to the needs of Indian industry."

Comprehensive Solution Suite

Schaeffler India now offers a complete solution suite that includes:

• Bearings
• Housings
• Adapter and withdrawal sleeves
• Advanced sealing solutions
• Lubricants
• Condition monitoring systems

This comprehensive offering positions Schaeffler as a trusted, single-window partner for motion solutions in the industrial sector.

Alignment with National Initiatives

The expansion aligns with the Government of India's "Make in India" initiative, reflecting Schaeffler's long-standing commitment to supporting the evolving needs of Indian industry with future-ready motion technologies. This move is expected to enhance accessibility, affordability, and responsiveness to the local market demands.

As Schaeffler India continues to invest in localized manufacturing and application engineering capabilities, it strengthens its position as a key player in India's industrial technology landscape, offering innovative and efficient solutions to meet the growing demands of various sectors.

Schaeffler India Limited , a leading industrial and automotive supplier, has reported a strong financial performance for the second quarter, with significant growth in revenue and profitability.

Financial Highlights

The company achieved a revenue of INR 2,282.00 crores in Q2, marking a 10.1% year-on-year growth and an 8.2% sequential increase. This robust performance was driven by strong demand across various segments, particularly in automotive technologies, vehicle lifetime solutions, and exports.

Schaeffler India's profitability also saw notable improvements:

• EBITDA reached INR 449.00 crores, with a margin of 19.7%
• Profit after tax stood at INR 296.00 crores, representing a 13% margin
• Free cash flow generation was impressive at INR 287.00 crores

Segment Performance

The company's diverse business portfolio contributed to its strong performance:

New Manufacturing Facility

In a significant development, Schaeffler India inaugurated its fifth manufacturing facility in Bangalore. This new plant, dedicated to clutch and drivetrain applications, represents an investment of INR 330.00 crores. The facility's first hall, spanning 16,500 square meters, has already commenced production, with potential for further expansion.

E-Mobility Progress

Schaeffler India has begun series production of e-axles for the Tata Harrier platform, marking an important milestone in its e-mobility journey. The company has set up a partial production line at its Talegaon plant and is moving into Phase-2 of expansion to increase localization.

Localization and Efficiency

The company continues to focus on localization and efficiency improvements:

• Localization rate increased to 78% from 76% in the previous quarter
• Capacity utilization across plants remains above 85%

Future Outlook

Harsha Kadam, Managing Director and CEO, commented on the results: "We have delivered a strong performance in Q2, with double-digit growth year-on-year. Our focus on quality of earnings, efficiency, and cost management continues to yield positive results. We remain agile in our CAPEX investments, closely monitoring market developments."

Schaeffler India's robust performance, coupled with strategic investments in new technologies and manufacturing capabilities, positions the company well for sustained growth in the evolving automotive and industrial sectors.

Additionally, the parent company Schaeffler AG has announced a €500 million investment plan for India over the next five years starting 2026, further reinforcing the company's commitment to the Indian market and its growth potential.