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The Hindu
7 days ago
- Automotive
- The Hindu
Schaeffler India opens new plant in Tamil Nadu
Schaeffler India Limited, a motion technology company, has inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu. A press release said the plant, which has come up with an investment of ₹330 crores and spread across 16,500 sq. Metres, is dedicated for production of powertrain and chassis components and futuristic technologies. As part of Schaeffler India's strategy to address growing market demands within the automotive industry, the manufacturing facility will serve as a hub for production and expansion of conventional and electrified powertrain technologies, primarily for the Indian market. With this facility, the company also aims to increase its transmission component capacity significantly. Schaeffler AG CEO Powertrain and Chassis Matthias Zink said in the press release that 'India is a key market for Schaeffler. The new facility is a significant step in our efforts to expand our global manufacturing footprint and further localisation in the region.' According to Schaeffler India Managing Director and CEO Harsha Kadam, 'With the expansion of our production facilities, we are well-positioned to cater not only to the present local markets but also future needs as we transition towards e-mobility.' As compared to the initial commitment of ₹1,500 crores, Schaeffler India has invested ₹1,700 crore over last three years (from 2022 to 2024) to expand its local capabilities in India. This includes the expansion of new product lines for powertrain solutions, e-mobility solutions as well as large and medium-sized bearings for industrial applications. Schaeffler India also strengthened its presence in the digital automotive aftermarket space, with the acquisition of KRSV Innovative Auto Solutions Pvt. Ltd. (Koovers), a B2B e-commerce platform in 2023, the release added.
Time of India
28-05-2025
- Automotive
- Time of India
Schaeffler India opens new manufacturing facility in Tamil Nadu
The new facility spans a total plot of 108,000 square metres, with the first phase covering 16,500 square metres. This phase is expected to reach full operational capacity by the fourth quarter of calendar year 2025. The plant will increase capacity for transmission components and support the development of new technologies aimed at the domestic market. Localisation goals Matthias Zink, CEO Powertrain & Chassis at Schaeffler AG, stated, ' India is a key market for Schaeffler. The new facility is a significant step in our efforts to expand our global manufacturing footprint and further localization in the region. It supports our long-term growth vision and positions us to better cater to the rising market demands and grow with the Indian market.' Harsha Kadam , Managing Director and CEO, Schaeffler India Limited , said, 'The inauguration at Shoolagiri exemplifies our commitment to expanding our capacities and competencies in India , enabling us to better meet the evolving needs of our customers. With the expansion of our production facilities, we are well-positioned to cater not only to the present local markets but also future needs as we transition towards E-mobility. We remain committed to the country's 'Make In India' initiative, while embracing sustainable practices. It also underscores the Schaeffler Group's focus towards India as a strategic growth driver.' From 2022 to 2024, the company has invested ₹1,700 crore to expand its local capabilities, exceeding the original commitment of ₹1,500 crore. This includes the development of powertrain and e-mobility solutions, as well as bearings for industrial use. In 2023, Schaeffler India also acquired Koovers, a B2B e-commerce platform, to enhance its presence in the digital automotive aftermarket.
Business Upturn
28-05-2025
- Automotive
- Business Upturn
Schaeffler India inaugurates fifth manufacturing facility in Tamil Nadu
By Aman Shukla Published on May 28, 2025, 10:42 IST Schaeffler India Limited, a motion technology company, has opened its fifth manufacturing facility in Shoolagiri, Tamil Nadu. The facility is focused on producing powertrain and chassis components, as well as technologies aligned with the future of mobility. The inauguration event was attended by senior leadership from Schaeffler, including Georg F. W. Schaeffler, Chairman of the Supervisory Board, Schaeffler AG; Eranti Sumithasri, Chairperson of the Board of Directors, Schaeffler India Limited; Matthias Zink, CEO Powertrain & Chassis, Schaeffler AG; and Dharmesh Arora, Regional CEO Asia Pacific, Schaeffler AG. Spanning 16,500 square meters, the Shoolagiri facility will support the production of both conventional and electrified powertrain systems. Key components to be manufactured include planetary gear systems, hybrid transmission parts, and other solutions designed for the Indian market. The facility also aims to scale up capacity for transmission components and serve as a base for new product and technology development. With this addition, Schaeffler India now operates five manufacturing sites and three R&D centers across the country. The company has invested ₹1,700 crore over the past three years (2022–2024), exceeding its initial commitment of ₹1,500 crore. This investment has been directed towards expanding local production capabilities for powertrain solutions, e-mobility technologies, and industrial bearings. The Shoolagiri plant is a part of Schaeffler India's broader strategy to meet growing automotive industry demands and support its long-term growth goals in India and beyond. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
