Prominent industrial and automotive supplier, Schaeffler India Limited, has announced the inauguration of manufacturing hall 2 at its manufacturing facility at Savli, Vadodara Gujarat. Dr. Stefan Spindler, CEO Industrial, Schaeffler Group and Executive Board Member, Schaeffer AG attended that launch event.
The new hall will increase the manufacturing capacity for small and medium-size products, which will further enhance Schaeffler’s market competitiveness in this region. The company said that this expansion is a vital step towards driving localization strategy and meeting the growing demands of the market.
It later added, the inauguration of hall 2, will add additional capacities of over 10,000 sq.m. of production space, to the existing manufacturing plant, enabling it to manufacture spherical roller bearings (SRB) and spherical rollers. This addition will expand the company’s 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 employ
ee 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.
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.”