SKF India group to invest up to Rs 1,460 cr on automotive, industrial verticals by 2030

Auto components major SKF India is investing up to Rs 1,460 crore by 2030 following its demerger into separate automotive and industrial entities. The industrial arm, SKF India (Industrial) Ltd, plans Rs 800-950 crore for a new Pune plant and expansion, while SKF Automotive will invest Rs 410-510 crore to boost capacity for India's evolving mobility sector.

from Auto-Industry-Economic Times https://ift.tt/TWzorjI