SKF India Accelerates Growth with Strategic Demerger

SKF India is gearing up for substantial growth following the demerger of its automotive and industrial divisions. The company aims to invest up to Rs 1,460 crore by 2030 in expanding capacities and establishing a new plant.

The newly formed SKF India (Industrial) Ltd is set to be listed by November, pending necessary approvals. The split took effect on October 1, 2025, following the National Company Law Tribunal's sanctioning of the scheme. Shareholders will receive equivalent shares in the new industrial entity, maintaining ownership and presenting two distinct growth opportunities.

Focused investments of Rs 800-950 crore will drive growth in sectors like renewables, cement, and mining. Meanwhile, SKF Automotive will support the mobility transformation with investments between Rs 410-510 crore, targeting electrification and advanced safety technologies.

(With inputs from agencies.)