Pune: The SKF India Industrial Listing on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) formally marked the debut of SKF India (Industrial) Ltd., the newly demerged industrial business of SKF India (NSE: SKFINDIA).
The event represents a significant step in the company’s long-term strategy as an independent industrial entity.
SKF India Industrial Listing Signals New Phase of Independent Growth
Senior leaders of SKF India (Industrial) attended the NSE listing ceremony, including Mukund Vasudevan, Managing Director, SKF India (Industrial) Ltd. and President – India, Southeast Asia and Middle East.
He stated that the SKF India Industrial Listing marks a pivotal moment in the company’s 102-year legacy in India, enabling improved service to global industrial customers, enhanced product development, and more effective capital allocation.
Also Read: SKF Industrial Advances Localization with INR 800-950 Crore Investment
Restructuring Completed After NCLT Approval
The demerger of SKF India into two standalone entities – SKF India (Industrial) Ltd. and SKF India Ltd. – followed approval from the National Company Law Tribunal (NCLT) in 2025.
The Scheme of Arrangement became effective on 1 October 2025. Under the approved structure, the industrial business – covering bearings, units, condition monitoring solutions, engineering services, and industrial distribution – was transitioned into a separate entity with its own governance and financial framework.
The restructuring establishes two sector-focused, strategically independent organisations aimed at delivering sharper market orientation, agility in decision-making, and long-term value creation.
SKF India Industrial Listing Followed by Investment Commitment of ₹8,000–9,500 Million
Following the SKF India Industrial Listing, the company announced a capital investment plan of ₹8,000–9,500 million through 2030. This investment will drive capacity expansion, localisation of high-value components, and accelerated deployment of advanced technologies across its India operations.
A key part of the investment roadmap is the establishment of a new manufacturing facility in Pune by 2028, designed to strengthen the industrial supply chain and meet demand across key sectors including railways, renewables, cement, metals, heavy engineering, and manufacturing.
Also Read: SKF India Demerger: SKF Industrial Plans INR 950 Crore Investment, Pune Plant by 2028
Strengthening Global R&D and Innovation from India
India will continue to anchor SKF’s global innovation ecosystem through the Global Technical Centre in Bengaluru (GTCI). The centre supports global R&D programmes focused on rotating equipment performance, digital engineering, and AI-led industrial applications.
The company also plans to expand its engineering, digital, and software talent pool as part of its global development strategy.
Localisation and Manufacturing Expansion to Boost Supply Chain Resilience
SKF India (Industrial) Ltd.’s localisation strategy aims to build a more resilient value chain with faster customer response and reduced lead times.
The company is integrating sustainability, precision manufacturing, and digital capabilities across its operations to support India’s economic growth and meet rising industrial demand across Southeast Asia.
