Thursday, April 8, 2010

SKF to expand Capacity in India

7 April 2010 - Swedish industrial company SKF AB said today it will open two new manufacturing plants in India this week due to growing demand.

Following the move, the company will have a total five plants in India.

Today, SKF is inaugurating a facility in Haridwar, in the northern Indian state of Uttarakhand. The plant, which will have some 200 employees, will mainly serve the two wheeler manufacturers in Uttarakhand. The investment amounts to some SEK250m.

The second plant, located in Ahmedabad, in the western state of Gujarat, will open tomorrow. The facility will manufacture medium-size to large bearings for the railways, wind and heavy industries and will employ some 300 people when full capacity is reached. SKF has invested some SEK450m in the plant.

At the end of 2009, the Swedish company inaugurated a global testing centre in Bengaluru, southern India, and a solution plant in Pune, in the western part of the country.

Source: Tradingmarkets.com

2 comments:

sachin said...

The new Wagon R is fuelled by passion and the power of an all new K-series engine. five sheter car .
wheel all parts very costly and you can get this parts my online store.
Truck Wheel

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