Global industrial and automotive provider Schaeffler India inaugurated a brand new manufacturing unit at Savli, Vadodara in Gujarat on Wednesday.
The unit would add capacity for small and medium-size merchandise, the corporate mentioned including the enlargement was an important step in the direction of driving the corporate’s localisation technique and assembly the rising calls for of the market.
Dr. Stefan Spindler, CEO Industrial, Schaeffler AG, mentioned, “We recognise 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 Ltd, added, “ 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.”