SKF India Group, following its demerger into automotive and industrial entities, plans to invest up to Rs 1,460 crore by 2030 to expand capacity and establish a new plant.

The industrial arm, SKF India (Industrial) Ltd, will invest Rs 800-950 crore to build a new manufacturing facility in Pune by 2028 and focus on sectors such as manufacturing, railways, renewables, cement, mining, and metals, supporting India’s industrialization and energy transition. Meanwhile, SKF Automotive will invest Rs 410-510 crore by 2030 across Haridwar, Pune, and Bangalore to enhance capacity and serve the evolving mobility sector driven by electrification, premiumisation, hybridisation, and advanced safety technologies.

The demerged industrial entity is expected to be listed by November 2025. This strategic move aims to offer shareholders direct exposure to two complementary growth areas while reinforcing SKF’s role in India’s manufacturing and mobility transformation.