SKF To Infuse Rs 150Cr In Uttarakhand Plant

Mumbai: SKF India will be investing over Rs 150 crore in establishing a new manufacturing site in Haridwar, Uttarakhand. Situated over an area of 40,000 sq.m, the new bearing factory is likely to increase the existing ball bearing capacity by more than one-third. Uttarakhand is an emerging industrial hub within the country. SKF''s move to increase production capacity signifies its commitment to serve its customers effectively. In February this year, the company unveiled its range of power transmission products offering customers an integrated solution for all their transmission needs.