SKF India (Industrial) Limited on Monday announced an investment of ₹653 crore to establish a next-generation ‘Factory of the Future’ manufacturing facility in Pune, Maharashtra.
The new facility, expected to be ready by 2030, marks a significant step in strengthening the company’s advanced manufacturing footprint in India. The investment reinforces SKF India (Industrial)’s long-term commitment to digitalization, sustainability, and building resilient supply chains
Designed as a lean, clean, and digitally enabled manufacturing campus, the plant is expected to enhance the company’s production capabilities while setting new benchmarks in efficiency, productivity, and sustainability.
The upcoming facility will form a key part of SKF India (Industrial) Limited’s long-term manufacturing strategy and build on its established presence in Pune. It will consolidate existing production channels and add new ones, creating a scalable manufacturing backbone aligned with global best practices.
It will enable faster response times and greater localization as India continues to emerge as a global hub for advanced manufacturing.
SKF India (Industrial) said it continues to combine science, engineering expertise, and smart manufacturing to help industries improve performance with greater agility, efficiency, and scale.
Sujeeth Pai, Director- Manufacturing Operations, for India, Southeast Asia and Middle East (ISEAM), SKF India (Industrial) Limited said, “This is not just capacity expansion, it is about building resilient, agile, and globally competitive manufacturing capabilities anchored in India. By accelerating localisation and strengthening supply chain resilience, we are sharpening SKF India Industrial’s competitive edge, reinforcing India’s rise as one of the world’s leading manufacturing hubs.”
