SCHAEFFLER · price
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Schaeffler India has announced the opening of a high-performance computational research infrastructure at the Foundation for Science Innovation and Development (FSID) in Bengaluru, in partnership with the Indian Institute of Science (IISc). The facility will include dedicated lab space, advanced cooling systems, power backup, and hybrid computing clusters with a peak performance of around 32 PFLOPs. The company has also signed a Master Research Agreement (MRA) with IISc for future research projects. This initiative is funded through Schaeffler India's CSR programme called HOPE and will support research in materials, energy systems, and sustainable mobility.
This is a CSR-driven research collaboration with no direct impact on shareholder value or stock price in the near term. It reflects the company's commitment to academia-industry partnerships and skill development in India.