Schaeffler India Limited has informed the Exchange regarding a press release dated May 28, 2025, titled "Schaeffler India strengthens manufacturing footprint with inauguration of its fifth facility in Shoolagiri, Tamil Nadu".
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Schaeffler India has inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, dedicated to producing conventional and hybrid powertrain components, including planetary gear systems and hybrid transmission parts. The facility sits on a 108,000 sqm land plot, with Phase 1 covering 16,500 sqm expected to reach full ramp-up by Q4 CY2025. The company has invested ₹1,700 crore over the past three years (2022–2024) to expand local capabilities, exceeding its initial ₹1,500 crore commitment. The facility incorporates green features such as zero liquid discharge, rainwater harvesting, and 100% LED lighting, aligning with the company's Make in India focus and E-mobility transition. With this addition, Schaeffler India now operates five manufacturing plants and three R&D centers in the country, supported by over 3,700 employees.
This expansion strengthens Schaeffler India's manufacturing capacity and positions it to capture growing demand in both conventional and electrified powertrain segments, supporting future revenue growth and reinforcing its competitive edge in the Indian automotive market.