SKF India Industrial to set up new Pune plant, cost around 653.5 crore
SKFINDUS · price
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Board of SKF India Industrial approved setting up a new factory at Pune, Maharashtra. Project period 2026 to 2030 with estimated cost of 6,535 million rupees (about 653.5 crore). To be funded through internal accruals with no external borrowing. The new plant will host 12 existing product channels and add 8 new ones, focused on lean, clean and digital manufacturing with better efficiency than the current Pune facility.
Self-funded capex signals growth focus with no dilution risk. Watch execution and capacity ramp-up through 2030.