SKF India to Invest Rs 14.60 Bn Post Demerger by 2030

06 Oct 2025 CW Team

The company recently completed the demerger of its industrial business, effective October 1, 2025, following approval from the National Company Law Tribunal (NCLT), Mumbai Bench. The demerged entity, SKF India (Industrial), is expected to be listed by November 2025, subject to regulatory clearances.

Under the approved scheme, shareholders of SKF India will receive one fully paid equity share of SKF India (Industrial) Ltd for every share held in SKF India. The original entity will continue as SKF Automotive, allowing investors exposure to two distinct yet complementary growth areas.

SKF India (Industrial) will focus on key sectors including manufacturing, railways, renewables, cement, mining, and metals, which underpin India’s industrialisation and energy transition. The company plans to invest Rs 8–9,50 billion through 2030, including the establishment of a new manufacturing facility in Pune by 2028 and expanding distribution channels.

Meanwhile, SKF Automotive will centre its efforts on India’s evolving mobility transformation, emphasising electrification, hybridisation, last-mile delivery, premiumisation, and advanced safety technologies. The business will invest Rs 4.10–5.10 billion by 2030 across its Haridwar, Pune, and Bangalore facilities to meet growing OEM demand and strengthen its service and retail network.

Commenting on the development, Mukund Vasudevan, Managing Director, SKF India, said, “By creating two focused and independent companies, we are aligning ourselves with India’s twin growth engines — industrialisation and mobility. This structure strengthens our ability to allocate capital effectively, accelerate innovation, and create distinct value streams for customers and shareholders.”

The demerger was initially approved by the company’s board in Q4 2024 and subsequently cleared by shareholders and regulators. SKF India continues to offer an extensive range of products around the rotating shaft, including bearings, seals, lubrication management, condition monitoring, and related services.

News source: Business Standard

Auto component major SKF India has announced plans to invest up to Rs 14.60 billion by 2030 across its newly demerged automotive and industrial businesses. The investment will focus on capacity expansion, channel development, and establishing a new manufacturing facility.The company recently completed the demerger of its industrial business, effective October 1, 2025, following approval from the National Company Law Tribunal (NCLT), Mumbai Bench. The demerged entity, SKF India (Industrial), is expected to be listed by November 2025, subject to regulatory clearances.Under the approved scheme, shareholders of SKF India will receive one fully paid equity share of SKF India (Industrial) Ltd for every share held in SKF India. The original entity will continue as SKF Automotive, allowing investors exposure to two distinct yet complementary growth areas.SKF India (Industrial) will focus on key sectors including manufacturing, railways, renewables, cement, mining, and metals, which underpin India’s industrialisation and energy transition. The company plans to invest Rs 8–9,50 billion through 2030, including the establishment of a new manufacturing facility in Pune by 2028 and expanding distribution channels.Meanwhile, SKF Automotive will centre its efforts on India’s evolving mobility transformation, emphasising electrification, hybridisation, last-mile delivery, premiumisation, and advanced safety technologies. The business will invest Rs 4.10–5.10 billion by 2030 across its Haridwar, Pune, and Bangalore facilities to meet growing OEM demand and strengthen its service and retail network.Commenting on the development, Mukund Vasudevan, Managing Director, SKF India, said, “By creating two focused and independent companies, we are aligning ourselves with India’s twin growth engines — industrialisation and mobility. This structure strengthens our ability to allocate capital effectively, accelerate innovation, and create distinct value streams for customers and shareholders.”The demerger was initially approved by the company’s board in Q4 2024 and subsequently cleared by shareholders and regulators. SKF India continues to offer an extensive range of products around the rotating shaft, including bearings, seals, lubrication management, condition monitoring, and related services.News source: Business Standard

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..