SKF India

What SKF India does

SKF India Industrial Limited is the Indian subsidiary of the Swedish bearings and sealing solutions group AB SKF. Incorporated in India and listed on NSE/BSE (INE640A01023) following a January 2026 demerger that separated its automotive and industrial businesses, the company manufactures and sells bearings, sealing solutions, and related industrial components to automotive OEMs, industrial customers, and the automotive aftermarket across the ISEAM region (India, Southeast Asia, Middle East). Its product portfolio spans core bearing lines, the newly launched CeraDrive hybrid ceramic bearing technology, sensorized smart bearings, condition monitoring systems, and the world's first commercial fibre-optic load-sensing bearing developed jointly with Flowserve, Shell, and Proximion.

The company's commercial model combines direct OEM supply — using early-stage collaboration and simulation-led development to embed SKF parts in customer designs — with aftermarket distribution aligned to European standards. Revenue is generated primarily through hardware sales of bearings and sealing components (Bearing and Component Sales stream). FY26 standalone revenue reached Rs 2,129.59 crore, up 15.4% year-over-year, though FY26 profit before tax declined 33.8% to Rs 235 crore on one-time demerger and regulatory costs. Q4 FY26 standalone revenue was Rs 594.54 crore (+20.7% YoY), with consolidated quarterly revenue of Rs 945.72 crore (+31.23% YoY).

SKF India is positioning for electrification and Industry 4.0 demand with a Rs 6,530 million 'Factory of the Future' investment in Pune, a Rs 800-950 crore capital plan through 2030, and a publicly stated five-year revenue target of approximately Rs 4,500 crore. Its parent AB SKF retains strategic control post-demerger, providing continuity of global R&D and capital, while incremental leadership appointments through 2026 — including regional heads for IT, Digitalization, and Global Capability Centre operations — underscore a regional buildout around the Indian entity.

Name

SKF India

Legal name

SKF India Industrial Limited

Website

https://skf.com

Company type

Public

Founded year

1923

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SKF India Industrial Limited, the Indian arm of AB SKF, manufactures and sells bearings, sealing solutions, and sensorized components to automotive OEMs, industrial customers, and the aftermarket across the ISEAM region.

Ownership category

akta.pro rank

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Bearing and Component Sales: Manufacturing and sale of bearings, sealing solutions, and industrial components for automotive and industrial applications. Revenue generated from OEM supply and aftermarket distribution.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels3 records

Core offering

SKF India manufactures and sells bearings, sealing solutions, and industrial components for automotive OEMs and industrial sectors. The portfolio includes hybrid ceramic bearings (CeraDrive), sensorized smart bearings, condition monitoring systems, and industrial sealing solutions. Following the January 2026 demerger, operations are split into separate automotive and industrial businesses focused on electrification, automation, and digitalization.

Product overview

SKF India operates as a bearing and industrial solutions company offering a portfolio of products including hybrid ceramic bearings (CeraDrive), sensorized smart bearings, condition monitoring systems, industrial sealing solutions, and an automotive aftermarket portfolio. Following the January 2026 demerger, operations are split into separate automotive and industrial businesses. The company focuses on technology-led innovation in electrification, automation, and digitalization, with investments in Industry 4.0 practices.

Differentiator

Problem solved

Functional benefit

Brands

• CeraDrive: Next-generation motor solution built on advanced hybrid ceramic bearing technology combining steel and silicon nitride components, designed to reduce industrial motor downtime, lower maintenance costs, and improve energy efficiency.

Products and services

• CeraDrive
• Sensorized Bearings
• Condition Monitoring Systems
• Load-Sensing Bearing with Fibre Optic Technology
• Sealing Solutions
• Automotive Aftermarket Portfolio

Quantifiable outcome

• Up to 99% protection against electrical erosion with CeraDrive hybrid ceramic bearings
• +5 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Tenute SrlcoreStrategic or Co-development Partner · 9 November 2022Acquisition completed by SKF to strengthen sealing solutions offerings for heavy and process industries. Tenute Srl is a developer and manufacturer of sealing solutions for industrial applications, now integrated into SKF's Seals business.
• FlowservecoreStrategic or Co-development PartnerJoint development partnership to create the world's first commercial load-sensing bearing using fibre optic technology. The collaboration later involved Proximion and was supported by Shell. Product transitioned from R&D to market-ready in one year.
• ShellcoreStrategic or Co-development PartnerCollaborative partner in joint development of load-sensing bearing technology alongside Flowserve and Proximion, supporting the transition from R&D to commercial product.
• ProximioncoreStrategic or Co-development PartnerPartner in the load-sensing bearing development project with Flowserve and Shell, contributing to the world's first commercial load-sensing bearing using fibre optic technology.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Schaeffler India: Indian arm of the German Schaeffler Group, manufacturing ball/roller bearings, automotive components, and industrial solutions for OEMs and aftermarket in India — directly comparable product portfolio, customer segments, and distribution model to SKF India.
• Timken India: Indian subsidiary of Timken focused on tapered roller bearings, engineered bearings, and power transmission products serving automotive, industrial, and railways customers; directly competes with SKF India in OEM and industrial aftermarket channels.
• NRB Bearings: India's largest pure-play bearing manufacturer offering needle, ball, roller, and specialty bearings for automotive OEMs, two-wheelers, and industrial applications — directly comparable product mix and Indian OEM customer base to SKF India.

Broad incumbents

• SKF Group (AB SKF): Swedish global parent and the world's largest bearing manufacturer offering the full bearings, seals, lubrication, and condition-monitoring portfolio across all geographies; comparable as the broader incumbent whose technology and brand SKF India leverages.
• NSK Ltd: Japanese global bearing manufacturer with strong presence in automotive OEM, industrial machinery, and aftermarket channels worldwide; competes with SKF India across both product lines and the broader Indian automotive/industrial market.
• NTN Corporation: Japanese bearing and drivetrain specialist with global manufacturing and a large Indian presence through NTN-SNR; competes across ball/roller bearings, hub units, and EV/electric motor applications similar to SKF India.
• JTEKT Corporation: Japanese bearing and steering systems manufacturer serving automotive OEMs and industrial customers globally; competes in similar bearing categories and EV/hybrid motor applications as SKF India.
• Nachi-Fujikoshi: Japanese manufacturer of bearings, cutting tools, and hydraulic equipment with a global footprint supplying automotive and industrial OEMs — comparable as another broad incumbent in the global bearing industry.
• Trelleborg Sealing Solutions: Global leader in polymer-engineered sealing solutions for industrial and process industries; directly comparable to SKF India's sealing business (including acquired Tenute Srl) for heavy and process-industry customers.

Others

• Bosch India: Major Indian automotive components supplier across powertrain, electricals, and aftermarket; comparable as a Tier-1 automotive/industrial component peer serving many of the same OEM and industrial customers as SKF India, though with a different product focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/skfindia

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SKF India