Schaeffler India

What Schaeffler India does

Schaeffler India Limited is a publicly listed (BSE/NSE: SCHAEFFLER) motion technology company headquartered in Pune, and the listed Indian subsidiary of the Germany-based Schaeffler Group. It manufactures and distributes precision components across four core divisions: E-Mobility (including e-axles such as the unit supplied for the Tata Harrier.ev), Powertrain & Chassis (engine, transmission, and chassis components for ICE, hybrid, and electric vehicles), Vehicle Lifetime Solutions (automotive aftermarket, with the Schaeffler TruPower and LuK sub-brands), and Bearings & Industrial Solutions (rolling and plain bearings, linear and direct drive technology, condition monitoring, and solutions for wind, rail, construction, agriculture, and aerospace). Its technology stack rests on Schaeffler Group IP — INA, FAG, X-life bearing lines, LuK clutches, OPTIME condition monitoring, and REPXPERT training — augmented by the 2024 parent-level integration of Vitesco Technologies, which has added e-mobility and electronic components (ECUs, injectors, controllers) to the India portfolio.

Schaeffler India operates five manufacturing plants (Pune, Vadodara's Maneja and Savli complexes, Hosur, and Talegaon in Pune district), three R&D centers, five sales offices, and a ~32 PFLOPs high-performance computing research facility at the IISc Bengaluru FSID campus under a Master Research Agreement. The business is hardware-led: direct OEM engagement for automotive technologies and industrial solutions, plus replacement-parts revenue through 300+ authorized distributors under the Schaeffler PartnerProgram, tens of thousands of retail outlets, and the wholly-owned B2B spare parts platform Koovers (acquired 2023, ~1.9 million SKUs). Pricing is quote-based and negotiated by volume and specification; 80% of production is localized for the Indian market.

CY2025 standalone revenue was Rs 9,395.32 crore (~USD 1.1B at ~84 INR/USD) with 26.93% YoY growth and Rs 1,196 crore in standalone net profit; Q1 CY2026 grew 18.8% YoY. The company carries a market capitalization of ~Rs 66,500 crore and announced a record dividend. Strategic priorities are EV localization (Rs 4,500 crore cumulative capex through 2030), regulatory positioning (industry-first BIS certification for cylindrical roller bearings and deep groove ball bearings), R&D deepening via IISc, and aftermarket electronification. Operational risk is flagged by a CO2 gas leak incident at the Talegaon MIDC facility that caused two worker fatalities and led to criminal proceedings against company officials.

Name

Schaeffler India

Legal name

Schaeffler India Limited

Website

https://schaeffler.co.in

Company type

Public

Founded year

1962

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Schaeffler India Limited is a publicly listed manufacturer of precision motion technology products — bearings, powertrain and chassis systems, e-mobility components, and industrial bearings — serving automotive OEMs, industrial sectors, and aftermarket distributors across India and select export markets.

Ownership category

akta.pro rank

Product category

Automotive Components & Industrial Bearings

NAICS

Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (336330), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (33633), Motor Vehicle Brake System Manufacturing (336340), Motorcycle, Bicycle, and Parts Manufacturing (336991), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320)

SIC

Motor Vehicle Parts & Accessories (3714), Ball & Roller Bearings (3562), Motorcycles, Bicycles & Parts (3751), Wholesale-Motor Vehicle Supplies & New Parts (5013)

akta.pro primary industry

Wheel Hubs, Bearings & Knuckles (Hubs/Bearings/Spindles/Knuckles) (IMACAIAI)

akta.pro secondary industries

Steering Systems & Components (Columns/Racks/EPS Pumps & Motors) (IMACAIAB), Clutch, Torque Converter & Flywheel Manufacturing (IMACAHAI), Wheels, Tires, Brakes & Suspension Components Manufacturing (IMACAOAH)

Keywords

• Automotive components manufacturing
• Industrial bearings solutions
• E-mobility powertrain systems
• Automotive aftermarket parts
• Motion technology engineering

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Automotive Technologies: Original equipment manufacturing of precision components and systems for engine, transmission, and chassis applications for automotive OEMs including electrification solutions
2. Bearings & Industrial Solutions: Rolling and plain bearing solutions, linear and direct drive technology for industrial applications including wind, rail, construction machinery, agriculture, aerospace
3. Vehicle Lifetime Solutions (Aftermarket): Replacement parts business delivering innovative repair solutions in original-equipment quality through 300+ distributors and retail outlets
4. Research & Development Services: Master Research Agreement with IISc for collaborative research and development activities

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Schaeffler India manufactures and supplies high-precision motion technology components including rolling and plain bearings, powertrain and chassis systems, and e-mobility solutions (e.g., e-axles for EVs) to automotive OEMs and industrial manufacturers. It also operates a vehicle lifetime solutions aftermarket business delivering replacement parts and condition monitoring (OPTIME) through 300+ authorized distributors and tens of thousands of retail outlets across India.

Product overview

Schaeffler India operates as a motion technology company offering an integrated portfolio organized into four core divisions: E-Mobility (electrification solutions), Powertrain & Chassis (engine, transmission, and chassis components for ICE, hybrid, and electric vehicles), Vehicle Lifetime Solutions (automotive aftermarket with brands like Schaeffler TruPower and LuK), and Bearings & Industrial Solutions (rolling/plain bearings, linear technology, and condition monitoring including OPTIME and X-life products). The company serves automotive OEMs and industrial customers across sectors including wind energy, rail, construction, agriculture, and aerospace. The portfolio includes acquired subsidiary Koovers (B2B spare parts marketplace) and extends into electronics with planned ECU/injector offerings for the aftermarket. The REPXPERT training ecosystem supports workshop technicians across vehicle segments.

Differentiator

Problem solved

Functional benefit

Brands

• REPXPERT: Training ecosystem for workshops and mechanics supporting new-age mobility solutions
• Schaeffler TruPower
• OPTIME
• LuK
• INA
• FAG

Products and services

• E-Mobility Solutions Solutions across the entire spectrum of electrification possibilities for electric and hybrid vehicles, including e-axle systems supplied to automotive OEMs such as Tata Motors for the Harrier.ev.
• Powertrain & Chassis Systems Groundbreaking products for engine, transmission, and chassis applications serving vehicles with internal combustion engines, hybrids, and electric powertrains.
• Vehicle Lifetime Solutions (Automotive Aftermarket) Replacement parts business delivering innovative repair solutions in original-equipment quality, supporting vehicle lifecycle management across multiple segments.
• Bearings & Industrial Solutions Rolling and plain bearing solutions, linear and direct drive technology, and related services including maintenance products and monitoring systems for industrial applications across wind, rail, construction, agriculture, and aerospace.
• OPTIME Condition Monitoring Solution Cost-efficient condition monitoring solution for industrial applications, enabling predictive maintenance and equipment reliability.
• X-life High-Performance Bearings High-performance bearing product line offering extended service life and enhanced load ratings for industrial applications.
• Schaeffler TruPower Aftermarket Parts Aftermarket product line under Vehicle Lifetime Solutions offering high-quality spare parts distributed through authorized distributors and retail outlets across India.
• Koovers B2B Spare Parts Marketplace B2B automotive spare parts marketplace operating as an app-based platform covering 1.9 million SKUs for OEM and aftermarket parts, providing pan-India digital distribution for car spare parts.
• Wind Energy Industry Solutions Comprehensive bearing and component solutions for wind energy applications including rotor shaft, gearbox, generator, and tracking systems.
• Rail Industry Bearing Solutions Bearing solutions for railway applications including traction motors, gearbox bearings, axlebox bearings for freight and passenger cars, and mechatronics.
• Two-Wheeler Aftermarket Spare Parts Range Dedicated two-wheeler spare parts range for the Indian aftermarket including bearings, fuel injectors, clutch plates, engine oil, and brake pads, with EV-ready repair solutions.
• REPXPERT Training Ecosystem Training programme and mobile van initiative designed to support workshops and mechanics servicing new-age mobility solutions including EVs, hybrids, and traditional vehicles.

Quantifiable outcome

• Rs 9,395 crore revenue in CY2025 with 26.93% YoY growth
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• IIM Ahmedabad (IIMA Ventures)coreStrategic or Co-development Partner · 15 July 2026IIM Ahmedabad's IIMA Ventures delivers the 24-week venture development programme for Schaeffler India's Social Innovation Fellowship, providing mentorship to young social innovators selected for Rs 2 lakh grants each.
• Indian Institute of Science (IISc) BengalurucoreStrategic or Co-development Partner · 13 May 2026Schaeffler India signed Master Research Agreement with IISc and installed computational research infrastructure at FSID (Foundation of Science Innovation and Development). Facility provides ~32 PFLOPs of peak performance combining CPUs and GPUs for materials, energy systems, and sustainable mobility research. Aims to benefit faculty, startups, MSMEs, PhD scholars, and industry partners.
• KooverscoreStrategic or Co-development Partner · 1 January 2023B2B automotive spare parts marketplace fully acquired by Schaeffler India in 2023. Koovers operates as a digital platform covering 1.9 million SKUs for OEM and aftermarket parts, expanding Schaeffler's aftermarket digital reach with pan-India distribution infrastructure.

Scale indicators15 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• SKF India: Direct competitor in ball and roller bearings in India, serving overlapping automotive OEMs and industrial segments; closest competitor to Schaeffler's bearings franchise in the Indian market.
• Timken India: Tapered roller bearings and power transmission products serving Indian automotive and industrial OEMs — directly competes with Schaeffler's bearing portfolio across truck, rail, and industrial applications.
• NTN Bearing India: Indian subsidiary of Japan-based NTN, manufacturing ball/roller bearings for automotive and industrial customers; direct head-to-head competitor in OEM supply and aftermarket.
• JTEKT India: Indian arm of Japanese JTEKT, producing bearings, steering systems and driveline components — overlaps significantly with Schaeffler India in steering and chassis components.
• Bosch India: Large Indian automotive components manufacturer covering injectors, ECUs, and powertrain electronics — competes with Schaeffler's expanding electronics portfolio (Vitesco-integrated ECUs and controllers).
• Motherson Sumi (Samvardhana Motherson): Major Indian automotive component manufacturer serving passenger and commercial vehicle OEMs globally — comparable scale and product breadth in auto components and aftermarket.
• Endurance Technologies: Indian automotive components maker specializing in braking systems, suspension, and transmission components — competes directly with Schaeffler's chassis and powertrain business at Indian two-wheeler and passenger car OEMs.
• Sundram Fasteners: Indian listed auto component manufacturer producing fasteners, powertrain and engine components for automotive OEMs — comparable product overlap on powertrain and industrial fastening solutions.
• Tata AutoComp Systems: Indian automotive components player with broad portfolio across powertrain, electronics, and chassis; particularly relevant as a Tata Group supplier that intersects with Schaeffler's Tata Harrier.ev e-axle relationship.

Broad incumbents

• Bharat Forge: Indian auto component leader with broader powertrain, chassis, and industrial forging exposure; comparable scale and listed auto-ancillary peer but more diversified outside bearings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/schaeffler-india
• Xx.com/schaefflergroup

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about Schaeffler India