New ‘Factory of the Future’ to Strengthen Advanced Manufacturing Capabilities
New Delhi, February 16: SKF India (Industrial) on Monday announced an investment of ₹653 crore to establish a new manufacturing facility in Pune, marking a major expansion of its production footprint in the country.The upcoming plant, which is expected to be operational by 2030, is positioned as a “Factory of the Future” and is aimed at enhancing the company’s advanced manufacturing capabilities in India. The investment underscores SKF India’s long-term focus on digitalization, sustainability, and building resilient supply chains.
Long-Term Commitment to India’s Manufacturing Growth
According to the company, the new facility reflects its strategic commitment to India’s evolving manufacturing landscape. The plant is designed to align with next-generation industrial practices, supporting both operational efficiency and technological advancement.
Sujeeth Pai, Director Manufacturing Operations for India, Southeast Asia and Middle East at SKF India (Industrial), said the planned facility demonstrates the company’s confidence in India’s manufacturing potential.
“The planned ‘Factory of the Future’ in Pune reflects our belief that India’s manufacturing moment is now, and SKF India Industrial intends to lead it,” Pai stated.
Focus on Critical Industries and Localization
The proposed Pune plant is expected to deepen SKF India’s support for critical sectors such as energy, railways, metals and mining, along with other heavy industries. By expanding local production capabilities, the company aims to improve response times and enhance localization across key markets.
The investment comes at a time when India is increasingly positioning itself as a global hub for advanced manufacturing. Through this expansion, SKF India (Industrial) seeks to strengthen its supply chain resilience while aligning with the country’s broader industrial growth trajectory.
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