It will also invest in its human resource capital and increase its staff strength of 2,089 by 10 per cent over the next three years.
Schaeffler India consists of internationally known brands of LUK, INA and FAG and manufacturer & supplier of ball and roller bearings, clutch and clutch releasing systems, engine and transmission components in India. It operates a clutch manufacturing plant at LUK India in Hosur, manufactures engine and transmission elements at INA India in Pune and ball and roller bearings at FAG India at Vadodara. Briefing reporters, Schaeffler India President Anil Shah said Schaeffler India produces over 110 million parts per year for Indian market through its three local production facilities.
Published 07 January 2010, 15:44 IST