SKF India, a leading auto components company that has split its automotive and industrial operations, intends to invest as much as Rs.1,460 crore by 2030 in both sectors, focusing on capacity enhancement and establishing a new facility.

The firm anticipates that the demerged industrial unit, SKF India (Industrial) Ltd, will be listed by November of this year, pending required approvals.

SKF India Ltd announced in a regulatory filing that the demerger of the industrial business has been finalized, effective October 1, 2025, following the approval of the scheme by the National Company Law Tribunal (NCLT), Mumbai bench.

According to the demerger plan, every shareholder of SKF India Ltd will get one fully paid equity share of SKF India (Industrial) Ltd for each share owned in SKF India Ltd, which will remain the automotive entity, thus maintaining ownership while providing direct access to two complementary growth narratives, the company stated.

SKF India (Industrial) Ltd aims to expand its presence in manufacturing, railways, renewables, cement, mining, and various heavy industries, along with the metals sector, which are essential for India's industrial advancement and energy transformation, it stated.

The statement mentioned that supported by intended investments of Rs.800-950 crore until 2030, the firm will execute considerable channel growth and set up a new manufacturing plant in Pune by 2028.

SKF Automotive, on the other hand, will focus on driving India's mobility shift during a time characterized by electrification, premiumization, last-mile delivery, hybridization, and cutting-edge safety technologies, it stated.

“By 2030, the company intends to invest Rs.410-510 crore across Haridwar, Pune, and Bangalore to increase capacity, addressing the growing demand from OEMs, and solidifying its position as a preferred partner for vehicle manufacturers while enhancing its service and retail network,” it noted.

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Regarding the demerger, SKF India MD Mukund Vasudevan stated, “By establishing two distinct and focused companies, we are aligning ourselves with India’s dual growth drivers, industrialization and mobility.”

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SKF Industrial will enhance its position as a pivotal support for India's manufacturing growth, infrastructure advancement, railway network expansion, and renewable energy (wind) initiatives, he mentioned, noting that SKF Automotive will grow alongside the electric vehicle, last-mile commercial vehicle, and premiumization trends.

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“This framework enhances our capacity to allocate capital efficiently, speed up innovation, and generate unique value streams for clients and shareholders, while significantly aiding India's economic transformation,” Vasudevan remarked.

The demerger was first approved by the company's board in Q4 2024 and subsequently cleared by shareholders and regulators.

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The company offers a range of products around the rotating shaft, including bearings, seals, lubrication management, condition monitoring, and services.