By BasisPoint Insight
May 30, 2025 at 8:34 AM IST
Schaeffler India Ltd. on Wednesday said it has inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu.
The 16,500-square-metre plant will focus on producing powertrain and chassis components, along with advanced automotive technologies. It is part of the company’s strategy to capitalise on rising demand from the auto sector, Schaeffler said in an exchange filing.
The new facility will serve as a hub for manufacturing both conventional and electrified powertrain systems, including planetary gear systems, hybrid transmission components, and emerging innovations. The plant will primarily cater to the Indian market.