### **Overview** Schaeffler India Ltd is a leading subsidiary of the global Schaeffler Group, one of the world’s largest family-owned industrial enterprises. With over 60 years of presence in India, Schaeffler has established itself as a premier motion technology provider, serving automotive, industrial, and renewable energy sectors. The company operates five manufacturing plants, three R&D centers, and seven sales offices across India, employing over 3,700 people. As of Nov 2025, Schaeffler India is strategically positioned at the forefront of India’s industrial and mobility transformation, leveraging localized manufacturing, digital innovation, and a strong focus on sustainability and 'Make in India'. --- ### **Global Context** - The Schaeffler Group operates in **55 countries** with over **250 locations** and employs approximately **120,000 people**. - It focuses on **motion technology** with core expertise in **electric mobility, CO₂-efficient drives, chassis systems, and renewable energy solutions**. - The group generates around **EUR 16.3 billion in sales annually (2023 data)** and ranks among Germany’s top innovators, filing over 1,250 patents yearly. - Post-acquisition of **Vitesco Technologies (completed Oct 2024)**, Schaeffler has restructured its offerings into **eight product families**: Guide Motion, Transmit Motion, Control Motion, Generate Motion, Power Motion, Drive Motion, Energise Motion, and Sustain Motion — creating integrated system-level solutions. --- ### **Operations in India** #### **Manufacturing & R&D Footprint (as of Nov 2025)** - **5 Manufacturing Plants**: - Pune (automotive and industrial bearings) - Savli, Vadodara (industrial bearings, large-size components) - Maneja, Vadodara (linear guides, special machinery) - Hosur, Tamil Nadu (clutches, drivetrain, e-mobility systems) - Shoolagiri, Tamil Nadu (newest plant, operational H2 2025) - **3 R&D Centers**: - Pune (mechatronics, e-mobility) - Hosur (drivetrain systems) - Vadodara (industrial applications, rail, wind) - **7 Sales Offices & Distribution Network**: - Supported by **over 150 distribution partners**, central and regional warehouses (including the Hosur Mega CDC), and a pan-India logistics footprint. --- ### **Business Segments** Schaeffler India operates under three key divisions: #### **1. Automotive Technologies** - Focus: Development of **internal combustion engine (ICE), hybrid (HEV), and electric vehicle (BEV)** systems. - Key Offerings: - E-axles (supplied for **Tata Harrier.ev**) - Planetary Gear Systems (PGS) for **Dedicated Hybrid Transmission (DHT)** vehicles (locally manufactured in Hosur) - Hydraulic Lash Adjusters (HLA), double clutches, CVJs, and damper solutions - Strategic Moves: - Transition from components to **system-level solutions** (e.g., co-axle, off-axis e-axles) - Increasing content per vehicle via **modular, localized e-axle production** - **Localization push** — shifting production from Europe (e.g., clutch lines from U.K. to Hosur) #### **2. Bearings & Industrial Solutions (B&IS)** - **Largest segment**, contributing ~44% of total revenue. - Products: Bearings (Spherical Roller Bearings up to 720mm OD), Linear Guidance Systems, Cast Steel Housings, adapters, seals, lubrication systems. - Key Markets: - **Wind Energy**: Supplies main shaft and gearbox bearings; expanding to 6–15 MW turbines; Gujarat offshore wind projects under evaluation. - **Railways**: Key supplier for **Vande Bharat Express**, LHB coaches, and Indian Railways electrification; produces **current-insulated bearings** and axle boxes. - **Raw Materials/Heavy Industry**: Spherical, cylindrical, and taper roller bearings for steel, mining, cement, and power plants. - Innovation: - Launched **locally manufactured large SRBs and Cast Steel Housings** with advanced features (sensor integration, auto-lubrication). - Operates **Quick Centre (Vadodara)** for rapid customization of linear guides. - Runs **Bearing Refurbishment Center in Jamshedpur**, promoting circular economy. #### **3. Vehicle Lifetime Solutions (VLS) – Aftermarket Division** - Contributes ~10% of revenue, growing at **9% CAGR (past 5 years)**. - Brands: **INA, FAG, LuK, REPXPERT, TruPower** - Products: Clutch kits, timing belts, FEADs, wipers, engine oils, coolants, transmission fluids. - Key Developments: - Acquired **KOOVERS (Oct 2023)**, a B2B e-commerce platform connecting 7,000+ workshops. - Expanded to **23 cities** via **dark stores and hubs** for same-day delivery. - Launched mobile app **Parts4U** and REPXPERT digital training platform. - **TruPower** lubricants (launched 2020) now sold globally, with flagship products like 5W-30 oil achieving 39% YoY growth. --- ### **Strategic Initiatives & Market Positioning** #### **1. Localization & ‘Make in India’** - Over **68% of revenue** now derived from local production. - Major localization projects: - **E-axle, HLA, SRBs, Class K rail bearings**, and hybrid PGS systems now manufactured in India. - Expansion of outer diameter range, roller capacity, and adoption of **advanced heat treatment and coating tech**. - Investment of **INR 1,700–1,800 crores over 3 years**, including new plant in Shoolagiri and second hall at Savli. - Transition from capex-heavy infrastructure to **capacity utilization and capital efficiency**. #### **2. Electrification and Future Mobility** - A major player in **e-mobility**, with: - **E-axle supply for Tata Harrier.ev** and expanding localization in Talegaon. - Hybrid PGS and modular e-axle platforms for Indian OEMs. - Exploration of **electric two-wheeler systems** and hydrogen fuel cell technologies (via global R&D). - Strategic alignment with Indian government initiatives: **PLI scheme, CAFÉ norms, BS-VI**, and **EV charging infrastructure** targets. - Positioned to benefit from India’s **projected 2.06 million EV charging stations by 2030**. #### **3. Digital Transformation** - **Digital Workplace & Smart Manufacturing**: - Implementation of **SAP S/4HANA**, replacing SAP R/3. - Use of **RPA (PAT tool)** for automated procurement globally. - **Cargo-FL** for real-time shipment tracking and digital proof-of-delivery. - **Smart Products & Services**: - **OPTIME** – Wireless IoT-based condition monitoring (deployed on over **6,000 sensors** in India). - Machine learning algorithms for predictive maintenance (e.g., **Off-time**). - Digital twins and **Global Engineering Simulation Hub** in Vadodara. - **Digital Aftermarket**: - KOOVERS platform enables **e-commerce, data analytics, demand forecasting**, and plug-and-play spare parts distribution. #### **4. Sustainability & Innovation** - **Carbon Neutrality by 2040 (Group Goal)**. - **44% renewable power usage in India (2022)** via rooftop solar and PPAs. - Investments in **circular economy** (bearing refurbishment, reuse of steel). - Developed **Hydron PowerStack electrolyzer** and exploring hydrogen applications. #### **5. Training & Ecosystem Development** - **REPXPERT Program**: - Trained over **1,800 mechanics** via mobile vans and app. - Technical modules available in 35 Indian cities. - Expansion planned to Thailand and APAC. - **Schaeffler Technology Center (Vadodara)**: - Offers modular training on bearings and linear systems. - **Forum of Inspiration**: - Internal innovation platform generating **1,800+ ideas**, with select implementations in production. --- ### **Recent Milestones (Key Developments 2024–2025)** | Month | Key Highlights | |-------|----------------| | **Jul 2025** | E-axle phase expansion at Talegaon; inauguration of 5th plant in Bangalore (clutch & drivetrain) | | **Aug 2025** | Launch of **large Spherical Roller Bearings (720mm OD)** and **Cast Steel Housings** in India | | **Sep 2025** | Class K rail bearings approved; offshore wind evaluation off Gujarat; traction motor bearing rollout for Vande Bharat | | **Oct 2025** | Strengthened global footprint with 120k employees; reaffirmed 8-product-family structure post-Vitesco integration | --- ### **Financial & Market Position (Latest Available: FY2024 and Q1 FY2025)** - **Revenue Breakdown (2023/2024)**: - Bearings & Industrial Solutions: **~44%** - Automotive Technologies: **~34%** - Vehicle Lifetime Solutions: **~10%** - Exports: **12–15%** of sales - **Revenue (2023)**: **INR 72,261 million** - **Aftermarket Growth (2023–2024)**: - VLS grew **3% YoY**, with strong traction in steering, suspension, and lubricants. - KOOVERS turnover grew to **INR 104 crores in 9 months** (Jun–Dec 2024), with INR 43.9 crores in Q3 alone. - **R&D Investment (2022–2024)**: Over **INR 1,000 crores** invested; focus on local innovation. - **Localization Target**: **80% of portfolio localized** by 2026.