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SKF India Limited has completed its Demerger, is effective since October 1, 2025, resulting in two independent institutions: SKF India Limited (Automotive) and SKF India (Industrial) Limited.
As part of this reorganization, Shailesh Kumar Sharma has been appointed as Managing Director of Automotive Business at SKF India Limited. Under his leadership, the company aims to increase its manufacturing capabilities for electric vehicles (EVS), two-wheel vehicles and wheel-end bearings by 2030.
Speaking on development, SKF India Limited Managing Director Shailesh Kumar Sharma said: “This Demerger pursues a strategic jump for SKF India. By setting up two objective institutions, we are unlocked sharp focus and operating agility to serve India’s developed industrial and mobility landscape. For our customers, partners and shares in this decade.
Both institutions will work independently, taking advantage of SKF’s global innovation and technology ecosystem to run India’s industrial and dynamics change.