SKF India builds bearing plant in Haridwar

SKF India Ltd, a solutions provider of bearings, seals and related products, has started constructing a manufacturing site in Haridwar, Uttarakhand, which is expected to be operational by January 2010. The 1,500-million INR project, is anticipated to employ more than 200 people. Situated over an area of 10 acres, the factory will have a production capacity of 40 million deep groove ball bearings for the automotive and manufacturing sector. Rakesh Makhija, managing director, said, "The last few months have been challenging for the economy. We continue to be very positive on the Indian market. This expansion is a step higher towards demonstrating SKF''s commitment to being a market leader. Uttarakhand is an emerging industrial hub in the country. SKF''s strategic move to increase production capacity through the Haridwar plant signifies our commitment to serve our customers effectively and will allow SKF to further increase its share in the developing two-wheeler and automotive market."Buty sportowe Nike