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SKF India to invest 1.5 bln rupees on Haridwar plant
✍️ 신륭기공 📅 2009.04.30 00:00 👁 31

SKF India to invest 1.5 bln rupees on Haridwar plant

Bearings maker SKF India Ltd (SKFB.BO: Quote, Profile, Research) said on Tuesday it is investing 1.5 billion rupees to set up a plant at Haridwar in Uttarakhand.

The 10-acre plant will be operational by January, 2010 and will employ more than 200 people. It will specifically cater to the automotive market segment in India, SKF said.

The bearing factory will have a production capacity of 40 million bearings, it added. (Reporting by Aniruddha Basu; Editing by Sunil Nair)

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