The manufacturing industry in India is also undergoing a dramatic shift, with companies investing heavily in digital and sustainable manufacturing. In this context, SKF India (Industrial) Limited has announced an investment of Rs 653 crore in the development of a next-generation ‘Factory of the Future’ in Pune. But what does this mean for India’s vision of becoming a global leader in advanced manufacturing?
Major investment in Pune:
SKF India (Industrial) Ltd has announced the setting up of a new digitally enabled manufacturing campus in Pune, Maharashtra, with an investment of Rs 653 crore. This new facility is expected to be completed by 2030 and represents a major expansion of the company’s advanced manufacturing capabilities in India.
The new manufacturing facility is planned to be a lean, clean, and highly digitalized production facility, which will help to improve efficiency, productivity, and sustainability. This new initiative also represents the company’s long-term commitment to digitalization, resilient supply chains, and environmentally responsible manufacturing practices.
Leadership on the vision:
Sujeeth Pai, Director – Manufacturing Operations, India, Southeast Asia, and Middle East (ISEAM), SKF India (Industrial) Limited stated, “The proposed ‘Factory of the Future’ in Pune embodies our vision that the ‘manufacturing moment’ for India is now, and SKF India Industrial is poised to lead the charge. The proposed factory is a complete digital and sustainability-integrated facility and marks a paradigm shift in our manufacturing philosophy by embracing intelligent systems, real-time analytics, and energy-efficient manufacturing practices to achieve greater productivity, quality, and responsiveness. This is more than a capacity expansion; it is about creating robust, agile, and globally competitive manufacturing prowess in India. By leapfrogging localization and making our supply chains more resilient, we are further honing the competitive advantage of SKF India Industrial, solidifying India’s position among the top global manufacturing destinations.”
Enhancing future capabilities:
The new facility will help integrate existing production capabilities with new ones, thus providing a scalable manufacturing infrastructure that is in line with global best practices. SKF India (Industrial) believes that the new facility will help improve its capability to support critical sectors like energy, railways, metals, and mining, among others.
The company’s strategy to set up the new facility is to provide faster response times, greater localisation, and improved operational resilience to support the evolving Indian industrial landscape.
