SKF India Limited has completed its demerger, effective October 1, 2025, resulting in the creation of two independent entities: SKF India Limited (automotive) and SKF India (Industrial) Limited.
As part of this restructuring, Shailesh Kumar Sharma has been appointed Managing Director of the automotive business at SKF India Limited. Under his leadership, the company aims to scale up its manufacturing capacities for electric vehicles (EVs), two-wheelers, and wheel-end bearings across Haridwar, Pune, and Bangalore by 2030.
Speaking on the development, Shailesh Kumar Sharma, Managing Director, SKF India Limited, said: “This demerger marks a strategic leap forward for SKF India. By establishing two purpose-driven entities, we are unlocking sharper focus and operational agility to serve India’s evolving industrial and mobility landscapes. The automotive business of SKF India Limited is poised to accelerate with the EV revolution and premiumisation trends, while delivering differentiated value to our customers, partners, and shareholders in this transformative decade.”
Both entities will operate independently while leveraging SKF’s global innovation and technology ecosystem to drive India’s industrial and mobility transformation.
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