Optimistic about growth
to 320 mm. For the commercial vehicle industry, the company supplies a wide variety of bearing types including tapered roller bearing, insert units, hub units, axle modules, etc. The company also supplies seals and sealing kits for heavy commercial vehicles. The wheel bearing repair set WheelPro, which the company offers, is a part of the range of wheel bearing sets that cater mainly to trucks.
Well aware of the continuing replacement demand in the medium and heavy commercial vehicle segment apart from the return of light commercial vehicles to positive, FAG Bearings India has benefited from an investment of Euro 150 million undertaken by the Schaeffler Group over the last three to four years. Almost half of the Euro 150 million were invested in the construction of the FAG Savli plant, which went on stream in 2012. Some amount was also invested in the modernisation and expansion of the Vadodara plant. Involving the expansion of other Group plants at Pune and Hosur, the Euro 150 million investment, claim industry sources, is in-line with the Group’s strategy to strengthen the manufacturing footprint in India as well as continuous development of R&D and advanced engineering capability, FAG Bearings India products find use in crucial assemblies and modules like drivetrain and chassis. These are known to be not just crucial to the safe and smooth functioning of an automobile, but also subject to adaptation and design changes to meet the local demands.
Catering to passenger vehicles,