With a legacy of over seven decades of innovation, growth and value creation, our parent, Schaeffler AG, has invaluable expertise across all its business segments. Its global presence and relentless focus on creating high-quality, technology-driven products provide the company with a strong competitive advantage. Through its constant support, the parent company acts like a guiding star for us – ensuring that we stay on the right path of progress.
We are a leading industrial and automotive supplier in India, offering a wide portfolio of solutions under the product brands LuK, INA and FAG. Supported by an effective distribution network, customer servicing practices and brand resonance, we are able to respond to the changing needs of our business and our customers. With our unwavering focus on innovation, we are developing advanced products and technologies, and are ready for the future.
The passion to drive disruption with new, innovative products is ingrained in the Group’s DNA. We bring some of these innovative products to India (for varied sectors including two wheelers, tractors, commercial vehicles and railways), customise them to fit the needs of our customers to infuse newer technologies that benefit the industry as a whole. At our recently launched R&D and incubator centres, we are developing local competencies for the Indian market.
We have always maintained an unwavering focus on scale and profitability. We will continue our endeavour to remain debt-free, while achieving our targets on the back of strong cash flows. Our focus on optimising resources further enables us to achieve improved financial performance. As a result, we have enjoyed healthy financials and continue to deliver high return ratios on a consistent basis.
We offer diversified, complementary products across all our business segments, which cater to a large and varied set of consumers. In addition, we are also focused a wide range of service suit and maintenance product that compliments our value offerings of reliability, efficiency and technology.
Engine, chassis and powertrain solutions, and a wide range of aftermarket repair solutions
for applications across varied industries
A diversified product portfolio, forward-looking innovation approach, structured processes and well-defined strategies make us ready to capitalise on all potential opportunities. Our continued emphasis on R&D and localisation projects, along with efforts to drive efficiencies across all aspects of operations, leave us in good stead to achieve continued growth and create long-term value for our stakeholders. Macro trends such as rising per capita consumption in India, strong demand from core sectors are some of the catalysts for our future.
Source: World Economic Forum report, January 2019
*The numbers are estimates
