Working closely with our parent, we define our five-year strategy and undertake annual strategy dialogues to realign them, if needed. We have progressed well on our strategy of One Schaeffler India with a broader focus on being a preferred supplier to our customers, and serving the diversified industrial and automotive markets better.
We are investing to scale up our existing manufacturing facilities while also expanding our plants in Savli in Vadodara and Talegaon in Pune. We continue to invest in enhancing our engineering capabilities to fulfil existing and future domestic demand.
Total capacity
2019: 438 million pieces
2015 : 81 million pieces
We are striving to better the localisation of
our resources, which will help us further
rationalise costs. This will improve our ability
to offer competitive pricing, ultimately driving
up profitability.
Localisation ratio
2019: ~71%
2015: ~66%
Schaeffler is a global company with focused
local presence. Until recently, we were bringing
the innovative products built by our parent in
Germany to India, localising them and then
going to market. Over the past two years,
however, we have built two R&D centres (in Pune,
Maharashtra, and Hosur, Tamil Nadu) to develop
innovative products locally and become selfsufficient.
Such an approach will help us drive
customer-centricity with higher efficiency.
Investments in R&D in India over the past five years
` 1,918 million
We are integrating our four Central Distribution Centres (CDCs) in Mumbai, Vadodara, Gurugram and Hosur; with the two Distribution Centres in Kolkata and Chennai. We are optimising for greater efficiency, towards having a single location, single invoicing for all three brands. This state-of-the-art warehouse management system will streamline the delivery of materials to customers, rationalise expenditure, provide ease of documentation and planning, and control uncertainties faced during transit of goods.
Savings in freight costs in 2019
6.4%
