2020 Performance Highlights

Revenue

` 37,618 million

EBIT

` 3,462 million

Earnings after tax

` 2,910 million

CO2 reduction

20%

CSR beneficiaries

63,083

Employee retention rate

98.6%

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Schaeffler Group at a Glance

Growing through innovation

Schaeffler Group is a leading global automotive and industrial supplier. Its legacy spans more than 70 years, and it has carved a niche for itself as a manufacturer of high-precision components and systems for engine, transmission and chassis applications in the automotive segment. The Group also produces rolling and plain bearing solutions for a variety of industrial applications.

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Schaeffler India at a Glance

Prudent decision-making for
unparalleled reach

Schaeffler, with four plants and eight sales offices, has a significant presence in India. Schaeffler’s three major product brands – FAG, INA and LUK – are well represented in the country. All Schaeffler plants in India are certified according to international quality standards such as ISO 9001, TS 16949, OHSAS 18001.

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Message from the Chairman

Message from the Chairman

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Operational Highlights

Operational Highlights

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Key Performance Indicators

Key Performance Indicators

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Management Discussion and Analysis

Management Discussion and Analysis

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Targetting R&D
and Self-Sufficiency.
Becoming more competent globally.

R&D and innovation form an integral part of our growth strategy. Our endeavour is to provide ‘local solutions using global technology’ with a shorter time-to-market. We leverage valuable customer insights for creating products that fulfil their requirements. We are scaling up our competence and capabilities in the areas of mechatronics and software development to cater to the global markets.

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Digitalising swiftly.
Enriching capabilities.

Schaeffler India has been swiftly embracing digitalisation to accelerate the technological transformation of its operations. Amid several travel restrictions in the post-pandemic world, we turned to Augmented Reality solutions to ensure smooth functioning of
our operations.

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Driving efficiencies.
Enhancing our potential.

At Schaeffler India, our approach is to achieve more with less. When faced with challenges posed by the pandemic, we turned our attention to becoming more prudent in the management of our financial capital. Our efforts to prioritise expenditure, minimise inefficiencies and redundancies have paid off well.

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