Our parent, Schaeffler AG announced their five-year plan – ‘Roadmap 2025’ in November 2020. The roadmap lays out a clearly defined strategy, execution programme and mid-term targets, and aims to create lasting value by unlocking Group synergies. The plan has been crafted keeping in mind the objective of making Schaeffler future-ready.
The roadmap identifies the key focus areas and sectors centred around the five key trends expected to drive the market in the future. Additionally, 12 key growth initiatives have been identified across business segments as future growth drivers. Our key differentiators like innovation, superior quality, comprehensive system understanding, and manufacturing excellence will be leveraged to strengthen the execution strategy.
Key Trends
Focus areas
Execution matrix
The execution matrix and seven sub programmes, reflecting the Group’s organisation and leadership structure were created. The core three business segments are expected to advance growth initiatives, boost market positions, and increase cost and capital efficiency. The cross-divisional sub programmes will help focus on Group-wide key areas and realisation of synergy potentials across divisions.
Aligning Schaeffler India to Roadmap 2025
Our strategic priorities are in line with the Group’s Roadmap 2025 and we are working on the 12 growth initiatives. Divisional growth and diversification plan form the pillars of our strategies for the next few years. These are supported by functional strategies across operations, supply chain, people and technology.
Customer sectors