Reflecting on the past five years, I am filled with immense pride as our revenue has grown at a compound annual growth rate (CAGR) of 25% and profits at 26%.
Avinash Gandhi
Ex-Chairperson
I am honoured to have been chosen as the new Chairperson of the Board at Schaeffler India. I thank the Board of Directors for their trust and support as I take on this position with immense joy and enthusiasm. As I begin my tenure, my priority is to continue building on the strong foundation established under Mr. Gandhi's leadership.
Eranti Sumithasri
Chairperson
Our commitment to climate change reached an important milestone in CY22 as the SBTi validated our CY30 climate targets.
Schaeffler India's 2030 sustainability targets
Scope 1 and 2 emissions
Scope 3 upstream emissions
Value added statement
Value added is defined as the value created by the activities of our business and how it is divided between the people who have contributed to its creation.
Reinvested earnings
Providers of debt
Employee benefits
Providers of equity capital
Contribution to society
Return on Capital Employed
Schaeffler India Loyalty Index
Employee engagement
according to the pulse survey score
Supplier training
Lives impacted
Reduction in Scope 1 emissions
One word that has resonated the most with me to describe our performance, is tenacity. As we navigated through a challenging global environment, our country continued to remain at a bright spot amidst this volatility. We, at Schaeffler India, continued to remain resilient with our unwavering commitment towards our goals. This helped us achieve good results across all businesses, buoyed by the record-breaking growth in exports.
Harsha Kadam
Managing Director & CEO
