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2. Highlights of the year

A year that witnessed Schaeffler India achieving milestones, capitalising on several opportunities, and continuing to shape the future of mobility in India.

The motion technology company

We endeavour to create value for customers in all areas of motion, leading through innovation, agility and efficiency. The ‘Motion Technology’ positioning simplifies the presentation of our products and service offerings to meet complex customer needs.

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Foray in e-mobility

We see electric vehicles as a key to driving sustainable mobility. We have partnered with a leading automotive OEM for the supply of e-axle in their journey of electrification.

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First ever acquisition in e-commerce space

We drive into the future of mobility with our first-ever acquisition of Koovers. The acquisition strengthens our aftermarket ecosystem including distribution partners and helps us play an important role in the fast growing and evolving digital aftermarket landscape.

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Robust financial performance

We continued to deliver a robust financial performance despite global headwinds. Trajectory of business wins across sectors aided our annual performance.

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Commitment to localisation

We expanded our manufacturing facilities at Hosur and Savli, which is a testament to our ‘Make in India’ commitment.

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Social initiatives awarded

We received CSR recognitions for Jal Sahara - our initiative to tackle water scarcity through natural resource management.

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