Schaeffler India Ltd Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of Schaeffler India Ltd?
Schaeffler India Ltd. is a top engineering and technology company. It makes precise parts and systems for various industries, such as automotive, industrial, and aerospace. The company is part of the Schaeffler Group, a worldwide organization known for its innovative solutions and quality products. Here’s an overview of what Schaeffler India Ltd. offers:
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1- Automotive Products
They offer various parts that improve how vehicles perform, use fuel efficiently, and keep drivers safe. Their automotive products include:
- Bearings: Schaeffler makes rolling bearings, including ball and roller types, which help reduce friction and wear in cars. They are used in engines, transmissions, and wheel hubs.
- Engine Components: The company produces parts for engines, like camshafts, crankshafts, and timing belts. These parts help improve engine performance and fuel efficiency.
- Transmission Systems: Schaeffler offers products like dual-mass flywheels and clutches that enhance the performance of both manual and automatic transmissions, making driving smoother and more comfortable.
- Chassis and Suspension Systems: The company supplies parts that improve vehicle stability and handling, including bushings, joints, and bearings for suspension systems.
- Electric Vehicle (EV) Components: With the rise of electric mobility, Schaeffler is also focused on developing components for electric and hybrid vehicles, such as electric motor bearings and innovative drivetrain systems.
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2- Industrial Products
Schaeffler India offers more than just automotive products. They also provide various components for industrial use. Their industrial products include:
- Rolling Bearings: The company makes bearings for industries like heavy machinery, textiles, and packaging. These bearings are built to last and work well in tough conditions.
- Linear Motion Technology: Schaeffler offers linear guides and tables that ensure smooth and accurate movement in manufacturing and automation.
- Condition Monitoring Systems: The company provides advanced systems that help industries monitor their machines, predict maintenance, and avoid unexpected breakdowns.
- Ball Screw Assemblies: Schaeffler's ball screw assemblies are used where precise motion control is needed. They are designed for high efficiency and performance.
3- Aerospace Products
Schaeffler is also active in the aerospace sector, providing high-quality parts that meet strict industry standards. Their aerospace products include:
- Bearings: Aerospace bearings are essential for the safety and reliability of aircraft. Schaeffler makes bearings that follow strict standards for different aerospace uses.
- Precision Components: The company creates precision parts used in aircraft engines, landing gear, and other important systems.
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4- Services and Solutions
Schaeffler India focuses on offering services and solutions that improve customer satisfaction in addition to its products.
- Technical Support: Schaeffler provides full technical support, helping customers choose products and engineer applications and installing them properly to make the most of Schaeffler products.
- Maintenance Services: The company offers maintenance and repair services for machinery, helping customers prolong equipment life and boost efficiency.
- Training and Development: Schaeffler runs training programs for customers and partners, focusing on product knowledge, application techniques, and maintenance best practices.
- Digital Solutions: Schaeffler is investing in digital technologies, offering tools like predictive maintenance that use data to predict equipment failures and improve maintenance schedules.
5- Research and Development
Schaeffler India focuses on innovation and regularly invests in research and development. They work on creating new technologies and enhancing current products. This includes:
- Sustainability Initiatives: Schaeffler works on creating products that save energy and are better for the environment, especially for electric vehicles and green technologies.
- Collaborations and Partnerships: The company teams up with universities, research centres, and industry partners to encourage innovation and keep up with technology trends.
Question 2: Who are the promoters of Schaeffler India Ltd?
Schaeffler India Ltd.'s promoter holding is 74.13%. Harsha Kadam is the CEO and Managing Director of Schaeffler in India and is responsible for the company's industrial business in India. He studied Mechanical Engineering at Bangalore University and later acquired further qualifications in business management and Marketing, Finance & HR.