ROLLING ON

MANISH BHATNAGAR, MANAGING DIRECTOR, SKF INDIA LTD, SHARES HOW HIS COMPANY’S UNIQUE BUSINESS MODEL TOGETHER WITH ITS SMART AND SUSTAINABLE MANUFACTURING PRACTICES HELPING THEIR PARTNERS ACHIEVE NEW SUCCESS

- SYED AMEEN KADER

From a pioneer company manufacturing ballbearings to a knowledge-driven engineering company helping its customers achieve sustainable and competitive business excellence, SKF India has come a long way since it started out as a trading outpost from Calcutta (Kolkata) in 1923.

Today, through its five technology-centric platforms of bearings and units, seals, mechatronics, lubrication solutions and services, SKF provides sustainable solutions to its partner companies to achieve breakthroughs in friction reduction, energy efficiency and equipment longevity and reliability.

In an interview with Manufacturing Today, SKF India Managing Director Manish Bhatnagar tells how his company has created business models and crafted strategies that enable its customers to have a competitive edge in their market.

“Products and solutions that we develop have found eager acceptance among our customers while delivering value to suppliers, employees and wider society,” he says.

“Value to shareholders naturally follows.” The company's revenues from operations scaled at Rs. 2,632.9 crore for the FY 20-21 and inspite of the pandemic and 50 days closure in 2020, SKF India managed to keep it rolling to end at a PAT of Rs. 297.7 crore.

UNIQUE VALUE PROPOSITION