SKF India to invest Rs 150 crore in Haridwar plant

Mumbai, Apr 27 (UNI) Leading technical solutions provider SKF India has announced that it will invest Rs 150 crore in a Haridwar-based bearing factory that will be operational by March 2008.

The new company is expected to accommodate around 300 employees and will be located over an area of 40,000 square meters. At present, SKF has presence in more than 130 countries, a release by the company here today said.

UNI