SKF India Finalizes Demerger, Appoints Shailesh Sharma as Managing Director of Automotive Business
#EV #Growth #Automotive #Mobility #MD #Manufacturing #SKF
October 2025 : SKF India Limited has officially completed its planned demerger, effective October 1, 2025. The strategic corporate restructuring has resulted in the formation of two fully independent entities: SKF India (Industrial) Limited and SKF India Limited (Automotive Business). This separation is aimed at achieving sharper strategic focus and increased agility across India's high-growth industrial and mobility sectors.
Both newly formed companies will operate autonomously while retaining access to the global technology and innovation ecosystem of SKF.
New Leadership Driving Mobility Strategy:
A key development coinciding with the demerger is the appointment of Shailesh Sharma as the Managing Director of SKF India Limited (Automotive Business). Sharma, a seasoned business leader with over three decades of dedicated experience in engineering industries, brings a strategic mindset focused on operational excellence and team empowerment to the helm of the new automotive arm.
Sharma's leadership philosophy is centered on fostering a culture of authenticity, collaboration, and people development. He is deeply committed to nurturing talent and cultivating high-performing environments. Prior to this, he managed the automotive business and was responsible for the global manufacturing cluster for driveline within SKF India.
Commitment to Future Mobility
Under Sharma's leadership, the new Automotive Business is immediately prioritizing expansion in high-demand segments. The company has outlined significant plans to boost its manufacturing capacities for electric vehicle (EV), two-wheeler, and wheel-end bearings across its facilities in Haridwar, Pune, and Bangalore by 2030.
The successful demerger empowers each specialized entity to make optimal decisions and allocate resources specifically tailored to their respective market dynamics, setting the stage for accelerated growth in both the industrial and automotive domains.
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