The German company Schaeffler announced the opening of a new manufacturing unit at its Savli (Vadodara) site in Gujarat. Schaeffler is a supplier of industrial and automotive components.

According to the firm, the new unit would expand the present plant's manufacturing capabilities by over 10,000 square metres and meet the rising demand in the wind, heavy industry, and railway sectors.

The expansion of the Savli plant's production capacity is a vital step towards driving localisation strategy and meeting the growing demands of the market, it stated.

The capacity expansion will enable the plant to manufacture spherical roller bearings (SRB) and spherical rollers, while also expanding its heat treatment capabilities, it said.