Company was incorporated in year 1961. SKF Bearings India is a subsidiary of SKF, Sweden, the world leader in bearings; SKF Bearings India produces India's most diverse range of bearings that have become quality benchmarks. It has two manufacturing units at Chinchwad, Maharashtra and Bommasandra, Karnataka. It commenced operations at Chinchwad in 1963 and is a ISO 9002 certified by IRQS. SKF is the largest manufacturer of bearings and seals in the world. SKF makes bearings and seals of all sizes and types for practically all applications. From silent running ball bearings for sealing fans to 7.2-metre diameter, 45-tonnes slewing bearings for giant tunneling machines. SKF worldwide has 70 factories and 20,000 distributors and are represented in 130 countries. It has formed two new technology ventures - aptitude Industrial Decision Support and Industrial Wireless Technologies. These ventures formed within its service division, and supports company's efforts in building a leadership position in high technology solutions. In November 2009, SKF inaugurated its “global testing centre” in India at Bangalore. The testing centre is a hub of testing activities ensuring greater focus on customer requirements, cost, quality and operational efficiency. The main objective will be to conduct testing at close proximity to its customers for design, process and supplier validation. SKF also inaugurated its first “SKF Solution Factory” in India at Pune on Nov. 3, 2009. The ultimate objective of the SKF Solution Factory is to make SKF offerings from its five technology platforms - bearings and units, seals, mechatronics, services and lubrication solutions - more available for customers and provide them with customized solutions by combining and integrating different products, systems and services. The network of SKF Solution Factories around the world is growing, with 7 established so far; two in China, one in Sweden, one in Brazil, one in Italy, one in South Africa and now this one in India.

Company manufactures and market for linear motion products, high precision bearings, spindles and spindle services for the machine tool industry, electrical actuators, actuation systems and rolling bearing steel. Company manufactures a product range comprising about 60 sizes of Deep Groove Ball Bearings, 70 sizes of Taper Roller Bearings, Textile machinery Components, Automotive Specials, bearing accessories like housings, sleeves etc for the Automotive, Electrical and Industrial OEMs and aftermarket customers. The business of the group consists of Bearings, Housing/Sleeves & Accessories, Seals, Greases, Spherical Plain Bearings, Maintenance Products, Condition Monitoring Equipments, Linear Motion Products, Special Steel and a comprehensive range of their high-tech industrial components. Company has pioneered many innovations- starting with the self aligning ball bearings, spherical roller bearings, E- design and Explorer series SRBs, the hub bearing units used in cars & truck wheel ends and the latest new revolutionary CARB bearing. Company is not only into auto ancillary, it also has major presence in the OEM and replacement markets with most major players as its consumers.

Company is set to play a major role in the SKF worldwide’s global business plans. This will include manufacturing of the products in India and also offer training to the employees in the latest technologies. Company is moving in the direction of becoming a knowledge engineering company and intends to pass on to the customers the expertise earned over a 100 years of its existence.