SKF India Enters Power Transmission Products Business

SKF India Enters Power Transmission Products Business SKF India Limited has vide its letter inter-alia stated, "The SKF group is already supplying range of products for power transmission namely Timing Belts, V-Belts, Chains, Couplings, Sprockets and Pulleys to its customers under different brand name and has not entered any new line of business. With the Rs. 1000- crore industry for power transmission products being fragmented, SKF in keeping with its mission to be a total Knowledge Engineering company is focusing on offering complete solutions to its customers by offering the entire product range under one brand name. The Power Transmission Products - Timing Belts, V-Belts, Chains, Couplings, Sprockets and Pulleys - will be offered to customers as a complete solutions package. SFK India aims to focus on its existing verticals such as Cement, Steel, Paper, Textile and Machine Tool segments to promote these products."