FAG Bearings India Ltd

Company limited by Shares (2)

FAG Bearings India Ltd Description

FAG Bearings India Ltd was established in the year 1962. FAG along with INA together became the world's second largest rolling bearing manufacturers. In the year 2017, the company changed its name to Schaeffler India Limited. The company has its headquarters and manufacturing facilities in Vadodara. Quality management is operated on a daily basis in the company and is a dynamic process. This makes sure that they work on making their products better. The company manufactures and sells ball and roller bearings and various other related components in the country. They produce rolling bearings, spherical plain bearings, plain bearings and linear products under the brand names INA and FAG across the world. The company covers applications in more than sixty industrial sectors and out of those, a large number of automotive applications are covered by more than 40,000 volume produced catalog products. Under the maintenance products the company covers: mounting & dismantling, lubrication, alignment and condition monitoring. Their computer program, mounting manager is a user friendly aid that makes sure that they do the correct mounting of bearings. The company has developed their own range of Arcanol rolling bearing greases that includes a large number of different lubricants. The company offers their products and services to construction machinery, electrical engineering, fluid technology, power generation, steel plants, motor cycles, textile machinery, pulp and paper and various other industries. They also export their products to a large part of Europe, the United States and Asia. Their international customers that use their Indian products are: Daimler Chrystler, Volvo, Volkswagen, Renault, Otis, Voith and General Dynamics. The company is also recognized as the most reliable source for numerous critical applications that include: traction motors, journal roller bearings, transmission, auxiliary motors and many others by one of their important customers, the Indian Railways.

FAG Bearings India Ltd Overview

INDIA HO
Vadodara
CIN
L29130MH1962PLC012340
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.schaeffler.com
EMAIL
info.fag.in@schaeffler.com
FOUNDED
27 Apr,1962
PAID-UP CAPITAL
166,172,700
AUTHORISED CAPITAL
200,000,000
TRADE MARK
FAG
ACCREDIT
ISO 9001
9 Related OEMs
2 No. of plants

Company Breakup

Name share
Foreign Holdings
5.91%
Others
0.11%
Bodies Corporate
58.74%
Mutual Funds
25.86%
Individuals
8.32%
Banks
1.06%
Total Number Of Shareholders 20859
Shareholding As On 2017-04-21

FAG Bearings India Ltd in News

09 Apr 2017

FAG Bearings keen to plug into Budget's infra focus

In the annual report, FAG Bearings Chairman Avinash Gandhi said the higher budgetary investments in agriculture, rural and social sector will also provide impetus to two-wheelers, tractors and construction equipment, which are its mainstay.

Directors of FAG Bearings India Ltd

Name DIN Email Designation Date of joining
Marcus Wilhelm Karl Eisenhuth Unlock to View Unlock to View Director 10 Aug,2017
Dharmesh Subhash Chandra Arora Unlock to View Unlock to View Director 06 Mar,2017
Rakesh Jinsi Unlock to View Unlock to View Director 11 Feb,2015
Klaus Rosenfeld Unlock to View Unlock to View Director 11 Feb,2015
Sanak Mishra Unlock to View Unlock to View Director 06 Nov,2014
Renu Challu Unlock to View Unlock to View Director 06 Nov,2014
Dietmar Claus Heinrich Unlock to View Unlock to View Director 11 Feb,2014
Sampath Kumar Raman Unlock to View Unlock to View Director 21 Apr,2011
Avinash Parkash Gandhi Unlock to View Unlock to View Director 20 Apr,2006

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