Schaeffler India's mfg plants get Bureau of Indian Standards licence
This story was originally published at 19:24 IST on 3 July 2026
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NEW DELHI – Schaeffler India Ltd. Friday said its manufacturing plants in Maneja and Savli, Gujarat, have received the Bureau of Indian Standards' licence for cylindrical roller bearings under the new Indian standard. Both facilities have also received a Bureau of Indian Standards licence for deep groove ball bearings, the company said in the exchange filing.
For the March quarter, Schaeffler India had reported a net profit of INR 3.20 billion on revenue of INR 25.07 billion. Friday, shares of the company closed at INR 4,162.10 on the National Stock Exchange, up 1.3%. End
Reported by Gunjan Rajput
Edited by Deepshikha Bhardwaj
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