SKF India, a leading bearings manufacturer, has announced a strategic capital expenditure plan of Rs 1,210 crore to Rs 1,460 crore through 2030 aimed at enhancing production capabilities across its Haridwar, Pune, and Bangalore facilities. The investment targets robust growth in both industrial and automotive segments, with a focus on electric vehicle (EV) powertrain bearings and wheel-end components. Significant allocations include Rs 800-950 crore for industrial business expansion and Rs 410-510 crore for automotive capacity augmentation.