May 10, 2018

Leading industrial and automotive supplier, Schaeffler India Ltd (BSE: 505790, NSE: SCHAEFFLER) (Formerly FAG Bearings India Ltd) today announced the launch of its new range of FAG SNV Housings. SNV Housings are the new Plummer block housings which are quick to mount and easy to lubricate. Schaeffler India launched SNV Housings with an aim to provide similar German quality products manufactured locally.

SNV Housings’ application includes agricultural machinery, paper processing industry, mining, materials processing and steel industry as well as power stations. The newly launched housings provide a host of benefits including reduced installation time, reduced maintenance, longer rolling bearing life, simplifying stock holding due to modular concept and more. The new range of housings are particularly easy to install and replace. It is no longer necessary to use special housing designs in many standard applications.

Harsha Kadam, President, Schaeffler Industrial Business, stated, “The launch of our new product SNV Housings is another milestone for our industrial business in India. We have always strived to offer the best in industry to our customers and am very proud that we have kept the momentum. These plummer blocks are high quality housings designed and manufactured as per local customer needs, which also means higher degree of customization and modular design for easy installation, maintenance and replacement. The new range will deliver premium and hassle free performance in all its applications to our customers”.

The new range of housings will be made available through Schaeffler India’s existing Industrial Distribution Network as well as directly for OE requirements. For more information and enquiries, please log on to www.schaefflerbearinghousing.com

Schaeffler Group

Thorsten Möllmann,
Vice President Corporate Communications, Schaeffler AG, Herzogenaurach,

Tel.: +49-9132-82-5000,

Email: Thorsten.Moellmann@schaeffler.com

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