<ul><li>Schaeffler AG plans to invest €500 million in India over 5 years to achieve double-digit growth in its operations.</li><li>The company inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, focusing on clutch production.</li><li>Amid tariff challenges globally, Schaeffler emphasizes on the importance of increasing localization for competitiveness.</li><li>Schaeffler India aims to expand into electric two-wheeler components manufacturing and increase local production across various sectors.</li></ul>

Schaeffler AG to invest €500 million in India over 5 years

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