skf india limited...skf pune won platinum and bangalore & ahmedabad factories won gold...

SKF India Limitedhhh

57th Annual General Meeting, July 25, 2018Carl Orstadius – Managing Director SKF India Ltd

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A world of reliable rotation

The undisputed leader, in the bearing business

SKF Vision and Mission

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Drivers

Our Values and Drivers govern everything that we do

Slide 3

• Grow with profit

• Quality

• Innovation

• Simplicity & Speed

• Sustainability

Values

• High ethics

• Empowerment

• Openness

• Teamwork

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SKF India sales development

2015-2016* 15 months sales due to change in financial year

Creating Customer Value through

ROTATING EQUIPMENT PERFORMANCE

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• Strategic value proposition of improving “Rotating Equipment Performance” ( REP ) • A combination of products and services together with the engineering knowledge • Address customers’ increasing demands of enhanced machine performance,

increased up time and increased overall productivity

Rotating Equipment Performance Value Proposition

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• The SKF REP value proposition allows the customer to benefit from our Remote Diagnostic Centre (RDC) facility

• SKF collects data from rotating machines at customers and continuously processes and analyzes it to provide real time recommendations to the customer

• Prevent sudden machine failures and avoid loss of production.

Our REP Successes

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• Creating value proposition by enhancing Rotating Equipment Performance

• Increased production volume for Shree Rama Newsprint

• An integrated approach for products and solutions to increase machine efficiencies in a customer in the Steel Industry

• Right Product at the Right Price and at the Right Time• Addressing customer pain areas of production losses and increased maintenance and

inventory costs

Steel Industry

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• Our REP Proposition enabled one of the well known paper and pulp customers increase speed of machines

• Collection and continuously filtering the data and analysis by experts helping prevent sudden machine failure, loss of production

• Vibration analysis, health check, condition monitoring for customer

Paper and Pulp Industry

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Innovative approach of Pay-for-Performance for an application at a large customer in cement industry

Cement Industry

Customer centric innovation

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SKF India Engineering Team develops first-of-its-kind ever Pinion Bearings which reduce operational efforts and assembly time by 50%.

Resulting in Higher productivity for one of India’s large commercial vehicle manufacturer

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• Robust solution that offers improved productivity

and works in various operational conditions

• Made in India – UC Range of Insert Bearings

Units

• Designed specifically for Japanese Industrial

Standards (JIS)

Manufacturing 4.0

Our factories including Pune and Bangalore have already started the process to shift to Manufacturing 4.0 with the online SGB Machine Remote Monitoring and Analysis

SKF India has completed pilots for complete digitalization of critical equipment at a large automotive customer plantRemote diagnostic center analyses data for online Spindle monitoring

Success Stories

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• SKF India claims nearly 100% Share of Business for all convertors in India, becoming the largest solution provider to the Indian Steel Industry for over 100 tonne convertors

• SKF Application Engineering Team provides an innovative solution for the failed Spherical Roller Bearing. A specially designed and developed sleeve placed over worn shaft

• Providing timely, reliable, customer centric and quality solutions help secure • 100% SoB at customer

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• Our customer centric approach helps us win back business with a global leader in design, manufacture, erection and commissioning of Cold Rolling Mill Complexes

• Customer offered “Made in India” housings to address pricing concerns• In-depth technical discussions, case studies, and demonstrated competence of

product helps us win 100% Share of Business at customer within 1 year

Making meaningful impact on communities

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• YES grows leaps and bounds to one more center in Pune, Haridwar and shortly in Jorhat, Assam

• Launch of Entrepreneur Program for funding our graduates to start their own garage• 87% of our students are placed at leading automotive service centers

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o SKF Scholarship Program for Girls- Udaan launched in August 2017 o Provides scholarship to pursue dream of higher education to meritorious girls from Marathwadao Current batch of 40 girls are pursuing education. This year we take on 40 more

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• SKF Sports Education Program launches its extension for Schools• Will reach 4 municipal schools as a pilot to promote holistic development of children

through sports

Moments of Pride

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• SKF India wins two prestigious awards:

• Excellence in Sustainable Business- Excellence in CSR

• Commendation for Significant Achievement for Environment Management

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SKF Bangalore plant, won the “Green Manufacturing Award” at machinist super shop floor award in the large enterprise category.

SKF India received an award for “Excellence in Sustainability” and the Bangalore Plant received an award for “ Excellence in Safety” at the Manufacturing Today Excellence Awards 2016.

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SKF Pune won Platinum and Bangalore & Ahmedabad factories won Gold certificate at India Manufacturing Excellence Award (IMEA) 2016 organized by Frost & Sullivan

SKF India has been recognized as one of India’s Most Admired Workplaces by The Economic Times

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• Winners of the Annual Swedish Corporate Championship 2017