# SKF India to build Rs 653 crore Factory of the Future in Pune

SKF India (Industrial) announced a Rs 653 crore investment to establish a next-generation digital 'Factory of the Future' campus in Pune, Maharashtra. The facility is expected to be ready by 2030.

- Type: New facility
- Announced: 2026-02-16
- Where: Pune, Maharashtra, India
- Value: $77.0M (6.53B INR)
- Status: announced
- Products: bearings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SKF India (Industrial) Limited](https://endata.com/companies/14014.md)

## Sources

- [equipmenttimes.in](https://equipmenttimes.in/SKF-India-Industrial-to-build-%E2%80%98Factory-of-the-Future%E2%80%99-manufacturing-facility-in-Pune-with-%E2%82%B9653-crore-investment), 2026-02-16: "announced a ₹653 crore investment to establish a next-generation ‘Factory of the Future’ in Pune, Maharashtra."
- [indiantextilemagazine.in](https://www.indiantextilemagazine.in/skf-india-industrial-to-build-factory-of-the-future-manufacturing-facility-in-pune-with-%E2%82%B9653-crore-investment/), 2026-02-20: "SKF India (Industrial) Limited, a leading technology and solutions provider for industrial applications announced a ₹653 crore investment to establish a next-generation 'Factory of the Future' in Pune, Maharashtra."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.