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Over the years, SKF has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven integrated solutions provider, helping customers achieve sustainable and competitive advantage. Today, with three manufacturing facilities located in Pune, Bengaluru and Haridwar, with 11 sales offices across India and a supplier network of over 300 distributors, SKF continues to serve the varied markets with reliable solutions. 

Speaking on the emerging technology trends in bearings for construction equipment, Rangababu Ch, Segment Leader Heavy Industry, SKF, said 鈥渋n In my view, factory owners, today, are looking to Big Data, artificial intelligence, and machine learning to revolutionise processes and efficiency on the plant floor as well as fleet maintenance. SKF is working alongside them to drive digitalisation. Through our unique business model 鈥� Rotating Equipment Performance (REP) 鈥� we partner with customers in the asset management area to improve the reliability, availability of machines in the field.鈥�

He added, 鈥淚n the Industrial segment, we have a wide product portfolio of bearings, seals, and lubrication systems, coupled with rotating equipment solutions and remanufacturing. We cater to all industries globally, directly as well as indirectly, through a network of distributors. We are also the undisputed leader in the industrial distribution market, which primarily serves the aftermarket. With SKF鈥檚 unique REP programme, we are partnering with customers wherein SKF takes the responsibility of managing the customer assets to improve the reliability and availability of the assets, supply of parts at an agreed fixed monthly subscription.鈥�