Name: Detailed SWOT Analysis Of SKF India - 2025 Study | IIDE
Brand: IIDE
Rating: 9.9 (103837 reviews)

medium_upload-1736881790243.png

small_upload-1736881790243.png

thumbnail_upload-1736881790243.png

upload-1736881790243.png

<div class="raw-html-embed"><div data-bglz="1" class="et_pb_text_inner"><div data-bglz="1" class="dcf-overflow-x-auto" tabindex="0"><h2><b>About SKF India,</b></h2><p><img fetchpriority="high" decoding="async" class="wp-image-290052 alignnone " src="https://iide-media.blr1.cdn.digitaloceanspaces.com/production/upload-1736881788214-f09dadd58e484608d536408575dcf90f.webp" alt="SWOT Analysis of SKF India - skf" width="427" height="320"></p><p><span style="font-weight: 400;">The company was incorporated in 1923 as a vast producer of ball bearings, cylindrical roller bearings, and spherical roller bearing and wheel bearings. The products were sold under the brand name SKF. The manufacturing plant is located in Kolkata.&nbsp;</span></p><p><span style="font-weight: 400;">SKF India has 3 manufacturing facilities located in Pune, Bangalore and Haridwar, with 11 sales offices across India and a supplier network of over 300 distributors. Components such as front accessory drive systems, chain drive systems, valve trains, shift systems and a range of needle roller bearings and elements are produced.</span></p><p><span style="font-weight: 400;">The company also achieved breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. The company produces clutch systems and dual-mass flywheels for passenger cars, light commercial vehicles, heavy commercial vehicles and tractors. SKF India is a leading automotive and industrial engineered solution through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services.</span></p><div data-bglz="1" class="dcf-overflow-x-auto" tabindex="0"><table class="dcf-table dcf-table-bordered dcf-table-striped"><caption><strong>Quick Stats on SKF India</strong></caption><tbody><tr><th scope="row">Founder</th><td data-label="Founder">Assar Gabrielsson</td></tr><tr><th scope="row">Year Founded</th><td data-label="Year Founded">1923</td></tr><tr><th scope="row">Origin</th><td data-label="Origin">Kolkata, India</td></tr><tr><th scope="row">No. of Employees</th><td data-label="No. of Employees">2600+</td></tr><tr><th scope="row">Company Type</th><td data-label="Company Type">Public</td></tr><tr><th scope="row">Market Cap</th><td data-label="Market Cap">Rs 16,632.41 Crore (2022)</td></tr><tr><th scope="row">Annual Revenue</th><td data-label="Annual Revenue">Rs 966.98 Crore (2021)</td></tr><tr><th scope="row">Net Income/ Profit</th><td data-label="Net Income/ Profit">Rs 88.79 Crore (2021)</td></tr></tbody></table></div><div data-bglz="1" class="dcf-overflow-x-auto" tabindex="0"><h3><b>Products of SKF India</b></h3><p><span style="font-weight: 400;">SKF India has been a global marketer since 1923 and deals in the following businesses:</span></p><ul><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Automotive Technologies</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Automotive Aftermarket</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Industrial</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Special Machinery</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Digital Products</span></li></ul><h3><b><br>Competitors of SKF India</b></h3><p><span style="font-weight: 400;">Competition among businesses may lead to the development of new or improved goods, as well as more efficient operations. SKF India has a few major rival companies around the globe. Some of the top competitors are</span></p><ul><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">MinebeaMitsumi</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NSK</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Igus</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Nidec</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Progress-Werk Oberkirch</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Timken</span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Schaeffler India</span></li></ul><p><span style="font-weight: 400;"><br>Now that we know about the company’s history, its products, and its close competitors, we can move on to the SWOT analysis of SKF India.</span></p><h2><b><br>SWOT Analysis of SKF India&nbsp;</b></h2><p><span style="font-weight: 400;">A SWOT analysis examines the strengths, weaknesses, opportunities, and threats that a firm faces. SWOT Analysis is a tried-and-true tool that enables a company like SKF India to compare its business and performance to that of its competitors.</span></p><p><span style="font-weight: 400;">It will give us a strategic analysis of its internal and external environment, which is crucial for understanding the SWOT Analysis of SKF India.</span></p><p><span style="font-weight: 400;">To better understand the SWOT analysis of SKF India, refer to the infographics below:</span></p><p><img decoding="async" class="wp-image-290042 aligncenter size-full" src="https://iide-media.blr1.cdn.digitaloceanspaces.com/production/upload-1736881789386-8c00cf3bfde18b8417ae74eb67a2b11f.webp" alt="SWOT Analysis of SKF India - SWOT Infographics of SKF India" width="750" height="500" data-srcset="https://iide.co/wp-content/w3-webp/uploads/2022/05/SWOT-Analysis-of-SKF-India-SWOT-Infographics-of-SKF-India.pngw3.webp 750w, https://iide.co/wp-content/uploads/2022/05/SWOT-Analysis-of-SKF-India-SWOT-Infographics-of-SKF-India-480x320.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 750px, 100vw"></p><p><span style="font-weight: 400;">Below is an explicit guide to the SWOT analysis of SKF India.</span></p><h3><b>Strengths of SKF India</b></h3><p><span style="font-weight: 400;">SKF India, being one of the leading companies in its industry, has several benefits that help it flourish in the marketplace. These strengths not only help it retain market share in existing areas but also help it break into new ones.</span></p><ul><li style="font-weight: 400;" aria-level="1"><b>Strong Free Cash Flow: </b><span style="font-weight: 400;">There is a strong free cash flow that puts resources into the hands of the company to expand into new projects.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Good ROI:</b><span style="font-weight: 400;"> It is relatively successful in new projects and provides a high return on capital expenditures through the creation of new revenue streams.</span></li><li style="font-weight: 400;" aria-level="1"><b>Strong Brand Portfolio: </b><span style="font-weight: 400;">Over the years SKF India has invested in building a strong brand portfolio. This brand portfolio can be very useful if an organisation wants to expand into new product categories.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Outstanding Performance in New Markets: </b><span style="font-weight: 400;">SKF India has accumulated experience to enter new markets and achieve success. The expansion has helped organisations create new revenue streams and diversify business cycle risks in the markets in which they operate.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Highly Skilled Labour:</b><span style="font-weight: 400;"> Highly skilled workforce through successful education and training programs. By investing enormous resources in the training and development of SKF India employees, they not only create highly qualified employees but also motivate them to achieve more.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Mergers and Acquisitions:</b><span style="font-weight: 400;"> A track record of successfully integrating additional companies through mergers and acquisitions. Over the past few years, he has successfully integrated several technology companies to optimise operations and establish a stable supply chain.</span></li></ul><h3><b><br>Weaknesses of SKF India</b></h3><p><span style="font-weight: 400;">Strategy is all about choices and weaknesses are areas where companies can improve through SWOT analysis and leverage their competitive advantage and strategic positioning.</span></p><ul><li style="font-weight: 400;" aria-level="1"><b>More Investment is Needed in New Technologies:</b><span style="font-weight: 400;"> Given the scale of the expansion and the multiple geographic regions in which the company will expand, SKF India’s overall integrating processes require more money to be invested in technology. Current investments in technology are not aligned with the company’s vision.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Financial Planning is Not Being Performed Properly and Efficiently:</b><span style="font-weight: 400;"> The liquid asset ratio and liquidity ratio indicate that a company can use its cash more efficiently than it currently is.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>High Labour Outflow:</b><span style="font-weight: 400;"> With higher dropout rates compared to other organisations in the industry, SKF India, and has to spend significantly more on employee training and development than its competitors.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Not Very Successful in Integrating Companies with Different Work Cultures:</b><span style="font-weight: 400;"> As mentioned earlier, SKF India is successful at integrating small companies. It has its share of failures to merge firms that have different work cultures.</span></li><li style="font-weight: 400;" aria-level="1"><b>High Competition:</b><span style="font-weight: 400;"> The daily stock is high compared to its competitors, so the company has to raise more capital to invest in the channel. This could affect the long-term growth of SKF India.</span></li><li style="font-weight: 400;" aria-level="1"><b>Product Marketing:</b><span style="font-weight: 400;"> Although the product is successful in terms of sales, its positioning and unique selling proposition are not clearly defined, making it vulnerable to attack from competitors in this sector.</span></li></ul><h3><b><br>Opportunities for SKF India</b></h3><p><span style="font-weight: 400;">Opportunities are potential areas for companies to focus on to improve results, increase sales, and ultimately profit.</span></p><ul><li style="font-weight: 400;" aria-level="1"><b>New Environmental Policy:</b><span style="font-weight: 400;"> New opportunities will create a level playing field for everyone in the industry. This is a great opportunity for SKF India, Inc. to realise the benefits of new technologies and gain market share in new product categories.</span></li><li style="font-weight: 400;" aria-level="1"><b>New Taxation Policy:</b><span style="font-weight: 400;"> New tax policies can have a significant impact on the way SKF India does business and open up new opportunities for them to increase its profitability.</span></li><li style="font-weight: 400;" aria-level="1"><b>Open New Markets Through Government Agreements:</b><span style="font-weight: 400;"> New technology standards and government free trade agreements provided to SKF India open up opportunities for SKF India to enter newly developed markets.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>New Customers Through Online Channels:</b><span style="font-weight: 400;"> The company has invested huge amounts of money in its online platform over the past few years. This investment opened up a new sales channel for SKF India. Over the next few years, companies will be able to seize this opportunity by better understanding their customers and meeting their needs through big data analytics.</span></li><li style="font-weight: 400;" aria-level="1"><b>Economic Recovery:</b><span style="font-weight: 400;"> Economic recovery and rising consumer spending after years of recession and slow industrial growth are opportunities for SKF India to attract new customers and increase market share.</span></li></ul><h3><b><br>Threats to SKF India</b></h3><p><span style="font-weight: 400;">Threats are environmental factors that can harm a company’s development. Here are some of SKF India’s threats:</span></p><ul><li style="font-weight: 400;" aria-level="1"><b>Legal Actions:</b><span style="font-weight: 400;"> The company may face legal action in other markets given the continuing fluctuations in different laws and product standards in those markets.</span></li><li style="font-weight: 400;" aria-level="1"><b>Fierce Competition:</b><span style="font-weight: 400;"> Strong profitability has increased the number of players in the industry over the past two years, putting downward pressure on overall revenue as well as profitability.</span></li><li style="font-weight: 400;" aria-level="1"><b>Liability Laws:</b><span style="font-weight: 400;"> Vary from country to country SKF India may face a variety of liability claims as a result of these market policy changes.&nbsp;</span></li><li style="font-weight: 400;" aria-level="1"><b>Quantitative Increases in Commodities:</b><span style="font-weight: 400;"> This could jeopardise SKF India’s profitability. A shortage of skilled labour in certain global markets threatens SKF India’s continued earnings growth in the market.</span></li><li style="font-weight: 400;" aria-level="1"><b>Operates Globally:</b><span style="font-weight: 400;"> Because the company operates in many countries, it is exposed to currency fluctuations, especially given the unstable political environment in many markets around the world. This may face some challenges in the market and may result in some losses as well.</span></li></ul><p><span style="font-weight: 400;"><br>This ends our elaborative SWOT analysis of SKF India. Let us conclude our learning below.</span></p></div></div></div></div>

<div class="raw-html-embed"><div data-bglz="1" class="et_pb_text_inner"><h2><b>To Conclude</b></h2><p><span style="font-weight: 400;">SKF India is well-known for ball &amp; roller bearing manufacturing with significant global positions. During the SWOT analysis of SKF India, we found that the company is highly dependent and enjoys strong brand awareness and trust from its customers. It has a solid logistic base and covers all markets it serves, but suffers from more active research and development from an increasing number of manufacturers and competitors in the same space.</span></p><p><span style="font-weight: 400;">But being such a huge brand across multiple countries, SKF India should continue to innovate and develop more products and launch them in the market with the best possible marketing strategies.</span></p><p><span style="font-weight: 400;">Especially digital marketing which is vital in today’s growing and expanding world, to get better results and to remain competitive in the market. If you don’t have any idea of what digital marketing is or want to learn more about it and upgrade yourself, here is </span><a href="https://iide.co/online-digital-marketing-course/?swcfpc=1"><span style="font-weight: 400;">IIDE’s 3 Month Advanced Online Digital Marketing Course</span></a><span style="font-weight: 400;"> to know more.</span></p><p><span style="font-weight: 400;">We hope this blog on the SWOT analysis of SKF India has given you a good insight into the company’s strengths, weaknesses, opportunities and threats.</span></p><p><span style="font-weight: 400;">If you enjoy in-depth company research just like the SWOT analysis of SKF India, check out our </span><a href="https://iide.co/case-studies/swot-analysis-of-suzuki/#:~:text=IIDE%20Knowledge%20portal."><span style="font-weight: 400;">IIDE Knowledge portal</span></a><span style="font-weight: 400;"> for more fascinating case studies.</span></p><p><span style="font-weight: 400;">Thank you for taking the time to read this, and do share your thoughts on this case study of the SWOT analysis of SKF India in the comments section below.</span></p></div></div>

<div class="raw-html-embed"><h3>
Courses Recommended for you
</h3></div>


medium_ks-cta-bg.webp

small_ks-cta-bg.webp

thumbnail_ks-cta-bg.webp

ks-cta-bg.webp

Register Now

<div class="raw-html-embed"><ul>
    <li>
        45 Mins Masterclass
    </li>
    <li>
        Watch Anytime, Anywhere
    </li>
    <li>
        1,00,000+ Students Enrolled
    </li>
</ul></div>

medium_Karan-Shah-cta.webp

small_Karan-Shah-cta.webp

thumbnail_Karan-Shah-cta.webp

Karan-Shah-cta.webp

small_dm-masterclass-sidebar-cta.webp

thumbnail_dm-masterclass-sidebar-cta.webp

dm-masterclass-sidebar-cta.webp

<p style="line-height:1em;">
    <span style="font-size:34px;">Learn Digital Marketing for FREE</span>
</p>

<div class="raw-html-embed"><h2>
Frequently Asked Questions
</h2></div>


<h2>Awards &amp; Recognition</h2>

small_home-page-odmc-image.webp

thumbnail_home-page-odmc-image.webp

home-page-odmc-image.webp

download-icon.webp

Get Brochure

Advanced Online Digital Marketing Course

<p>Our alumni secured top digital marketing roles by showcasing the impactful projects they completed during IIDE’s advanced digital marketing course.</p>

<h2><span>Real-World Projects</span> That Launched Careers</h2>

<p>Stand out in the digital marketing industry with globally recognised certifications from IIDE and top platforms like Google, Meta, and HubSpot.</p>

<h2>Earn Globally Recognised <span>Certifications</span></h2>

<h2>Choose What's <span>Best for You</span></h2>

<p>Our online digital marketing course with placement includes an updated syllabus, featuring the latest digital marketing concepts. With practical training &amp; numerous live projects, this syllabus will prepare learners for today’s demanding industry.</p>

<h2>Master Digital <span>Skills That Matter</span></h2>

<p>Become a digital marketing strategist in today’s AI-dominated industry with some of the top online digital marketing courses in India offered by IIDE.</p>

<h2>Digital Marketing <span>Tools You’ll Master</span></h2>

No cost EMI and flexible 6, 9, or 12 monthly plans available.

EMI partners

<p>Enrolling in our online digital marketing course with placement means more than just learning from the top minds in the field — You can also choose to step onto our campus, connect with trainers, and learn in an inspiring environment.</p>

<h2><span>Campus</span> Immersion</h2>

<h2>Frequently Asked <span>Questions</span></h2>

<p>Select the certification that aligns with your goals. Want an even richer experience? Don’t forget to opt for Campus Immersion to take your learning to the next level.</p>

<h2>Your Investment in a <span>Brighter Future</span></h2>

<h2>Our <span>Hiring Partners</span></h2>

<p>Our trainers are seasoned professionals bringing years of expertise to every session. With their guidance, you’ll gain practical insights and the skills needed to lead in the digital world.</p>

<h2>Learn From the <span>Best Minds in the Industry</span></h2>

<h2>Learning <span>Methodology</span></h2>

<h2>Our Placement Statistics</h2>

<p>Our advanced digital marketing course is all about empowering students with real-world industry knowledge, hands-on learning, and the confidence to innovate and lead in the digital age.</p>

<h2>We don't just teach digital marketing, <span>we build Digital Leaders!</span></h2>

<p>We've helped thousands turn their dreams into careers through our digital marketing course with placement. Their success stories are all the proof you need.</p>

<h2>Turning Ambition Into <span>Achievements</span></h2>

<h1>Top Online Digital Marketing Courses in India With <span>AI Integrated Syllabus</span></h1>

<p>Explore how IIDE helped shape their careers and fuel their success</p>

<h2>Hear It From <span>Our Alumni</span></h2>

Download Brochure

<h2>Learning Methodology</h2>

<h2>We Don’t Just Teach Digital Marketing — <span>We Build Digital Leaders</span></h2>

<h1>#1 Online <span>Digital Marketing Course in Nepal</span></h1>

<p>UAE’s best Online Digital Marketing Course taught by industry experts in a comprehensive and interactive format with self-paced and live online sessions.</p>

<h1>#1 Online <span>Digital Marketing Course in Dubai</span></h1>

<p>An overview of the career support and accomplishments of alumni from our Digital Marketing PG programs.</p>

<p>93% of IIDE Students Are Placed At Top Organisations</p>

<h2><span>Our Alumni</span> Leading the Digital World</h2>

<p>54% Average Salary Hike</p>

<h2>Awards &amp; <span>Recognition</span></h2>

small_home-page-pg-course-card.webp

thumbnail_home-page-pg-course-card.webp

home-page-pg-course-card.webp

Post-Graduation in Digital Marketing & Strategy

<p>Our alumni secured top digital marketing roles by showcasing the impactful projects they completed during the course.</p>

<p>Stand out in the digital marketing industry with globally recognized certifications from IIDE and top platforms like Google, Facebook, and HubSpots.</p>

<h2>Earn Globally Recognised <span>Certification</span></h2>

Curriculum Co-Designed & Co-Certified by Industry Leader

<p>Fastrack your digital marketing career with our 11-month Postgraduate Programme.</p>

<p>Our A-Z digital marketing curriculum goes beyond execution. We'll show you how to strategise like a pro, with practical experience to back it up. Here's a glimpse of what you'll learn:<br>&nbsp;</p>

<h2>PG in Digital Marketing &amp; <span>Strategy Syllabus</span></h2>

<h2><span>Digital Marketing Tools</span> You'll Master</h2>

<p>Fees start at:</p><h3>₹ 24,427 / Month</h3><ul><li>750+ In-person hours of learning</li><li>Mentoring from CXO's &amp; CMO's of leading brands</li><li>6 live brand projects</li><li>3 months mandatory Internship</li><li>100% Placement Assistance</li><li>No cost EMI and flexible 6, 9, or 12 monthly plans available.</li></ul>

Empower Your Education With Scholarship

Scholorship worth of

<p>Choose a payment plan that works for you. With flexible options, we make it easier to invest in your future and achieve your dreams without compromise.</p>

<p>Our trainers are seasoned professionals bringing years of expertise to every session. With their guidance, you'll gain practical insights and the skills needed to lead in the digital world.</p>

<p><strong>Preparatory Lecture Starts: 8th Feb 2025 | Only 4 Seats Left for ₹1,25,000 Early Bird Scholarship.</strong></p>

<p>Our PG in digital marketing &amp; strategy is all about empowering students with real-world industry knowledge, hands-on learning, and the confidence to innovate and lead in the digital age.</p>

<h2>Achievements of Our <span>Graduate</span></h2>

<p>From cutting-edge facilities to real-world training, IIDE offers an unparalleled environment for digital marketing educations.</p>

<h2>The IIDE Experience: <span>A Campus Built for Success</span></h2>

<h1>PG in Digital Marketing &amp; Strategy With Placement Assistance</h1>

<p>Explore how IIDE’s digital marketing courses helped shape their careers and fuel their success.</p>

Glimpse of what you’ll learn

Unlock Placement Statistics

<p>
    Dive into the numbers that make us the #1 choice for career success
</p>

medium_Salary Distribution_Desktop.webp

small_Salary Distribution_Desktop.webp

thumbnail_Salary Distribution_Desktop.webp

Salary Distribution_Desktop.webp

thumbnail_Salary Distribution_Mobile.webp

Salary Distribution_Mobile.webp

<p>
    Want to Know Why 2,50,000+ Students Trust Us?
</p>

<div class="raw-html-embed">
<h3><span>Related</span> Blogs
</h3></div>


Are you looking for a SWOT Analysis of SKF India? Read on to know the strengths, weaknesses, opportunities, and threats of SKF India with infographics.

Detailed SWOT Analysis Of SKF India - 2025 Study | IIDE

<div class="raw-html-embed"><div class="et_pb_text_inner"><p><span style="font-weight: 400;">In our previous article, we had done a detailed </span><a href="https://iide.co/case-studies/swot-analysis-of-enel/"><span style="font-weight: 400;">SWOT analysis of Enel</span></a><span style="font-weight: 400;">, an Italian Multinational Electricity &amp; Gas Utility Company. In this article, we are going to explain the </span><b>SWOT analysis of SKF India</b><span style="font-weight: 400;">.</span></p><p><span style="font-weight: 400;">SKF India is </span><a href="https://okcredit.in/blog/bearing-manufacturers-in-india/" rel="nofollow noopener noreferrer" target="_blank"><span style="font-weight: 400;">a leading ball bearing, cylindrical roller bearings, and spherical roller bearing and wheel bearings manufacturer</span></a><span style="font-weight: 400;"> set up in Kolkata, India.</span></p><p><span style="font-weight: 400;">Another characteristic that made SKF India renowned is its marketing actions. Since the world goes online, marketing is transforming its aspects. Are you curious about learning the latest marketing techniques? Check out our </span><a href="https://iide.co/digital-marketing-basics?swcfpc=1"><span style="font-weight: 400;">Free MasterClass on Digital Marketing 101</span></a><span style="font-weight: 400;"> by Karan Shah, the CEO and Founder of IIDE.&nbsp;</span></p><p><span style="font-weight: 400;">Now, we will discover strengths, weaknesses, opportunities and threats covering SKF India. Before we delve into the SWOT analysis of SKF India let’s learn about the company, its history, products, services and competitors.</span></p></div></div>

<div class="raw-html-embed"><ul style="text-align:left;">
    <li>
        45 Mins Masterclass
    </li>
    <li>
        Watch Anytime, Anywhere
    </li>
    <li>
        1,00,000+ Students Enrolled
    </li>
</ul></div>

Detailed SWOT Analysis of SKF India – A Ball & Roller Bearing Manufacturing Company

Aditya Shastri

Courses Recommended for you

Aditya Shastri