From a modest beginning in Gujarat in 1991 to becoming a recognized name in international manufacturing, SKP Bearing Industries Ltd. embodies the spirit of Bharat’s industrial evolution. Built on the foundation of precision engineering, consistency, and an unwavering vision for global excellence, SKP has grown into a multi-plant organization that connects India’s manufacturing strength with world markets. Today, with over three decades of innovation and integrity, the company continues to expand its global footprint—transforming from a domestic supplier to an international engineering force.
For more than thirty years, SKP Bearing Industries Ltd. has been at the forefront of Bharat’s bearing manufacturing sector. Its extensive product range—covering rolling elements and precision-engineered components—caters to a wide spectrum of industries including automotive, railways, construction, agriculture, heavy engineering, and renewable energy. Each product reflects the company’s commitment to technical excellence, durability, and performance in the most demanding conditions.
The company’s evolution parallels India’s rise as a global manufacturing powerhouse. From its first production line in Gujarat, SKP has expanded its presence through multiple manufacturing facilities, each designed with advanced technology, streamlined operations, and sustainability at its core. The most significant milestone came in February 2024, when SKP successfully acquired Valette et Gaurand Industries SAS (VGI) in France—a company celebrated for its expertise in high-precision components.
This acquisition marked SKP’s formal entry into the European market, strengthening its access to cutting-edge manufacturing processes, enhancing quality systems, and expanding its reach to new clients across Europe. The partnership not only elevated SKP’s global capabilities but also demonstrated how an Indian engineering company could stand shoulder to shoulder with the best in the world. With consolidated revenues crossing ₹450 Crores in FY 2024–25, SKP today stands as a testament to balanced domestic strength and international ambition.
On the home front, SKP continues to invest in capacity building and sustainable operations. The Zamar Plant in Gujarat—a newly commissioned facility—enhances the company’s production capacity and responsiveness to both local and export market demands. Sustainability, too, has become a defining pillar of its operations. Through initiatives like the PM Kusum Solar Power Project and wind energy integration, SKP has generated over 11.63 lakh units of renewable power during FY 2024–25. Complementing this are energy-efficient motors, power factor optimization, and proactive maintenance programs—all aimed at reducing emissions and conserving energy.
Leadership has been the cornerstone of SKP’s journey. Chairman and Managing Director, Shrinand Palshikar, who founded the company over three decades ago, continues to steer its growth with strategic foresight and resilience. Supported by a talented leadership team that blends engineering insight, financial acumen, and operational discipline, SKP remains agile amidst changing global dynamics.
Yet, SKP’s story goes beyond production numbers and market expansion. Its commitment to people and community remains deeply ingrained. The company actively supports employee welfare initiatives, such as residential housing for plant staff, educational sponsorships, and healthcare programs. Beyond its workforce, SKP extends its efforts to rural development, sponsoring community healthcare camps and supporting education in underprivileged areas—creating a social impact that aligns with its corporate growth.
In every sense, SKP Bearing Industries exemplifies the synergy between industrial progress and social responsibility. It stands as a model for how Indian enterprises can grow sustainably—balancing global ambition with local care, and innovation with integrity.
As Bharat’s manufacturing sector continues to scale new frontiers, SKP Bearing Industries Ltd. represents not just a company’s success story, but a national vision in motion—a vision where engineering excellence, sustainability, and global reach converge to define the future of Indian industry.
