Schaeffler India earns recognition as a John Deere “Hall of Fame Supplier”

Pune, India, 6th May , 2019: Schaeffler India Limited, leading industrial and automotive supplier, (BSE: 505790, NSE: SCHAEFFLER) has earned recognition as a Partner-level supplier for 2018, fifth year in a row and was inducted into the Supplier Hall of Fame in the John Deere Achieving Excellence Program.  Hall of Fame status is given after a supplier attains a Partner-level rating for five consecutive years.  The Partner-level status is Deere & Company’s highest supplier rating.  Schaeffler India was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. Company employees accepted the recognition during formal ceremonies held on April 18 in Davenport, Iowa. Schaeffler India is a supplier of tractor single and double clutches to John Deere’s operation in India. 

Commenting on the award, Mr. Dharmesh Arora – CEO Schaeffler India said, “We are delighted to receive this recognition from John Deere and it is a testimony to our high standards of quality and reliability. We have had a long association with John Deere India and this recognition is a milestone that will drive us to strengthen this partnership further with unwavering focus towards improving upon our products and services.” 

Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

About Schaeffler India Limited (formerly FAG Bearings India Limited)

Schaeffler has been present in India for over 50 years. With 3 well known product brands LuK, INA and FAG, 4 manufacturing plants and 19 sales offices, Schaeffler has a significant presence in India. Schaeffler is among the largest Industrial and Automotive supplier with sales of INR 45.6 billion in 2018 and around 3,000 employees. The manufacturing plants in Maneja and Savli (Vadodara), produce a vast range of ball bearings, cylindrical roller bearings, spherical roller bearings and wheel bearings that are sold under the brand name of FAG. The plant at Talegaon near Pune, manufactures engine and powertrain components for front accessory drive system, chain drive systems, valve train, gear shift systems and a range of needle roller bearings and elements, under the brand INA. The fourth manufacturing location is based out of Hosur, producing a wide range of clutches and hydraulic clutch release systems for passenger cars, light commercial vehicles, heavy commercial vehicles and tractors sold under the brand of LuK. Schaeffler also has the largest after-market networks serving the industrial and automotive customers. All of this is backed by dedicated engineering, research and development support based in India in support of product teams.