By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Theindiabizz

  • Explore
    • India
    • Business
    • Venture capital
    • Private equity
    • Product Roadmap
  • News
    • Market
    • acquisition
    • Funding
    • energy
    • Automobile
  • Industry
    • Beauty Sector
    • Entertainment
    • Hotel Industry
    • Enterprise IT
    • Property
    • Consumer Internet
    • Tech
    • E commerce
    • Agency
    • Edtech startup
    • Banking Sector
  • Health
  • Leadership
Search
More
  • Her Story
  • Interview
  • Art And Culture News
  • Women Power
  • cryptocurrency
  • current affairs
  • Investor Pitch Deck
  • List of Indian VCs
  • List Of Investors In India
  • pr-newswire
  • Press release
  • Raise fund
  • Submit Startup
  • Write for us
  • Partners
  • Jobs
  • Privacy Policy
Reading: SKF India Partners with IFB for Value-added Product in Non-Automotive Space
Share
Notification Show More
Latest News
Techie Turns Son’s School Project Into Startup, Builds Affordable Electric Bikes
Techie Turns Son’s School Project Into Startup, Builds Affordable Electric Bikes
February 4, 2023
LordsMed teams with Hindustan Antibiotics for rapid antigen test kits distribution
LordsMed teams with Hindustan Antibiotics for rapid antigen test kits distribution
February 2, 2023
D2C superfood brand Nourish You raised $2 million in seed from Y Janardhana Rao and others
D2C superfood brand Nourish You raised $2 million in seed from Y Janardhana Rao and others
February 1, 2023
Electric scooter and swappable-battery company Bounce Infinity raised $20 million funds from Sequoia
Electric scooter and swappable-battery company Bounce Infinity raised $20 million funds from Sequoia
January 31, 2023
Spice Story Gets Funded By a Shark, Raises Rs 70 lakh for 5 pc Equity
Spice Story Gets Funded By a Shark, Raises Rs 70 lakh for 5 pc Equity
January 30, 2023
Aa
TheindiabizzTheindiabizz
Aa
  • Business
  • Politics
  • Funding
  • Health
  • Science
  • Fashion
  • acquisition
  • Agency news
  • Beauty Sector
Search
  • Explore
    • India
    • Business
    • Venture capital
    • Private equity
    • Product Roadmap
  • News
    • Market
    • acquisition
    • Funding
    • energy
    • Automobile
  • Industry
    • Beauty Sector
    • Entertainment
    • Hotel Industry
    • Enterprise IT
    • Property
    • Consumer Internet
    • Tech
    • E commerce
    • Agency
    • Edtech startup
    • Banking Sector
  • Health
  • Leadership
Have an existing account? Sign In
Follow US
Business

SKF India Partners with IFB for Value-added Product in Non-Automotive Space

Editor Desk
By Editor Desk Published January 11, 2021
Last updated: 2021/01/11 at 2:39 PM
Share
SHARE
  • Marks entry into India’s domestic washing machine market

  • Innovative design of SKF Drum Support Unit contributes to energy savings and cost-effective manufacturing

SKF India has partnered with IFB Industries Ltd. for providing SKF Drum Support Unit specifically for use in front-loading washing machines. The SKF Drum Support Unit is the latest solution from SKF to improve the performance and manufacture of domestic washing machines. With the volume of 3 lakh pieces to be produced per year at the Bangalore unit of SKF India, the association aims to introduce an appliance that aims at delivering improved performance, comfort and energy savings.

SKF Drum Support Unit

With manufacturers under constant pressure to meet energy-efficiency targets and control production costs in the face of increasing material prices, the SKF Drum Support Unit provides an alternative to aluminium or cast iron solutions, helping bring cost and energy saving to washing machine manufacturers.

Manish Bhatnagar, Managing Director, SKF India Ltd. said, “SKF has always been at the forefront of innovation and tailored engineering solutions. IFB ‘s capabilities and market reach make them a very strong partner for bringing SKF India to the domestic washing machine market. The innovative Drum Support Unit for washing machines will help IFB’s customers to save energy consumption at home, while simultaneously contributing to cost-effective manufacturing and improved washing machine performance.”

Like many home appliance maker, IFB have traditionally used conventional cast iron and ball bearings fit to them and assembled with a plastic tub. The SKF Drum Support Unit is a single unit that comes with integrated bearings that are greased and sealed for life, so the number of assembly operations is reduced and no additional machining operations are required. Despite its lighter weight compared with metal equivalents, the drum support unit is a robust, compact and low-maintenance design. As a result, the unit cuts manufacturing and assembly costs and efforts while delivering end-users savings in terms of energy and improved performance

SKF’s mission is to be the undisputed leader in the bearing business. SKF offers solutions around the rotating shaft, including bearings, seals, lubrication, condition monitoring and maintenance services. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2018 were SEK 85 713 million and the number of employees was 44,428.

For more information, please visit: www.skf.com.

SKF is a registered trademark of the SKF Group.

14
0
0
0
Total
14
Shares
Share 14
Tweet 0
Pin it 0
Share 0
Editor Desk January 11, 2021
Share this Article
Facebook TwitterEmail Print
Share
Posted by Editor Desk
Follow:
We are a platform that balances both woke and informative content relevant to the masses. Catch the latest updates on business, travel, tech, and Entrepreneur, Startup News, Funding news, Indian Startup Ecosystem The India Bizz. News that brings a buzz
Previous Article CHD Chemicals Announces Q3 Results; Net Profit Rises 262%, EPS Almost Quadruples
Next Article Meet 22-yr-old Subrahmanyam Who Built EdTech Firm ‘Verzeo’ having Over 700 Employees in Just 3 Years
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like