SKF awarded sealing solutions contract from Indian Railways
2010 February 02, 09:00 CET
SKF has been chosen by the Indian Railways, to supply seals for the refurbishment of tapered bearing units for freight cars.
It is the single largest order, worth around 20 MSEK, released by the Indian Railways, New Delhi to any individual supplier for seals. The seals will be manufactured in the SKF plant in Bangalore.
- SKF is proud to be a partner with the Indian Railways in providing sustainable solutions that are world class and with minimal impact on the environment, says Shishir Joshipura, Managing Director, SKF India Limited.
Indian Railways has one of the largest and busiest rail networks in the world, transporting more than two million tonnes of freight daily. With the number of mega-cities increasing, the need to develop sustainable mobility is an absolute priority today as there is a natural need for replacement and maintenance of wagons and components.
Gothenburg, 2 February 2010
|AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.00 am on 2 February 2010.
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SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group's service offer includes technical support, maintenance services, engineering consultancy and training. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. The Group's annual sales 2009 were SEK 56,227 million. The number of employees was 41,172. www.skf.com.