As global business policies shift, Schaeffler eyes India for higher investments: CEO Klaus Rosenfeld
The EUR 16 billion Tier1 major for automotive and industrial components is bullish on opportunities in the Indian EV industry. The growing deglobalisation policies and geopolitical developments are also causing the German company to spread out its investments geographically. Its immediate plans include EUR 250 million investment in India.
Tags : schaeffler klaus rosenfeld investment ira pli scheme auto components E-mobility ev battery automobile industry ev market in india
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