SKF invests in a new factory for ball bearings in India

SKF invests in a new factory  for ball bearings in India

SKF, through its subsidiary SKF India Ltd., has decided to build a new
manufacturing site in Haridwar, Uttarakhand, for the manufacturing of ball
bearings. The investment amounts to approximately SEK 250 million.

The strong and growing demand, mainly from the Indian two-wheeler industry, but
also from a number of other customer segments, has led to the decision to
increase the manufacturing capacity in India. The new factory will have a
covered area of some 11 000 sq. meters and will increase SKF's manufacturing
capacity of ball bearings in India with more than one third. The
state-of-the-art factory is expected to be operational in March 2008 and will
employ some 300 persons. 

 “We are very positive about the economic development in the country.
Uttarakhand is an emerging industrial hub within the country. SKF's strategic
move to increase production capacity through the Haridwar factory signifies our
commitment not only to serve our customers effectively but also reinforces our
leading position in the market”, says Mr. Rakesh Makhija, Managing Director, SKF
India Ltd. 
				         *** 
SKF India Limited is the leading bearing company in India with manufacturing
factories in Pune and Bangalore. The SKF Group has also a seals company in India
with manufacturing facility in Bangalore. 

Göteborg, 26 April 2007

Aktiebolaget SKF 
(publ.)



For further information, please contact:
PRESS: Lars G Malmer, SKF Group Communication, tel. +46 (0)31 337 1541, e-mail:
Lars.G.Malmer@skf.com
IR: Marita Björk, SKF Investor Relations, tel: +46 (0)31 337 1994, mobile: +46
(0)705-181994,         e-post: marita.bjork@skf.com	


Aktiebolaget SKF, 415 50 Göteborg, tel: 031 337 1000, fax 031 337 1722,
www.skf.com