Schaeffler India Limited — Updates, 20-12-2024: Press Release

Schaeffler India has appointed Mr. Sharad Bhatia as the Head of Vehicle Lifetime Solutions (VLS), effective December 2, 2024. With over 24 years of experience in the automotive parts industry, Mr. Bhatia is expected to enhance Schaeffler’s presence in the mobility ecosystem by focusing on sustainable and advanced motion technology solutions. His background in aftermarket service parts will be vital as the company aims to grow its VLS segment, enhancing vehicle longevity and sustainability. Mr. Bhatia’s international experience includes roles in markets such as Indonesia, China, Singapore, and Italy, further bolstering Schaeffler’s strategic growth objectives in India. His leadership is anticipated to drive innovation and value in Schaeffler's offerings, reflecting the company’s commitment to adapting to the evolving automotive landscape.