Schaeffler India

 
 
 
 
 
 
History

Company history

 
 
 

1962

FAG India incorporated as Precision Bearings India Limited (in collaboration with Norma Hoffmann Bearings Corporation, USA) in 1962. The foundation stone of the building was laid in April in 1963.

 

1964

Commencement of manufacturing operations. Bearings marketed under brand Name ‘NORMA’.

 
FAG Germany acquired the stake of Norma Hoffmann thus FAG India became a part of the FAG group.

1968

FAG Germany acquired the stake of Norma Hoffmann thus FAG India became a part of the FAG group.

 
First Expansion & launch of Spherical Roller Bearings Project for Indian Railways.

1975

First Expansion & launch of Spherical Roller Bearings Project for Indian Railways.

 
The company name changed to FAG Precision Bearings Limited.

1986

The company name changed to FAG Precision Bearings Limited.

 
Company celebrated its Silver Jubilee Year.

1989

Company celebrated its Silver Jubilee Year.

 
Change in brand name from NORMA to FAG

1992

Change in brand name from NORMA to FAG

 
Became first Indian Bearing company to achieve ISO 9001 certification.

1993

Became first Indian Bearing company to achieve ISO 9001 certification.

 
100% Export Oriented (EOU) Project for Cylindrical roller bearings inaugurated

1997

100% Export Oriented (EOU) Project for Cylindrical roller bearings inaugurated

 
Became first Indian Bearing company to achieve QS 9000 certification.

1998

Became first Indian Bearing company to achieve QS 9000 certification.

 
EOU Plant capacity expanded.

1998

EOU Plant capacity expanded.

 
Change in company name to FAG Bearings India Limited.

1999

Change in company name to FAG Bearings India Limited.

 
The company achieved ISO 14001 certification.

1999

The company achieved ISO 14001 certification.