Schaeffler, German automotive component supplier has introduced a new concept car for India. This concept is based on Maruti Suzuki India’s Swift hatchback. It utilizes advanced drivetrain technologies so as to ensure its adaptability to Indian driving conditions. Increased fuel economy is what endears this concept to Indian buyers while at the same time the vehicle displays a high level of comforts and better performance.
Schaeffler has put in a great deal of efforts where research and development of this Efficient Future Mobility India car is concerned. The component supplier has ensured that the vehicle meets customer preference in India while it displays unique driving abilities best suited for the idiosyncrasies of driving conditions in the country. Efficiency is enhanced through the inclusion of Start/Stop system with electronic clutch management, variable cam timing and shift detection system. The concept was unveiled in Mumbai to add to Schaeffler Innovation Day celebrations while the company chose to remain mom where prices of this concept vehicle were concerned.
Schaeffler, the euro 11-billion giant, is going to invest INR 550 crores in India via expansion plans. It is present in India via FAG Bearings, INA Bearings and LuK India Pvt Ltd. FAG and INA have been the leaders in India for supplying rolling bearings. Their clients include Maruti Suzuki India and Hyundai India. Both FAG and INA have been growing at a steady rate of 15% annually in India.