INTERVIEW-SKF India jacks up capex to 1.6 bln rupees

Newswire

* Plans to add 25-30 pct to existing capacity * Has been able to pass on part of cost push * Q4 net jumps 41 pct on higher sales By Aniruddha Basu MUMBAI, Feb 23 (Reuters) - Bearings maker SKF India plans to boost its capex for the year to 1.6 billion rupees from 1 billion rupees the year ago and ramp up operations at its three units, its chief said on Wednesday in an interview. The firm, an unit of Sweden's SKF , supplies bearings to the auto and industrial sectors from its plants ...

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