Editing SKF (section)

==Present day business==
[[Image:SKF building Schweinfurt 2012.jpg|thumb|right|200px|SKF building in [[Schweinfurt]], Germany (2012)]]
[[Image:Ball bearing self aligning.gif|frame|SKF self-aligning ball bearing]]
[[Image:SKF i Göteborg, den 16 aug 2006, bild 25.JPG|thumb|right|200px|Old SKF buildings in Gothenburg]]
===Products===
SKF sells products within five technology platforms:
* Bearings and Units 
* Mechatronics
* [[Automatic lubrication system|Lubrication Systems]]
* Services
* Seals
The SKF Group currently consists of approximately 150 companies, including the [[seal (mechanical)|seal]] manufacturer [[Chicago Rawhide]].  Since its founding, SKF's company headquarters have been located in Gothenburg.  One recent{{When|date=November 2023}} acquisition was that of Economos, part of [[Salzer Holding]], an [[Austria]]-based seal company, [[Jaeger Industrial]] and ABBA, [[Taiwan]]ese manufacturers of [[linear actuator]]s. The company's clients include [[General Electric]], [[Rolls-Royce Group PLC|Rolls-Royce plc]] and [[Pratt & Whitney]]. It also supplies bearings for [[Ferrari]] [[racing]] vehicles, used in [[Formula One]] races,<ref>{{cite web|url=http://www.logisticsit.com/absolutenm/templates/article-forecasting.aspx?articleid=2060&zoneid=3|title=Demand Forecasting - Forecasting, Demand Forecasting & Planning, S&OP, CPFR - Manufacturing & Logistics IT Magazine|website=Logisticsit.com|access-date=2 October 2017}}</ref> and is a [[sponsor (commercial)|sponsor]] of F1. Then SKF became sponsor of [[Team Penske]] in the [[NASCAR Cup Series]] since 2012, Then in 2017 SKF became as [[Brad Keselowski]] sponsor in #2 [[Ford Fusion (Americas)|Ford Fusion]] and #22 [[Ford Mustang]] in [[Xfinity Series]], Previously, it is Sponsor of [[Richard Childress Racing]], and [[Roush Fenway Racing]], SKF is Sponsor of [[Ducati Corse]] in [[MotoGP]] since 2015. Another focus area is the energy sector, including wind turbines which generate electricity.

By 2011, SKF Industrial Market, Regional Sales and Services, made up about 40% of SKF's total sales.<ref>{{Cite news|date=3 October 2013|title=SAMA Adds New Board Member|newspaper=PR Newswire (via Yahoo News)|url=https://news.yahoo.com/sama-adds-board-member-182500387.html|archive-url=https://web.archive.org/web/20131003194806/http://news.yahoo.com/sama-adds-board-member-182500387.html|archive-date=3 October 2013|url-status=live}}</ref>

In 2021, SKF had a total net sales of {{SEK|81.73 billion}}.{{r|AR2021}}{{rp|3}}
===SKF India===
SKF India, established in 1961, is the company's Indian subsidiary.<ref name=":0">{{Cite web |date=2021 |title=Annual Report 2020-21 |url=https://www.skf.com/binaries/pub12/Images/0901d19680cbb7e8-Annual-Report-2020-21_tcm_12-583838.pdf |access-date=24 June 2022 |website=SKF |page=2 |format=PDF}}</ref> SKF India is publicly listed on the [[National Stock Exchange of India]] and the [[Bombay Stock Exchange]].<ref>{{Cite web |title=SKF India Listing Information |url=https://economictimes.indiatimes.com/skf-india-ltd/infocompanylisting/companyid-13139.cms |access-date=2022-06-23 |website=The Economic Times}}</ref> The company has a large presence in the Indian bearing industry. As of 2021, SKF India has 3 manufacturing facilities and 12 offices across India.<ref name=":0" /> SKF India employs 1762 people, more than 1900 suppliers and 455 authorized distributors.<ref>{{Cite web |date=2021 |title=Annual Report 2020-21 |url=https://www.skf.com/binaries/pub12/Images/0901d19680cbb7e8-Annual-Report-2020-21_tcm_12-583838.pdf |access-date=25 June 2022 |website=SKF |page=8 |format=PDF}}</ref> In total SKF has a pan India footprint consisting of 6 manufacturing facilities, 3 part of other SKF Units in India.