Harsha Kadam, MD & CEO of Schaeffler India
Schaeffler India, a leading motion technology company, has intensified efforts to eliminate counterfeit products from the market through multiple enforcement actions, according to a press release issued today. The company collaborated with local authorities to conduct around one hundred legal activities, including several successful raids in Delhi, Mumbai, and Kolkata.
The shares of Schaeffler India Limited were trading at ₹3,289.65, down by ₹2.10 or 0.37 per cent on the NSE today at 1.35 pm.
The operations resulted in the seizure of counterfeit products falsely marked with Schaeffler’s brands FAG, INA, and LuK. These fake components pose serious risks to operational safety and product performance while damaging customer trust.
“Counterfeit products not only compromise safety and performance but also erode trust in the industry,” said Harsha Kadam, MD & CEO of Schaeffler India. The company has reinforced its vigilance and enforcement mechanisms to track and dismantle unauthorized supply chains.
Schaeffler India has implemented several measures to help customers identify genuine products, including unique identification codes, two-dimensional barcodes on packaging, and the Schaeffler OriginCheck mobile app available on iOS and Android platforms for authentication.
The company urges customers to remain vigilant and purchase only from Schaeffler-authorized distributors to ensure product authenticity. Counterfeits can lead to unplanned downtimes, higher maintenance costs, and supply chain inefficiencies.
Schaeffler India maintains its commitment to continue working with authorities and industry stakeholders to strengthen anti-counterfeit enforcement and raise awareness among customers.
Published on April 3, 2025
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