Bearings maker SKF India Ltd is spending about INR 1 billion in 2010 to ramp up existing capacity as it tries to keep up with growing demand.

The firm a unit of Sweden's SKF the world's largest bearings maker follows the calendar year as it’s fiscal. Mr Shishir Joshipura MD of SKF India told Reuters that "There is a problem with capacities, not only with us, but also with our supplier base, the whole chain has to scale up capacities.”

(Sourced from Reuters)