Sansera plans to invest $210 billion to expand Ramanagara manufacturing facility, aiming to drive growth in automotive and non-automotive sectors and boost exports.
On Wednesday, Sansera Engineering Limited announced that it has signed a Memorandum of Understanding (MoU) with the Karnataka government to expand its manufacturing capacity with an investment of $210 billion. The project, which will stretch over 3-5 years. It will expand the company’s manufacturing capacity in both automotive and non-automotive sectors at a 55-acre plot in Harohalli, Ramanagara. The new facility is expected to boost Sansera’s manufacturing capacity by approximately $30 billion, significantly contributing to India’s export growth.
Sansera plans to establish a training centre to upskill the local workforce, creating approximately 3500 direct and indirect jobs in the region. Advanced technologies and best practices will be introduced through this plant, benefiting the local industrial ecosystem and promoting innovation.
Within the automotive sector, Sansera manufactures and supplies a wide range of precision-forged and machined components and assemblies, including connecting rods, rocker arms, crankshafts, and gear shifter forks. These are crucial for engine, transmission, suspension, braking, chassis, and other systems in 2-wheelers, passenger vehicles, and commercial vehicles. In the non-automotive sector, Sansera supplies various precision components for aerospace, off-road, agriculture, and other segments, including engineering and capital goods.
