Sansera Engineering has signed a Memorandum of Understanding (MoU) with the Government of Karnataka, worth Rs 2100 crore. The MoU aims to expand Sansera’s manufacturing capacity in Harohalli, Ramanagara, driving growth in both the automotive and non-automotive sectors.
Sansera operates in more than 16 manufacturing facilities, employing a workforce of over 8000 people. Twelve of these manufacturing units are located in Karnataka in Bommasandra, Bidadi, and Tumkuru. The company’s key clients include names like Volkswagen, Honda, KTM, FCA, and Hero.
The MoU signing took place in the Minister for Large and Medium Industries and Infrastructure Development, M B Patil, Dr Selvakumar S, IAS, Principal Secretary, Department of Commerce and Industries, and Gunjan Krishna, IAS, Commissioner for Industrial Development and Director, Department of Commerce and Industries. Delegates from Sansera Engineering included Sekhar Vasan, Chairman & Managing Director, F R Singhvi, Joint Managing Director, and Rajesh Modi, Company Secretary were present during the MoU signing.
Under this MoU, Sansera Engineering plans to invest around Rs 2100 crore over a period of 3 to 5 years. This investment will be directed towards expanding their manufacturing capacity over a 55-acre plot in Harohalli, Ramanagara. The project is expected to create approximately 3500 direct and indirect jobs in the region.
Key Strategic Benefits of the Investment:
- Increased Exports: The new facility is expected to boost Sansera’s manufacturing capacity by approximately Rs 3000 crore, significantly contributing to India’s export growth.
- Skill Development: Sansera plans to establish a training centre to enhance the skills of the local workforce, fostering talent development and employment opportunities.
- Technology Transfer: Advanced technologies and best practices will be introduced through this plant, benefiting the local industrial ecosystem and promoting innovation.
Sansera Engineering, founded in 1981 and headquartered in Bengaluru, is an engineering-led, integrated manufacturer specializing in complex and critical precision-engineered components for both automotive and non-automotive sectors.
These components 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 a variety of precision components for aerospace, off-road, agriculture, and other segments, including engineering and capital goods.
