Sansera Engineering Limited, a Bengaluru-based manufacturer of precision-engineered components for automotive and non-automotive sectors, signed an MoU with the Karnataka government on July 31 to expand its manufacturing capacity in Harohalli. The company plans to invest ₹2,100 crore over the next three to five years, creating 3,500 direct and indirect jobs.
The investment will be directed towards expanding Sansera's manufacturing capacity on a 55-acre plot in Harohalli, Ramanagara district. Karnataka's Minister for Large and Medium Industries, MB Patil, highlighted the significant impact of this expansion on the local economy and employment.
Sansera's strategic move aligns with its growth ambitions and commitment to bolstering its production capabilities to meet increasing demand in both the automotive and non-automotive sectors.
This substantial investment is expected to enhance Sansera's market position and contribute to the overall industrial development of Karnataka. The company's focus on precision engineering and advanced manufacturing techniques positions it as a key player in the industry.
By expanding its footprint, Sansera Engineering aims to drive innovation and support the regional economy through job creation and technological advancements.
News by Rahul Yelligetti