SIGH to build ₹231 crore surgical instrument hub in Hyderabad

UK-based Surgical Instruments Group Holdings (SIGH) has unveiled plans to establish a state-of-the-art manufacturing facility in Hyderabad, Telangana, with a significant investment of Rs 231 crore over the next two to three years.

The announcement transpired during a meeting between SIGH executives and Telangana Chief Minister A Revanth Reddy at Davos, held on the sidelines of the annual World Economic Forum gathering. This strategic move is part of SIGH's comprehensive global expansion initiative and marks its foray into the burgeoning Indian market.

In the initial phase, SIGH will focus on manufacturing a range of medical instruments, including general surgical instruments, precision tools for micro-surgeries, orthopedic power tools, dermatomes for maxo surgery, ophthalmic instruments, and minimally invasive surgery devices. The subsequent phase will witness the production of cutting-edge robotic medical devices.

Renowned for its role as a supplier to the UK’s National Health Service (NHS), Ministry of Defence (Army), and private hospitals, SIGH boasts an impressive portfolio, having acquired 11 companies over the years. Among these acquisitions are well-known brands such as Osborn & Simmons, Valeplan, Decon Sciences, and Heinz Waldrik. This expansion project underscores SIGH's commitment to advancing healthcare solutions and reinforcing its position in the global medical technology landscape.

News by Rahul Yelligetti