Get All Access for $5/mo

Sansera Engineering Signs INR 2,100 Cr MoU with Karnataka Government for Major Expansion Project The MoU will be over a period of 3 to 5 years to expand their manufacturing capacity in both automotive and non-automotive sectors.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

MoU Signing Event

Sansera Engineering Limited, a Bengaluru-based manufacturer of precision-engineered components for both automotive and non-automotive sectors, has signed a memorandum of understanding (MoU) with the Karnataka government to significantly expand its operations in Harohalli.

The company plans to invest INR 2,100 crore over the next three to five years, focusing on increasing its manufacturing capacity on a 55-acre plot in the Ramanagara district.

This substantial investment is expected to create approximately 3,500 direct and indirect jobs, boosting the local economy.

Karnataka Minister for Large and Medium Industries MB Patil said, Sansera would direct this investment towards expanding its manufacturing capacity over a 55-acre plot in Harohalli of Ramanagara district.

"The company plans to establish a training centre to enhance the skills of the local workforce, creating talent development and employment opportunities. Advanced technologies and best practices which will be introduced through this plant would benefit the local industrial ecosystem and promote innovation," Patil said.

Founded in 1981, Sansera Engineering manufactures a diverse range of precision-forged and machined components for the automotive industry, including connecting rods, rocker arms, crankshafts, and gear shifter forks.

These components are essential for various systems in 2-wheelers, passenger vehicles, and commercial vehicles. Additionally, Sansera serves the non-automotive sector, providing precision components for aerospace, off-road, agriculture, and engineering sectors.

With over 16 state-of-the-art manufacturing facilities and a workforce of over 8,000 employees, Sansera operates extensively in Karnataka, including units in Bommasandra, Bidadi, and Tumkuru. Its client base features major names such as Volkswagen, Honda, KTM, FCA, and Hero.

In related news, Bosch Automotive Electronics India Pvt Ltd has announced a separate investment of INR 150 crore to inaugurate a Flexi Dome Camera manufacturing line at its Naganathapura plant in Karnataka. This move underscores Bosch's commitment to enhancing its manufacturing capabilities in India.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

Here's How the CEOs of Salesforce and Nvidia Use ChatGPT in Their Daily Lives

Nvidia CEO Jensen Huang and Salesforce CEO Marc Benioff use ChatGPT often — and in very unexpected ways.

Health & Wellness

How to Find the Right Balance Between Screen Time and 'Me' Time (and Why It's So Important)

Discussing how excessive screen time affects your mental health and the importance of spending time alone and away from your screens to recharge.

Growing a Business

Why Doing the Right Thing Leads to Long-Term Success

Simplicity, authenticity, and excellence are the keys to sustainable business success.

Growing a Business

At 24, She Was Fired From Her Advertising Job. Then an 'Incredibly Important' Mindset Helped Her Build a Multimillion-Dollar Business.

Melissa Ben-Ishay's brother Brian Bushell encouraged her to follow her passion — and it led to major success.

Leadership

How to Navigate the Complexities and Challenges of Real-World Events Impacting Your Company

Global disruptions are inevitable, but they don't have to bring your entrepreneurial efforts to a stop. Let's explore some practical tips for building resilience, fostering innovation and staying true to core values during uncertain times.

Growing a Business

3 Inspiring Speakers Who Can Motivate Your Leadership Team

These inspiring speakers share innovative strategies to elevate your leadership skills and drive lasting success for your team.