π Tender Overview
Scope : To Expand Auto Components Manufacturing Capacity at Harohalli, Ramanagara in Karnataka
Sansera Engineering Limited signed a Memorandum of Understanding (MoU) with the Karnataka government to expand Sansera's manufacturing capacity in Ramanagara with an investment of Rs 2,100 crore. The facility at Harohalli, Ramanagara is expected to drive growth in both the automotive and non-automotive sectors.
Under this MoU, Sansera Engineering plans to invest around Rs 2,100 crore over a period of three to five 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 3,500 direct and indirect jobs in the region.
The new facility is expected to boost Sansera's manufacturing capacity by approximately Rs 3,000 crore, significantly contributing to India's export growth.