Bengaluru-based Sansera Engineering Ltd, on Wednesday, July 31, announced signing an MoU (Memorandum of Understanding) with the Karnataka Government to expand its manufacturing capacity. The company plans to invest an estimated INR 2,100 Crore in this venture.
The proposed facility will be located in Harohalli, Ramanagara district, over an anticipated 55 Acres of land parcel. Sansera Engineering will invest the said amount within a period of 3-5 years. The company plans to establish a training centre with advanced technologies and best practices benefiting the local industrial ecosystem.
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The upcoming project is expected to generate 3500 direct and indirect job opportunities. Additionally, this strategic investment aims to boost growth in both the automotive and non-automotive sectors.
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