SIGH to invest Rs 231.5 cr in Hyderabad manufacturing facility for medical devices

  • Industry News
  • Jan 19,24
In the initial phase, Surgical Instruments Group Holdings (SIGH) intends to manufacture a range of medical devices, including general surgical instruments, precision instruments for microsurgeries, orthopedic power tools, dermatomes, and more.
SIGH to invest Rs 231.5 cr in Hyderabad manufacturing facility for medical devices

Surgical Instruments Group Holdings (SIGH), a British medical devices manufacturing company, has unveiled its intentions to establish a production facility in Hyderabad, India, with a potential investment of Rs 231.5 crore over the next two to three years.

This strategic move is a key component of SIGH's global expansion strategy and its entry into the Indian market. The company aims to address the unmet demand for various medical devices in the country, contributing to increased affordability in the healthcare sector. During discussions with Chief Minister A. Revanth Reddy and Industries and IT Minister D. Sridhar Babu at the World Economic Forum meeting in Davos, SIGH's Managing Director, Gouri Sridhara, and Director, Amar Chidipothu, outlined their comprehensive plans.

In the initial phase, SIGH intends to manufacture a range of medical devices, including general surgical instruments, precision instruments for microsurgeries, orthopedic power tools, dermatomes, and more. Subsequently, the company plans to broaden its product portfolio by venturing into the production of robotic medical devices in the second phase. Chief Minister A. Revanth Reddy assured full government support for the establishment of SIGH's manufacturing facility in Hyderabad.

Source: The Hindu

Related Stories

Aerospace Defence
Jeh Aerospace, Solestra Open Hyderabad Global Manufacturing Centre

Jeh Aerospace, Solestra Open Hyderabad Global Manufacturing Centre

Jeh Aerospace and Solestra Group have opened a dedicated global manufacturing centre at Jeh’s Hyderabad facility under a multi-year, multi-million-dollar agreement.

Read more
Plastic, Packaging & Printing
BioReform scales biodegradable bags, expands global sustainability footprint

BioReform scales biodegradable bags, expands global sustainability footprint

BioReform, an AIC-IIITH incubated startup, is advancing biodegradable packaging solutions, expanding across metros and global markets while replacing millions of single-use plastic bags.

Read more
Electrical & Electronics
Low-Cost IoT Device Enables Real-Time UPS Monitoring at IIIT-H

Low-Cost IoT Device Enables Real-Time UPS Monitoring at IIIT-H

Born from a campus IT challenge, IIIT-H researchers have developed Rs 2,000 IoT device that monitors UPS performance during power outages with near-second accuracy.

Read more

Related Products

Unique Aluminum Labels for Pharmaceutical Plants

Pharmaceutical Machinery & Accessories

Strokes India offers Metalpro™ unique aluminum labels for pharmaceutical plants

Read more

Request a Quote

Sautiner Machine

Pharmaceutical Machinery & Accessories

Sree Valsa Engineering Company offers a wide range of sautiner machine.

Read more

Request a Quote

Zero Holdup Filter Press

Pharmaceutical Machinery & Accessories

Veena Pharma Machinery offers a wide range of zero holdup filter press.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016