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

Smart Manufacturing
Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth

Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth

The parties have signed a memorandum of understanding (MOU) to support iTIC Incubator affiliated startup companies

Read more
Auto & Auto Components
Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant

Biliti Electric plans Rs 400 crore investment in Hyderabad manufacturing plant

The company, which has been set up by the founders of Hyderabad-based Gayam Motor Works, is positioning itself as a significant player in the global EV market

Read more
Auto & Auto Components
Eicher and ITC partner to promote sustainable logistics

Eicher and ITC partner to promote sustainable logistics

Eicher Pro 2055 EV, India’s first commercially available 5.5ton truck was showcased at the Bharat Mobility Global Expo 2024.

Read more

Related Products

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

Single Rotary Tablet Press Machine - Issac Ci 10008

Pharmaceutical Machinery & Accessories

Chamunda Pharma Machinery Pvt Ltd offers a wide range of single rotary tablet press machine - ISSAC Ci 10008 .

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

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back