Sigma Electric Manufacturing Corporation, a leading manufacturer of ferrous and non-ferrous castings, precision machined components and sub-assemblies, has announced that it will build a new plant in Jaipur, India, expanding its production capacity to meet increased market demand.
Sigma Electric will invest Rs 100 crore to construct the new facility in Jaipur, adding to the three plants already in operation there. Construction is expected to be completed by July 2019, and the plant will be fully operational by September 2019. The new plant, strategically located in Mahindra World City, will operate using state-of-the-art technology for production, fuel use and environmental controls. In addition to manufacturing facilities, the new plant will also house a world-class R&D centre and tool room. Sigma’s expansion of its Jaipur location will generate over 400 new jobs with the possibility of adding more production lines and jobs in the future.
“As a global leading manufacturer, we have decades of experience in producing and supplying finished goods and components to customers across a broad range of industries,” said Viren Joshi, CEO and president, Sigma Electric. With this increased capacity, they aim to support the rapidly growing demands of their customers across the world.