Surgical Instruments Group Holdings has announced an investment of Rs. 231.5 crore to set up a healthcare device manufacturing facility in Telangana.

Gouri Sridhara, Managing Director and Amar Chidipothu, Director of Surgical Instruments Group Holdings (SIGH), a leading medical device manufacturing company from the UK, met Chief Minister Revanth Reddy, Minister of Industries and IT Minister in Davos.

As part of its global expansion and entry into the Indian market, SIGH announced its plan to set up a manufacturing facility in Hyderabad with a potential investment of INR 231.5 crore over the next 2-3 years. This will include the manufacturing of several devices that are currently not manufactured in India and will be a step towards affordable healthcare.

Chief Minister Revanth Reddy assured the delegation of full support from the state government.