Royal Sandur Group Forays into Healthcare Manufacturing
#MakeInIndia#MedicalDevices#AMTZ#BusinessExpansion#HealthcareInnovation#MedTechIndia#RoyalSandur#SMIORE"Our diversification strategy is about building new engines of growth alongside our core mining and metals businesses. The Medical Devices and Consumables sector offers considerable opportunities for domestic manufacturing to grow, and the Andhra Pradesh MedTech Zone, with its common manufacturing and scientific facilities, gives a new entrant the right platform to build capabilities in a focused and capital-efficient manner. Securing this land is the first concrete step in this journey, and we intend to pursue it with the same discipline that has defined our enterprise over seven decades." - Bahirji A. Ghorpade, Managing Director, SMIORE
Oct 2026 : The Sandur Manganese & Iron Ores Limited (SMIORE) - the flagship enterprise of the Royal Sandur Group - has officially entered the healthcare landscape. Its wholly owned subsidiary, Royal Sandur MedTech Private Limited, signed a long-term land lease at the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam to set up a medical devices and consumables manufacturing facility.
Executed in October 2026, with Andhra Pradesh MedTech Zone Limited, the deal secures 6.2 acres (approx. 25,090 square metres) of fully developed land equipped with essential power, water, road, and effluent infrastructure. The agreement spans a 33-year lease, with an exclusive provision to convert the land into freehold ownership ten years after commercial operations begin. Additionally, the company has secured office space at World Trade Center AMTZ to fast-track project development.
This venture marks a major milestone in SMIORE’s multi-sector diversification roadmap.
Commenting on the development, Bahirji A. Ghorpade, Managing Director, SMIORE said, "Our diversification strategy is about building new engines of growth alongside our core mining and metals businesses. The Medical Devices and Consumables sector offers considerable opportunities for domestic manufacturing to grow, and the Andhra Pradesh MedTech Zone, with its common manufacturing and scientific facilities, gives a new entrant the right platform to build capabilities in a focused and capital-efficient manner. Securing this land is the first concrete step in this journey, and we intend to pursue it with the same discipline that has defined our enterprise over seven decades."
Welcoming Royal Sandur MedTech to the ecosystem, Dr. Jitendra Sharma, Managing Director & Founder CEO, Andhra Pradesh MedTech Zone (AMTZ) said, "We were pleased to welcome Royal Sandur MedTech to the AMTZ ecosystem. Their investment reflected the growing confidence of the Indian industry in the nation's medical technology manufacturing capabilities and reinforced AMTZ's role as a catalyst for innovation, indigenous manufacturing, and global competitiveness. Such collaborations continue to accelerate India's journey towards becoming a global hub for medical technology manufacturing and healthcare innovation."
TRENDING ON PRO MFG
MORE FROM THE SECTION