Belagavi, Karnataka: The SFS Group has begun construction on Project Sprint, its new industrial project spanning 30 acres in the Kanagala Industrial Area, an upcoming industrial hub in Belagavi, Karnataka, India. The project aims to create a unified campus, supporting growth in the Automotive and Electronics divisions. The company is proposing to manufacture Electronic Mobile Devices Parts, Hard Disk Drives, Power Adapters among others at their unit in Kanagala.
Project Sprint will be developed in multiple phases. The Phase 1 shall include a Total Land Area of 119,800 m2 and with a Plan Built-up Area of 24,500 m2. The first phase of the project is expected to be completed by the end of 2025.
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SFS Group has designed Project Sprint with a future-focused approach, integrating advanced technologies such as automation, robotics, and artificial intelligence into its operations. In addition to promoting local production, the project aims to uplift the local workforce, providing skill development opportunities to prepare workers for roles in high-tech manufacturing environments.
SFS Group’s Project Sprint leverages India’s potential as global customers adopt a “China Plus One” approach and new electronics opportunities emerge. The project aims to create a unified campus, supporting growth in the Automotive and Electronics divisions, enhancing operational efficiency, and strengthening business risk management. Positioned to deliver local-for-local solutions, Project Sprint will maximize resources, build technical expertise, and meet supply chain needs with locally-based production.
About SFS Group
SFS Group India Private Limited is India’s largest manufacturer of engine valve collets, rocker arm screws, turbocharger components and assemblies, fuel system parts and assemblies. The company has its manufacturing operations in Pune and Belagavi, India, and its products are sold globally. In the last three decades, the company has supplied over 800 million parts to its valued OEM customers.
The SFS Group is a global market leader for mechanical fastening systems and precision formed components. Based on a focused set of core technologies, SFS serves diversified end markets, including the automotive, construction/construction supply, electrical/electronics, aerospace and medical components industry. The SFS Group is headquartered in Heerbrugg, Switzerland.
