MARKETS / COMPANIES / ECONOMYRSS edition ↗
Earnings Journal
Company News

Royal Sandur Group company forays into medical devices and consumables

SENSEX 73,249.39 -460.30 NIFTY 22,687.65 -123.70 CRUDEOIL 9,495.00 + 287.00 GOLD 144,487.00 -1,592.00 SILVER 202,871.00 -6,297.00 SENSEX 73,249.39 -460.30 NIFTY 22,687.65 -123.70 NIFTY 22,687.65 -123.70 CRUDEOIL 9,495.00…

Royal Sandur Group company forays into medical devices and consumables
SENSEX 73,249.39

 -460.30

NIFTY 22,687.65

 -123.70

CRUDEOIL 9,495.00

+ 287.00

GOLD 144,487.00

 -1,592.00

SILVER 202,871.00

 -6,297.00

SENSEX 73,249.39

 -460.30

NIFTY 22,687.65

 -123.70

NIFTY 22,687.65

 -123.70

CRUDEOIL 9,495.00

+ 287.00

CRUDEOIL 9,495.00

+ 287.00

GOLD 144,487.00

 -1,592.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

A long-term lease deed was executed between Royal Sandur MedTech Private Limited and Andhra Pradesh MedTech Zone Limited for setting up a manufacturing unit

By BL Mumbai Bureau

Updated - October 22, 2026 at 07:17 PM.

SMIORE is a private sector merchant miner and commodity producer, operating over seven decades

The Sandur Manganese & Iron Ores Limited (SMIORE), flagship company of the Royal Sandur Group, has forayed into medical devices and consumables. A wholly-owned subsidiary of the company, Royal Sandur MedTech Private Limited has also taken land on a long-term lease at the Andhra Pradesh MedTech Zone (‘AMTZ’), Visakhapatnam – a medical technology park with common manufacturing facilities and scientific facilities.

The lease deed was executed about a couple of days ago between Royal Sandur MedTech Private Limited and Andhra Pradesh MedTech Zone Limited (a Government of Andhra Pradesh undertaking that owns and operates AMTZ), for setting up a manufacturing unit there. Royal Sandur MedTech Private Limited has also taken office space at World Trade Center AMTZ to support project development, it said, of the move that marks the group’s diversification strategy.

Diversification Strategy

Bahirji A Ghorpade, Managing Director, SMIORE, said, “Our diversification strategy is about building new engines of growth alongside our core mining and metals businesses. 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.”

Dr Jitendra Sharma, Managing Director and Founder Chief Executive Officer, AMTZ, said, the company’s investment “reflected the growing confidence of 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.”

Portfolio

SMIORE is a private sector merchant miner and commodity producer, operating over seven decades. Its operations span over three business segments - mining (Manganese & Iron Ores), ferroalloys, and coke and energy. Further, it has a presence in specialty steel sector through its material subsidiary Royal Sandur Metals Private Limited Together, the assets work to leverage benefits of being an integrated company, it said.

Published on October 22, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!
  • Access 10 free stories per month
  • Get notified by email for early preview to new features, discounts & offers
Source: The Hindu BusinessLine — Companies ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.