Super Iron Foundry's Saudi Subsidiary Secures 10-Year Land Lease for New Manufacturing Unit

Super Iron Foundry Ltd (SIF), a prominent player in the iron foundry industry, has taken a significant step towards expanding its global footprint. The company's wholly owned subsidiary, SIF Saudi Arabia Company Limited, has inked a 10-year land lease agreement with the Saudi Industrial Authority (MODON) to establish a new foundry and manufacturing unit in the Kingdom of Saudi Arabia.

Strategic Location

The newly allocated land, measuring approximately 9,141 square meters, is situated in Dammam 3rd Industrial City. This strategic location in Saudi Arabia's Eastern Province positions SIF to tap into the growing industrial sector in the region.

Expansion Strategy

This move is part of Super Iron Foundry's broader strategy to diversify its manufacturing base and enhance its global competitiveness. The company anticipates that this expansion will enable:

• Cost-efficient product delivery
• Seamless supply chain operations for global clients
• Enhanced resilience during periods of tariff wars

Long-term Commitment

The 10-year lease agreement underscores Super Iron Foundry's long-term commitment to the Saudi Arabian market. This investment aligns with the Kingdom's vision to attract foreign investments and boost its industrial sector.

Management's Perspective

Akhilesh Saklecha, Managing Director of Super Iron Foundry Ltd, commented on the development, stating, "This expansion into Saudi Arabia represents a significant milestone for our company. It not only diversifies our manufacturing base but also positions us to better serve our global clients, especially during times of tariff uncertainties."

Company Background

Super Iron Foundry Ltd, formerly known as Super Iron Foundry Pvt. Ltd., is an ISO 9001:2015, ISO 14001:2015, and OHSAS 45001:2018 certified company. Recognized as a Three Star Export House by the Government of India, SIF has established itself as a key player in the iron foundry sector.

This strategic move by Super Iron Foundry Ltd demonstrates the company's commitment to global expansion and its adaptability in navigating the challenges of international trade dynamics. As the new facility in Saudi Arabia takes shape, industry observers will be keen to see how this expansion impacts the company's market position and operational efficiency in the coming years.