Sigma Freudenberg Nok (SFN) 2nd facility opens in Punjab

Sigma Freudenberg NOK (SFN), an Indo-German- Japanese joint venture company has set up its second production  facility in Basma, Punjab  for manufacturing of critical oil seals and sealing products for domestic and global automotive industry. The plant has been set up with a total investment of Rs.185 crore.

The SFN Basma  unit will produce oil seals including Radial Shaft Seals for Engine, Shock Absorber Seals, Valve and Steering Seals and Rubber Boots and O-Rings  for various Indian and global automotive companies including Maruti Suzuki, Honda Cars India, Tata Motors, Toyota, Ford, Ashok Leyland, Lucas TVS, Toyota, Eicher, Escorts Hyundai, Volkswagen and Mercedes.

“It will produce and export hydraulic, pneumatic  oil seals, packaging and diaphragms for engineering industry including Tata Steel, Jindal Steel, ABB, BHEL, ONGC, JCB, BEML, Bosch Rexorth, and tractor units” said J.D.Singh, Chairman, Sigma group.

The 100 pc eco friendly SFN Basma unit will generate employment for more than 2000 skilled and semi skilled workers with about 50 per cent being women.

“The ultra modern unit  set up  in 40 acres of land with 2,50,000 Sq ft as covered area in Basma is the second unit of the   SFN  to come up in India. An earlier oil seal producing unit of the SFN Joint venture has been successfully functioning in Mohali since year 2001. The second unit has been set up to meet the ever growing demand of oil seals in various sectors including automotive, agriculture, construction, mining ,power and steel industry “said Singh.

“Our German partner Freudenberg and Japanese partner NOK, cooperate globally in the oil seal business and the alliance commands 70 pc of the global market. In India SFN commands a dominant position in the domestic market. The various types of oil seals which are a major critical component of any automotive or engineering industry that seals lubricants and prevents the leakage of lubricants, water, or chemicals, additionally prevents the ingress of dust and dirt into any equipment, thereby substantially increasing its useful life. ”said Kabir Singh ,Managing Director , Sigma Feudenber NOK .