Sandfits Foundries and the Tamil Nadu government exchanged a Memorandum of Understanding (MoU), under which Sandfits Foundries will invest ₹117 crore in Coimbatore, generating 600 jobs in auto-components and ductile iron castings.
The exchange took place during the TN Rising Investors’ Meeting held at Hotel Le Méridien on 25th November 2025.
Representatives from Sandfits Foundries exchanged the MoU with Darez Ahamed, Managing Director of Guidance, the state’s investment promotion and single-window facilitation agency under the Industries Department.
