Sigma Electric– global leader inmanufacture of ferrous and non-ferrous machined castings
The global economy is showing signs of being poised for growth in 2018 and beyond—with strong economic growth trends showingin US,parts of Europe and parts of Rest of the world including India. There continues to be a strong movement to shift manufacturing away from developed economies to countries like India. India can become a Global base for Manufacturing, given the country's focus on Make in India. Sigma Electric is a great example of Make in India and supply an array of products globally
Sigma Electric is a leading player of high precision, machined castings with a diversified global customer base. Sigma boasts a comprehensive product portfolio that is among the broadest in the industry with 10,000 SKUs, a large subset of which are custom designed and highly engineered.Sigma has developed arange of innovative castings in ferrous& non-ferrous metals offering a one-stop shop for an unrivalled range of products &services. This has helped establish the company as a leading manufacturer of machined metal castings, precision machined components and sub-assemblies for MNCs in the diversified market segments such as electrical, power transmission, lighting, industrial, power tools, process instrumentation, appliances and telecom markets across the globe. Several leading brands across the globe including Eaton, Electrolux, Yokogawa, Endress + Hauser, Hubbell, Lowes, Siemens, ABB, Whirlpool, Stanley Black & Decker, Emerson are a part of Sigma's varied clientele.
Sigma's journey traces its roots to 1982 in New Orleans, USA.Over the course of two and a half decades, Sigma has grown into a giant teamof three thousand five hundred employees networked across the globe. The company has nine state-of-the-art manufacturing facilities at Pune and Jaipur in India,with production capabilities for machined castings from a wide range of metals like aluminium, zinc, copper, iron and steel. The company has its headquarters, a high-end technical centeras well as a distributioncenterover 180 000 sq. ft. in North Carolina, USA. Both the manufacturing centersin India are equipped with advanced UL accredited labs, state of the art tool rooms and R&D centers. Besides, the company boasts a special purposemachine design and development center,has capabilityin performing high-end precision machining and excellent sub-assembly capabilities and also has expertise in global supply chain management. All units of the company adhere to lean manufacturing practices and global compliance norms, which leads to ensuring the highest standards of quality in production.
The Sigma Excellence
During a conversation with The CEO Magazine, Mr. Viren Joshi – Chief Executive Officer and President at Sigma Electric shares about Sigma's leadership position in the industry, "Sigma has become a one-stop destination to multi-national customers for a large portion of their casting requirements; both sand casting and die castings, in zinc, aluminium, copper (bronze and brass), iron (malleable, ductile & grey).Sigma'sworld-class facilities with ISO 9001:2008 and ISO 14001 certifications, guarantee our constant focus on quality and efficient processes. Moreover, all the plants work on lean manufacturing methods that assures our clients that the products meet highly cost competitive standards and achieveexcellent On Time Delivery.Sigma has leveraged its engineering and manufacturing capabilities to develop mission critical components needed to serve market segments demanding complex machined castings – thatrequire improved aesthetics, tighter tolerances on porosity control and precision machining.Our leadership in this market isstrengthened by our powerful global distribution capabilities, excellent delivery of projects and best in class fill rates for our customers."
Meet the CEO
Viren Joshi – CEO and President at Sigma Electric
Viren's expertise is rooted over a span of three and a half decades in leading engineering MNCs in India and abroad. Prior to joining Sigma, Virenwas Managing Director for Parker Hannifin in India and South Asia for 15 years and led it to a leadership position in the fluid power market. His skills encompass growing new businesses from the ground up as well as managing rapid growth at large engineering MNCs. In addition, he has extensive experience in M&A and is an enthusiast of Lean practices, balanced scorecard and talent development. He is currently Vice Chairman, CII Pune Zonal Council and is focused on promoting – Operational Excellence, Industry Academia interaction and SMEs. He was Chairman, CII Fluid Power Division. He holds a Bachelors degree in Mechanical Engineering and Post Graduate diploma in Management from Bombay University.