SoluM Chairman visits Sri City
Commends Global-Standard Industrial Ecosystem
Sungho Jun and his team with Sri City MD
Hyderabad: Sungho Jun, Chairman & CEO of SoluM Co., Ltd., paid his maiden visit to Sri City to review the progress of SoluM India Hightech Private Limited’s state-of-the-art manufacturing facility, which is in the final stages of commissioning.
At the Business Centre, Dr. Ravindra Sannareddy, Managing Director of Sri City, welcomed Jun and outlined Sri City’s evolution into a globally competitive manufacturing destination. Expressing confidence in the collaboration, he stated that SoluM’s culture of innovation, combined with Sri City’s robust industrial ecosystem, would accelerate growth, enhance employment opportunities and advance the next phase of electronics manufacturing in India.
Jun commended Sri City’s investor-friendly policies, modern infrastructure and operational excellence. He also appreciated the proactive support of the Government of Andhra Pradesh and the facilitation extended by Sri City in enabling international investments.
SoluM India Hightech Private Limited is setting up its second manufacturing unit in India on a 20-acre site at Sri City with an investment of Rs 268 crore. The project is expected to create ample employment opportunities, contributing substantially to regional economic development and skill enhancement.
The plant will manufacture advanced electronic components and digital solutions such as 3-in-1 TV boards, server power supplies, EV charger components, control units, electronic shelf labels (ESLs) and controllers—reinforcing SoluM’s global leadership in innovative power modules and electronic systems.
