Syrma SGS and Elemaster form JV for electronics manufacturing in Bengaluru

Syrma SGS Technologies entered a joint venture with Italy's Elemaster to manufacture electronics for railway, industrial, and medical clients. The JV will set up a facility in Bengaluru with an initial investment of ₹55 crore, targeting ₹200 crore revenue by FY27.

“Mumbai-based electronics components maker Syrma SGS Technologies has entered into a joint venture with Italy’s Elemaster to manufacture cost-efficient, high-quality products for railway, industrial, and medical clients.”cnbctv18.com

• 1 source
• cnbctv18.comSyrma SGS-Elemaster JV targets ₹200 crore revenue by FY27 - CNBC TV18Surabhi UpadhyaySep 3, 2025

Summarized from public sources; check the original articles before acting on it.