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Syrma SGS entered into a joint venture agreement with Shinhyup Electronics of South Korea for manufacturing multi-layer printed circuit boards, automobile electronic equipment, and home electronic appliances.
Syrma SGS Technology plans to establish a multi-layer PCB and CCL manufacturing facility in Naidupeta, Andhra Pradesh, with an investment of approximately ₹18 billion, in partnership with South Korea's Shinhyup Electronics. The plant is expected to become operational by 2026-27.