Syrma SGS

Syrma SGS, through its subsidiary Syrma Strategic Electronics, is investing $90 million to set up a printed circuit board manufacturing facility in Naidupeta, Andhra Pradesh. The first phase is expected to commence commercial operations by April 2027 and create around 1,000 jobs.

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 has approved the acquisition of Mumbai-based Elcome Integrated Systems in four tranches, with the first tranche of 60% stake for ₹235 crore. Elcome will also acquire Navicom Technology International.