Syrma SGS begins construction on new PCB plant in Andhra Pradesh
Syrma SGS Technology Limited announced the initiation of construction for a new state-of-the-art Printed Circuit Board (PCB) manufacturing facility in Naidupeta, Andhra Pradesh. This expansion, developed through its subsidiary Syrma Strategic Electronics Pvt. Ltd., aims to bolster India's electronics manufacturing ecosystem and will create over 1,000 direct jobs. The facility is designed to produce a full spectrum of PCBs, including single-layer and multi-layer variants.
To enhance technological capabilities, Syrma SGS has formed a joint venture with South Korea's Shinhyup Electronics (SH Electronics Ltd.), a company recognized for its PCB engineering expertise. This collaboration is expected to enrich capabilities, sharpen quality, and strengthen the new facility's competitive edge in the global market.
The company, with over 30 years of experience, serves more than 270 customers across 20+ countries and reported a consolidated revenue of approximately INR 3,839 Crores for FY25. Syrma SGS offers a comprehensive range of services, including product design, assembly (PCBA & box build), quick prototyping, and tester development services.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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