Electronics Systems Design & Manufacturing Company Sets Up One of The Largest Electronics Manufacturing Facility in Pune
With a clear vision, the company has positioned itself to quickly expand its capabilities and stay ahead of the curve in dynamic market trends.
Syrma SGS Technology Limited, one of the leading electronics systems design and manufacturing companies in India, today announced the opening of one of its largest state-of-the-art integrated electronics manufacturing facilities in Ranjangaon near Pune. The facility was formally inaugurated by key customers and Mr. Sandeep Tandon, Executive Chairman, Syrma SGS.
The new campus is spread across 26.5 acres of land and will have a manufacturing area of 1.20 million square feet at its peak. This new campus will strengthen the company's PCB (Printed Circuit Board) assembly capabilities and will primarily serve the growing domestic demand for PCBAs, especially in the automotive and industrial sectors. The first phase of the facility commissioned today, measuring over 60,000 square feet, is expected to create approximately 1,000 direct employees.
With a clear vision, the company has positioned itself to quickly expand its capabilities and stay ahead of the curve in dynamic market trends. The new facility will complement the company’s existing manufacturing capacities by bringing operational efficiencies and positioning Syrma SGS as a key player in meeting the increasing demand for cutting-edge electronics manufacturing.
Syrma SGS continue to offer an extensive range of solutions, tailored to meet the diverse Electronics Manufacturing needs of both Indian and global OEMs. These include product design, rapid prototyping, PCB assembly, box builds and customised end-to-end solutions such as RFID tags, high-frequency magnetic components, repair, rework and automatic tester development services, ensuring comprehensive support at every step of the product life cycle.
Speaking on this milestone inauguration, Mr. Sandeep Tandon, Chairman, of Syrma SGS stated, "Syrma SGS is a pioneer in Electronic Systems Design and Manufacturing (ESDM), committed to driving industry advancements through innovative solutions. Our dedication to excellence ensures sustainable growth and sets new benchmarks in the field". Mr J S Gujral, Managing Director, Syrma SGS added “Our focus remains on strengthening our capabilities and expanding capacities to meet the evolving market demands. With the ‘Make in India’ initiative gaining momentum, the launch of our Pune facility positions us perfectly to capitalize on the vast business opportunities ahead."
“This new Pune campus is our first multi-facility campus with the capability to serve customers in multiple sectors and at the global scale” said Satendra Singh, CEO of SyrmaSGS.
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About Syrma SGS Technology Limited
Syrma SGS is a leading Indian Electronic Systems Design and Manufacturing company. With over 45 years of expertise, Syrma SGS has been the preferred partner for customers seeking innovative and efficient solutions. The Company serves more than 270 customers across 20+ countries. It has a pan-India manufacturing footprint with facilities in Chennai, Bangalore, Manesar, Gurgaon, Pune, Noida and Baddi, along with R&D centres in Chennai, Pune, Bangalore and Stuttgart, Germany. For FY23-24, Syrma SGS achieved consolidated revenue of approximately USD 379 million.
The Company offers a comprehensive range of services, including Product Design, Assembly (PCBA & Box Build), Quick Prototyping and Tester Development Services, positioning us as a catalyst for growth in the industry. In addition to EMS, Syrma SGS also provides OEM solutions for RFID tags & inlays, high-frequency magnetic components and electro-mechanicals. The Company’s commitment to excellence is evident in the hundreds of millions of units delivered globally in the past decade and the multi-decadal relationships with several global customers. The company has a market cap of over Rs 7,000 crore.
Disclaimer: The article is for informational purposes only and not investment advice.