Archive · 2 Sep 2025
Syrma SGS and Elemaster Partner for Electronics Manufacturing in India
Two companies, Syrma SGS from India and Elemaster from Italy, are joining forces.
They are building a new factory in Bengaluru, India, to make reliable electronics for trains, medical devices, and industrial equipment.
This factory will use advanced machines and combine the experience of both companies.
The goal is to help India make more of its own electronics and to work with European companies.
This is part of a bigger plan to boost manufacturing in India.
Syrma SGS and Elemaster formed a joint venture for electronics manufacturing in India.
The new facility is located in Bommasandra, Bengaluru.
The partnership targets high-reliability sectors including railway and medical electronics.
The collaboration aims to combine manufacturing and design expertise.
The venture aligns with India's 'Make in India' initiative.
- Who
- Syrma SGS Technology Ltd and Elemaster S.p.A
- What
- A joint venture to establish a high-reliability electronics manufacturing platform.
- When
- Announced on Tuesday, September 2, 2025.
- Where
- Bommasandra Industrial Area, Bengaluru, India
- Why
- To combine manufacturing and design expertise and support the 'Make in India' initiative.
- Partnership
- Syrma SGS Technology Ltd & Elemaster S.p.A
- Facility Location
- Bommasandra Industrial Area, Bengaluru, India
- Facility Size
- 20,000 sq ft
- Target Sectors
- Railway, Industrial, and Medical Electronics
- Syrma SGS Revenue (FY25)
- ₹3,839 crore
- Elemaster Revenue
- €420 million
- Syrma SGS Stock Price (Sept 2025)
- ₹755 per share