German, Japanese firms eye Syrma SGS’ new PCB plants amid supply-chain shift from China
November 26, 2025 / 15:52 IST
Electronics manufacturer Syrma SGS is lining up a major push into printed circuit board (PCB) manufacturing, holding talks with German, Japanese and Taiwanese companies looking to diversify away from China for their incremental demand. The company’s upcoming PCB facilities have triggered interest from global firms in automation, automotive and energy hardware, signalling one of India’s strongest early cases of import substitution in high-value components.
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The company’s PCB portfolio will cater to industrial, automotive, consumer, renewable energy, space, med-tech, power electronics and selective telecom applications.
“We won’t target mobile phones initially. Also, energy meters are a major opportunity — the government has to deploy around 50 million energy meters. Solar inverters and other mass applications also present large PCB demand,” Gujral added.
Syrma eventually plans to use these PCBs for its own EMS operations.
“…we can produce multi-layer PCBs for our own needs. However, our internal volumes may be relatively small, so we will prioritise external customers. But having the ability to source in-house adds flexibility and credibility; for very large volume orders we will supply ourselves.”.
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Five applications under ECMS 2.0
Under the ECMS 2.0 scheme, the company has filed five applications — including three for multi-layer PCBs, HDI PCBs and CCL (Copper Clad Laminate), and two others for camera modules and magnetic/mechanical components. It has already received approvals for a multi-layer PCB plant in Andhra Pradesh and a camera module facility in Pune.
“The multi-layer PCB is our first priority. In the first week of December, we will finalise construction start dates. This is a large factory of about 700,000 sq. ft. at Naidupeta. If construction starts now, we expect to complete construction and install machines by December next year, start trial production, and begin commercial production by April 2027,” he said.
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Japanese tech tie-up for the Camera module unit
For its camera module unit, Syrma SGS is close to sealing a partnership with a Japanese company and plans Rs 250 crore investment over five years, targeting revenues of Rs 600–700 crore.
“It’s relatively small compared to PCB but is a high-technology segment. We are negotiating technology partnerships. A camera module ecosystem is largely in China, but original technology often comes from Japan, and Japan also has capabilities. For PCBs and camera modules, we prefer stable, non-Chinese partnerships where possible,” Gujral said.
Applications span mobile devices, laptops, surveillance systems, drones and automotive. “We are assessing which segments to prioritise. It will most likely be other than mobile — mobile is highly volume-driven and tightly integrated into OEM/ODM ecosystems,” he said.
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https://www.moneycontrol.com/technology ... 7453.html
Indian Manufacturing Sector
Re: Indian Manufacturing Sector
Ather Didn’t Copy. They Rebuilt EVs From Scratch into a ₹26,000 Cr Company | S4E6 | Weekday Ep.
What does it take to build an EV in a country that had no supply chain, no ecosystem, and no conviction that world-class hardware could be engineered locally from scratch?
In this episode of Destiny Avenged, Tarun Mehta takes us back to the true origins of Ather — long before the scooters, the charging grid, or the brand India now knows.
It begins inside IIT Madras’ CFI lab, where a new culture of weekend building, late-night experiments, and first-principles engineering quietly took hold. Tarun and Swapnil spent years sleeping on yoga mats in the department, teaching themselves battery design, building swappable packs, and prototyping chargers.
But one insight changed everything: India didn’t want batteries. It wanted a world-class electric scooter.
That leap — from component to full-stack — is what eventually became Ather Energy.
This conversation dives deep into:
How CFI and IIT Madras accidentally engineered a startup culture
Why Ather took five years before launching anything
The battery-first approach and the pivot to full-stack EVs
Why building hardware requires long gestation and no shortcuts
The engineering advantages EVs unlock that ICE can never match
Why Ather chose the hardest possible path — and how it paid off
00:00 – Building Ather’s first batteries
02:23 – How IIT Madras accidentally created a startup factory
06:03 – Quitting jobs, sleeping on yoga mats, and early swappable battery ideas
09:11 – Pitching the full scooter & why deep tech isn’t a capital problem
If you’ve ever wondered how an engineering-first company gets built in India, this is the blueprint.
What does it take to build an EV in a country that had no supply chain, no ecosystem, and no conviction that world-class hardware could be engineered locally from scratch?
In this episode of Destiny Avenged, Tarun Mehta takes us back to the true origins of Ather — long before the scooters, the charging grid, or the brand India now knows.
It begins inside IIT Madras’ CFI lab, where a new culture of weekend building, late-night experiments, and first-principles engineering quietly took hold. Tarun and Swapnil spent years sleeping on yoga mats in the department, teaching themselves battery design, building swappable packs, and prototyping chargers.
But one insight changed everything: India didn’t want batteries. It wanted a world-class electric scooter.
That leap — from component to full-stack — is what eventually became Ather Energy.
This conversation dives deep into:
How CFI and IIT Madras accidentally engineered a startup culture
Why Ather took five years before launching anything
The battery-first approach and the pivot to full-stack EVs
Why building hardware requires long gestation and no shortcuts
The engineering advantages EVs unlock that ICE can never match
Why Ather chose the hardest possible path — and how it paid off
00:00 – Building Ather’s first batteries
02:23 – How IIT Madras accidentally created a startup factory
06:03 – Quitting jobs, sleeping on yoga mats, and early swappable battery ideas
09:11 – Pitching the full scooter & why deep tech isn’t a capital problem
If you’ve ever wondered how an engineering-first company gets built in India, this is the blueprint.
Re: Indian Manufacturing Sector
50 percent of cars sold in South Africa are connected to India: Report
PTI Last Updated: Dec 30, 2025, 08:44:00 PM IST
Johannesburg: Half of the cars sold in South Africa in 2025 have connections to India-- they are either manufactured by companies like Mahindra and Tata, or have components made in India, according to a report by market intelligence firm Lightstone.
Sales figures of the past year have shown Mahindra has taken a leading role in South Africa, especially in its Pikup series, the report said.
Besides, 84 per cent of all the Japanese-branded light vehicles sold in South Africa in 2024 were imported from India, Lightstone said, adding that just 10 per cent were actually built in Japan.
However, Chinese imports accounted for just 11 per cent of vehicle sales in 2024, while 36 per cent of all the vehicles sold in South Africa in that year were imported from India, either directly or indirectly by established Japanese and Korean brands. This was just a tad lower than the 37 per cent contribution of locally produced vehicles.
If sales of Pikups and light commercial vehicles are excluded, India's share grew to almost half of the South African market in the first half of 2025, the Independent Online said on its website, citing Lightstone data.
Lightstone figures for the first five months of 2025 showed that 49 per cent of all passenger vehicle sales were imported from India.
Most of these vehicles emanate from the Maruti Suzuki operations in India. The company also supplies Japanese brand Toyota vehicles such as the Starlet, Starlet Cross, Vitz and Urban Cruiser.
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They cited contrasting data of 2009, when around half of the light vehicles sold in South Africa were locally produced. In that year, just 5 per cent of South African vehicles were sourced from India.
Read more at:
https://economictimes.indiatimes.com/in ... aign=cppst
PTI Last Updated: Dec 30, 2025, 08:44:00 PM IST
Johannesburg: Half of the cars sold in South Africa in 2025 have connections to India-- they are either manufactured by companies like Mahindra and Tata, or have components made in India, according to a report by market intelligence firm Lightstone.
Sales figures of the past year have shown Mahindra has taken a leading role in South Africa, especially in its Pikup series, the report said.
Besides, 84 per cent of all the Japanese-branded light vehicles sold in South Africa in 2024 were imported from India, Lightstone said, adding that just 10 per cent were actually built in Japan.
However, Chinese imports accounted for just 11 per cent of vehicle sales in 2024, while 36 per cent of all the vehicles sold in South Africa in that year were imported from India, either directly or indirectly by established Japanese and Korean brands. This was just a tad lower than the 37 per cent contribution of locally produced vehicles.
If sales of Pikups and light commercial vehicles are excluded, India's share grew to almost half of the South African market in the first half of 2025, the Independent Online said on its website, citing Lightstone data.
Lightstone figures for the first five months of 2025 showed that 49 per cent of all passenger vehicle sales were imported from India.
Most of these vehicles emanate from the Maruti Suzuki operations in India. The company also supplies Japanese brand Toyota vehicles such as the Starlet, Starlet Cross, Vitz and Urban Cruiser.
.
.
.
They cited contrasting data of 2009, when around half of the light vehicles sold in South Africa were locally produced. In that year, just 5 per cent of South African vehicles were sourced from India.
Read more at:
https://economictimes.indiatimes.com/in ... aign=cppst
Re: Indian Manufacturing Sector
Indian firm joins hands with US manufacturer to locally develop all-terrain vehicles for armed forces
From: ThePrintNew Delhi: JSW Sarbloh Motors, a subsidiary of JSW Defence Private Limited, said Thursday it has partnered with US-based off-road utility vehicles manufacturer Tomcar for local production of the TX series All-Terrain Vehicles (ATVs) in India.
Deployed in military and industrial operations globally, the TX series is highly durable and versatile, designed to operate under extreme off-road conditions. The multipurpose ATV boasts a maximum speed of 104.5 kmph.
The Indian Army uses ATVs for various operations including troop transport, logistics and emergency response in challenging terrains.
Under the strategic joint venture, JSW Sarbloh Motors will indigenise, manufacture, assemble and support the TX range at its facility in Chandigarh, with the first India-assembled units expected to roll out by early 2026.
Field trials and demonstrations have been scheduled for multiple defence and paramilitary agencies over coming months.
Jaskirat Vladimir Singh Nagra, the CEO and dounder-director of JSW Sarbloh Motors, said the joint venture is a strategic alignment, committed to offering the Indian defence sector “world-class mobility platforms with the ruggedness, modularity, and reliability”.
Ram Zarchi, the founder of the Phoenix-based US manufacturer, said they are looking to expand their global footprint, particularly into the right-hand-drive markets like India.
Re: Indian Manufacturing Sector
One of the exciting things about Indian Manufacturing is the new product start-ups.
What I would like is objective assessment of the product.
If anyone knows MRI machinery, I'd appreciate their take on this Indian-designed, Indian-made MRI machine.
How India’s First Homegrown MRI Scanner Makes Healthcare Affordable | NewsX DeepDive
https://www.youtube.com/watch?v=Bd32K1qQ_fU
What I would like is objective assessment of the product.
If anyone knows MRI machinery, I'd appreciate their take on this Indian-designed, Indian-made MRI machine.
How India’s First Homegrown MRI Scanner Makes Healthcare Affordable | NewsX DeepDive
https://www.youtube.com/watch?v=Bd32K1qQ_fU
Re: Indian Manufacturing Sector
Likewise, an assessment of this: high-end motorcycles.
How India Built a Motorcycle That Shocked Europe
https://www.youtube.com/watch?v=r-Vf3_prJpw
How India Built a Motorcycle That Shocked Europe
https://www.youtube.com/watch?v=r-Vf3_prJpw
Re: Indian Manufacturing Sector
Third, 3D printer - any guru here, would appreciate your assessment.
Can This Indian 3D Printer Beat China’s Best?
https://www.youtube.com/watch?v=TwTfVz6TlBQ
Can This Indian 3D Printer Beat China’s Best?
https://www.youtube.com/watch?v=TwTfVz6TlBQ