The Andhra Pradesh authorities has cleared an incentive package deal value ₹856 crore to assist the institution of India’s largest printed circuit board (PCB) facility by electronics manufacturing companies (EMS) firm Syrma SGS. The choice was permitted by the state cupboard led by Chief Minister N. Chandrababu Naidu.
The mission is a ₹1,595-crore funding between Syrma SGS and Shinhyup Electronics, Korea in a 51:49 fairness shareholding foundation.
The forthcoming facility will probably be positioned on 12.56 acres of land at Naidupeta industrial space, mendacity within the neighborhood of Chennai, Tamil Nadu, and the state authorities has agreed handy over the land as a 75% subsidised fee. The unit is predicted to be commissioned on the finish of October 2026, with income era estimated at ₹6,200 crore for Syrma SGS throughout FY2027.
The plant will manufacture single-layer and multi-layer PCBs, HDI and versatile PCBs, Copper Clad Laminates (CCLs), and supply electronics manufacturing companies.
Copper Clad Laminates kind the muse of PCBs, that are important for a variety of digital units. The unit is predicted to assist rising high-growth sectors akin to good metering, healthcare and medical expertise, automotive purposes, and electrical mobility.
Syrma SGS reported a turnover of ₹3,836 crore in FY25, working its 14 manufacturing items with greater than 9,000 workers. With a market cap of almost USD 2 billion, the corporate is positioned as one of many key gamers in India’s burgeoning electronics manufacturing panorama.
Business observers be aware that electrical automobile adoption and the set up of ADAS methods proceed to gas demand for high-tech PCBs in India. In keeping with UnivDatos, trendy autos more and more come geared up with good dashboards, battery administration methods, infotainment options, and EV energy electronics, highlighting the necessity for rugged and high-performance PCBs.
This PCB plant is a big step towards India’s endeavor to cut back import dependency and construct up a powerful electronics manufacturing base domestically. By 2026, Andhra Pradesh will home a state-of-the-art unit that isn’t solely the most important within the nation but additionally a possible hub for next-generation electronics and EV-related applied sciences.