Electronics systems design & manufacturing company forms JV with Shinhyup Electronics Co. Ltd for PCB manufacturing
DSIJ Intelligence-1 / 16 Jul 2025/ Categories: Mindshare, Trending
The company has a market cap of over Rs 12,000 crore and the stock is up by 96.3 per cent from its 52-week low of Rs 355.05 per share.
Syrma SGS Technology Limited, a prominent Indian electronics systems design and manufacturing company, has announced the execution of a Joint Venture Agreement on Tuesday, July 15, 2025. This agreement is between Syrma SGS Technology Limited, its wholly-owned subsidiary Syrma Strategic Electronics Private Limited, and Shinhyup Electronics Co. Ltd from South Korea. The primary purpose of this joint venture is the manufacturing of multi-layer Printed Circuit Boards (PCBs), including flexible PCBs, and other related products as mutually agreed upon.
Under the terms of the Joint Venture Agreement, Syrma SGS Technology Limited will initially hold a 75 per cent shareholding in the Joint Venture Company (JV Co), while Shinhyup Electronics Co. Limited will hold the remaining 25 per cent. Syrma SGS Technology Limited will also have the right to nominate and appoint the majority of directors on the JV Co.'s Board, ensuring significant control over the new entity's strategic direction. This collaboration is a strategic move for Syrma SGS Technology, further strengthening its manufacturing capabilities and expanding its product offerings in the electronics sector.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
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.
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 12,000 crore and the stock is up by 96.3 per cent from its 52-week low of Rs 355.05 per share.
Disclaimer: The article is for informational purposes only and not investment advice.