New Bawal Manufacturing Facility for India’s Electronics Market
Syrma Technology realised a milestone expansion with the opening of its 5th state-of-the-art production facility in Bawal, located within India’s Delhi-Mumbai corridor. This new commitment of over $10 million over next three years is designed to fortify Syrma’s market position among high-growth domestic electronics markets within India, including automotive, industrial, aerospace, defense, and health tech verticals.
“With the launch of our new facility, Syrma will be positioned to gain a stronger foothold among domestic electronics manufacturing in India, for India. As more and more domestic tech-savvy customers crave world-class and smart products, we’re excited about bringing our legacy of innovation and quality to more consumers in our home country,” said Sreeram Srinivasan, Syrma’s CEO.
Senior Vice President - Sales & Marketing
Focussing primarily on serving OEM customers within India
The new Delhi-Mumbai Industrial Corridor facility will focus primarily on serving OEM customers within India and its domestic electronics market, where consumer demand currently outpaces the rest of the world, projected to grow beyond $230 billion by 2020.
Syrma’s newest facility significantly expands the company’s dynamic electronics capacities while creating more jobs. Syrma currently employs a total workforce of over 1,800 engineers and manufacturing personnel across its five locations.
Syrma and its parent organization, Tandon Group, have ranked among India’s most prestigious electronics exporters, successfully co-developing, manufacturing, and shipping over 200 million product units for more than 100 brand-name OEMs across the globe.
Syrma’s primary industry expertise revolves around RFID, magnetics, memory, precision PCBA, and end-to-end product builds, as well as leading-edge IoT applications.