Syrma SGS is well-positioned to leverage industrial shifts: J S Gujral

  • Articles
  • Mar 07,25
Syrma SGS ensures precision and consistency in production. The R&D centres across India and Germany are the backbone of innovation, supporting the development of globally competitive products, says J S Gujral, Managing Director, Syrma SGS Technology in an interview with Rakesh Rao.
Syrma SGS is well-positioned to leverage industrial shifts: J S Gujral

Syrma SGS has been operating for over 30 years. How do you describe the journey of the company over these years? 
Backed with a legacy of over four decades, Syrma SGS Technology Ltd has grown into a trusted name in electronics manufacturing with a robust pan-India presence. Over the years, Syrma SGS has consolidated its position as one of the leading India-based Electronic System, Design and Manufacturing (ESDM) companies, offering services to global and Indian Original Equipment Manufacturers (OEMs).
With facilities in Chennai, Bangalore, Manesar, Gurgaon, Pune, Noida, Jodhpur, and Baddi, the company specialises in PCB assembly, surface mount technology (SMT), and IT hardware manufacturing. These facilities showcase Syrma SGS’ capability to deliver scalable, high-quality solutions that align with India’s ‘Make in India’ initiative.
Leveraging technology like automation and robotics, Syrma SGS ensures precision and consistency in production. Our R&D centers across India and Germany are the backbone of innovation, supporting the development of globally competitive products. Our portfolio spans RFID tags, automotive electronics, renewable energy components, electric vehicle systems, railway electronics, defence electronics and IT hardware such as laptops, SSDs and memory products. This breadth highlights our adaptability to market needs and our focus on future-ready sectors.
With exports contributing to 26 per cent of its revenue, Syrma caters to 270+ customers across 20 countries. The company’s revenue growth at a CAGR of 53 per cent over the last three years is a testament to its global demand and operational excellence.

How has Syrma emerged as a reliable partner for global companies in the electronics space?
Syrma SGS has established itself as a trusted partner for global and domestic brands, thanks to its commitment to quality, innovation, and scalability. We, at Syrma SGS adhere to the highest standards, with certifications ensuring stringent quality controls across its operations.
Our inclusion as a telecom and IT hardware PLI-approved manufacturer further strengthens our position as a preferred choice for technology leaders. A prime example of this is our most recent collaboration with MSI for local laptop manufacturing, which highlights our capability to manage large-scale, high-precision projects. These initiatives also align seamlessly with India’s vision for self-reliance in electronics manufacturing, making Syrma SGS a key contributor to the nation’s growth story.

How do you see the progress made by the Indian Electronics Manufacturing Services (EMS) industry in the last 4-5 years? Is PLI Scheme aiding the industry’s growth?
The electronics manufacturing services (EMS) sector in India has witnessed unprecedented growth over the past five years. Initiatives such as the Production Linked Incentive (PLI) scheme have attracted substantial investments, accelerating the country’s journey toward becoming a global electronics manufacturing hub. Furthermore, the rising demand for consumer electronics and smart devices has bolstered local production capabilities, gradually reducing India’s reliance on imports.
Geopolitics has also contributed to India’s emergence as a preferred manufacturing destination. The focus on supply chain diversification by global players has opened new opportunities for manufacturers like Syrma SGS to expand their capabilities and extensively cater to international markets.

What are the key challenges India faces in becoming a global hub for electronics manufacturing?
While the Indian EMS industry is on a robust growth trajectory, there are areas that present opportunities for improvement. Enhancing advanced infrastructure will enable more efficient supply chain operations, ensuring faster and more reliable delivery systems. Additionally, building a skilled workforce equipped to handle cutting-edge manufacturing technologies remains an exciting prospect.
India’s regulatory environment is evolving, and ongoing efforts to simplify processes are paving the way for greater ease of doing business. With continued collaboration between industry stakeholders and policymakers, these developments can serve as catalysts to unlock the full potential of India’s EMS sector and solidify its position as a global manufacturing hub.

How can India take advantage of the current tension between China and developed countries to develop its electronics manufacturing sector? 
The ongoing geopolitical dynamics present India with a unique opportunity to solidify its position as a global design and manufacturing hub. With multinational companies seeking to diversify their supply chains, India stands out for its cost advantages and skilled workforce. Strategic trade partnerships with countries like the US and EU will further enhance India’s appeal as a preferred destination.
Syrma SGS is well-positioned to leverage these shifts. By catering to the growing demand for India designed and manufactured high-tech products for global markets, we can effectively contribute to strengthening India’s footprint in global value chains.

What would be your advice to the industry and the government to develop a robust manufacturing ecosystem for the electronics industry?
To strengthen India’s electronics manufacturing ecosystem, significant investments in infrastructure development are imperative. Establishing manufacturing parks and logistics hubs through public-private partnerships will enhance supply chain efficiency. Simplifying labour laws, application and reimbursement procedures for schemes like PLI and providing faster clearances will encourage more investments in the sector.
Industry-academia collaboration is the need of the hour to address the talent gap in advanced manufacturing technologies will ensure the availability of a skilled workforce. Such measures, combined with strategic policy interventions, can position India as a global electronics manufacturing leader.

What trends do you see shaping the future of the electronics industry? How is your company gearing up to tap these trends? 
The future of the electronics manufacturing industry is closely tied to emerging trends such as IoT, data centers, AI, robotics, sustainability, and e-mobility. Syrma SGS’ is well positioned to address each of these sectors, while its adoption of eco-friendly manufacturing practices underscores its commitment to sustainability.
The rising emphasis on electric vehicles presents another avenue for growth, with Syrma already supplying key components for the EV ecosystem. Additionally, the IT hardware sector continues to expand, and collaborations such as the MSI partnership showcase India’s potential to lead in high-value electronics manufacturing.

What are your growth plans for the next 2 years?
Syrma SGS’s growth strategy is centred around expanding its manufacturing capacity and diversifying its product offerings across sectors. By investing in state-of-the-art facilities and focusing on emerging sectors like renewable energy and electric vehicles, we are positioning ourselves for sustained success. We are aiming to grow at a rate above industry average for FY2026, supported by strategic investments in new facilities and technology upgrades. This expansion will not only optimise our operational scale but also put us is a competitive position to meet increasing demand in Electronics Manufacturing Services (EMS) sector effectively.

We are actively pursuing global partnerships to enhance our product portfolio and enter new markets. With a focus on innovation, quality, and scalability, we aim to drive growth while contributing significantly to India’s electronics manufacturing landscape.

Related Stories

Machine Tools & Accessories
Havells India Limited Makes a Strong Comeback at Elecrama 2025

Havells India Limited Makes a Strong Comeback at Elecrama 2025

During the exhibition, Havells introduced an impressive array of 17 new products across categories.

Read more
Electrical & Electronics
Schneider Electric and SBPDCL to transform Bihar’s power distribution

Schneider Electric and SBPDCL to transform Bihar’s power distribution

The partnership has achieved 90% improvement in power reliability, up to 80% energy consumption savings, and 60% energy cost savings.

Read more
Electrical & Electronics
Quality Power acquires 51% stake in Mehru Electrical

Quality Power acquires 51% stake in Mehru Electrical

Mehru, established in 1995 and headquartered in Bhiwadi, Rajasthan, specialises in high-voltage current and potential transformers, operating an advanced manufacturing facility with NABL-accredited ..

Read more

Related Products

Geared Electric Motors

ELECTRICAL & ELECTRONIC EQUIPMENT

Delco Fans Pvt Ltd offers single phase capacitor run and three phase geared Instrument motors, totally enclosed face/foot mounted.

Read more

Request a Quote

78 Series Din Rail Terminal Blocks

ELECTRICAL & ELECTRONIC EQUIPMENT

Werner Electric Private Limited offers a wide range of 78 series din rail terminal blocks.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016