Aimtron’s new 3-acre facility will house 5 SMT lines for defense/telecom electronics, leveraging ₹100 crore warrant proceeds to enable “Make in India” box-build solutions.
Key Investment & Expansion Details
✅ Capital Raise: ₹100 crore via convertible warrants (₹666/warrant)
✅ Investors: Promoter group (Vasanis) + marquee institutions
✅ Facility Scope:
- 3-acre campus with 5 SMT lines
- End-to-end box-build assembly
- Revenue Target: ₹1,000 crore
✅ Focus Sectors: Aerospace, defense, telecom, AI/IoT electronics
Strategic Manufacturing Expansion
Facility Capabilities
| Parameter | Specification |
|---|---|
| Technology | High-mix SMT assembly |
| Integration | System-level box-build |
| Automation | Industry 4.0 ready |
| Verticals Served | Defense, medtech, industrial |
Operational Advantages
✔ 40% lead time reduction vs offshore sourcing
✔ PLI scheme eligibility for defense electronics
✔ US-India dual shore manufacturing model
Leadership Vision
Mukesh Vasani, CEO:
“This facility positions Aimtron as a global EMS player with Indian innovation at its core.”
Nirmal Vasani, COO:
*”We’re capitalizing on the ‘China+1’ shift in high-value electronics manufacturing.”*
Market Opportunity
Growth Drivers
✔ Defense Electronics: $11B import substitution potential
✔ AI Hardware: 32% CAGR forecast in edge devices
✔ Telecom: 5G infrastructure rollout demand
Competitive Edge
- AS9100-certified aerospace capabilities
- Medical Grade (ISO 13485) production
- Tier-2 cost structure with Tier-1 quality
Implementation Roadmap
- 2024 Q3: Land acquisition & design finalization
- 2025 Q1: Equipment procurement
- 2025 Q4: Pilot production
Existing Footprint:
- Vadodara/Ahmedabad PCB assembly
- Bengaluru design center
- Chicago HQ (global biz dev)
Differentiators:
✔ MIL-SPEC compliance
✔ AI-driven test automation
✔ Medical-grade cleanrooms
