Andhra Pradesh Syrma SGS PCB plant investment incentives : Andhra Pradesh approves an ₹856 crore incentive package for Syrma SGS to build India’s largest PCB plant. Discover how this ₹1,595 crore project boosts electronics manufacturing, caters to auto & EV sectors, and creates a strategic supply chain.
AMARAVATI / NAIDUPETA – In a significant move to position itself as a hub for advanced electronics manufacturing the Andhra Pradesh government has approved a substantial incentive package worth ₹856 crore for Syrma SGS Technology. The electronics manufacturing services (EMS) major is setting up India’s largest printed circuit board (PCB) plant in the state.
The state cabinet, chaired by Chief Minister N. Chandrababu Naidu cleared the proposal on Thursday. This strategic approval underscores the government’s focus on attracting high-value, future-ready industries to boost the local economy and create a robust electronics ecosystem.
A Landmark Project for Indian Electronics
The Andhra Pradesh Syrma SGS PCB plant investment incentives will support a massive project with a total outlay of ₹1,595 crore. Syrma SGS is executing this venture through a strategic 51:49 joint venture with South Korea’s Shinhyup Electronics a specialist in PCB technology, bringing crucial technical expertise to the table.
The plant will be established in the Naidupeta industrial area, a location chosen for its proximity to the major electronics manufacturing hub of Chennai, Tamil Nadu offering excellent logistical advantages. The state government will provide 12.56 acres of land for the project at a 75% subsidized cost.
What Will the Plant Manufacture?
The facility is designed to be comprehensive and vertically integrated, focusing on three critical components:
- Single-layer and Multi-layer PCB Manufacturing: The foundation for a vast range of electronic devices.
- HDI/Flex PCB Manufacturing: Producing advanced High-Density Interconnect (HDI) and flexible PCBs used in compact, high-performance gadgets like smartphones and wearables.
- Copper Clad Laminate (CCL) Manufacturing: This is a key strategic move. CCL is the core raw material used to make PCBs. By producing CCL domestically, the project will reduce India’s dependency on imports and strengthen the entire electronics supply chain.
Powering India’s Smart and Electric Future
The products from this plant are not for generic use; they are destined for high-growth, critical sectors. The PCBs will be utilized in:
- Smart Metering: Supporting India’s national drive for smart grid infrastructure.
- Healthcare and Medical Devices: Enabling advanced diagnostic and treatment equipment.
- Automotive and Electric Mobility: This is a particularly significant market.
As noted by market intelligence firm UnivDatos, the rapid electrification of vehicles and the integration of Advanced Driver-Assistance Systems (ADAS) have skyrocketed the demand for sophisticated PCBs. Features like smart dashboards, battery management systems (BMS) for EVs, and infotainment systems all rely on high-quality, durable printed circuit boards.
Economic Impact and Timeline
The project is slated for commissioning by October 2026. It is expected to significantly boost Syrma SGS’s revenue, adding an estimated ₹6,200 crore to its topline in the financial year 2027.
For Andhra Pradesh, the benefits are multifaceted. Beyond the direct investment and job creation, the plant establishes the state as a serious player in advanced electronics manufacturing. It creates a strategic asset for the nation, moving towards self-reliance (Atmanirbhar Bharat) in a critical component like PCBs and CCL, which form the very bedrock of the modern electronics industry.
This Andhra Pradesh Syrma SGS PCB plant investment incentives package is a clear signal that the state is actively courting high-tech industries, offering competitive support to build a foundation for long-term industrial growth.
