Bengaluru: Electronics manufacturing company Syrma SGS Technology and Italy-based Elemaster Group have inaugurated a new high-reliability electronics manufacturing facility in Bengaluru, strengthening India’s capabilities in advanced electronics production for industrial and critical applications.
The facility has been established through their joint venture, Syrma SGS Elemaster Private Limited, at the Bommasandra Industrial Area in Bengaluru.
Spread across approximately 20,000 sq ft, the new manufacturing unit has been set up with an initial investment of ₹55 crore and is expected to generate around ₹200 crore in revenue during its first full year of operations in FY2027-28.
Key Project Details
| Particular | Details |
|---|---|
| Companies | Syrma SGS Technology & Elemaster Group |
| Project | High-reliability electronics manufacturing facility |
| Location | Bommasandra Industrial Area, Bengaluru |
| Facility size | 20,000 sq ft |
| Initial investment | ₹55 crore |
| Target revenue | Around ₹200 crore in FY28 |
| Manufacturing technologies | SMT, THT and box-build |
| Key sectors | Railways, transportation, industrial, energy and medical electronics |
| Market focus | Indian and global OEMs |
Advanced Electronics Manufacturing Under One Roof
The Bengaluru facility brings together three important manufacturing capabilities:
- Surface Mount Technology (SMT)
- Through-Hole Technology (THT)
- Box-build assembly
The combination allows the joint venture to address more complex electronics manufacturing requirements rather than focusing only on conventional component assembly.
The facility is designed to serve high-reliability applications across railways and transportation, industrial electronics, energy and medical electronics, while also supporting domestic and international original equipment manufacturers (OEMs).
₹55 Crore Investment Targets ₹200 Crore Revenue
The facility represents an initial investment of ₹55 crore.
According to Syrma SGS Executive Chairman Sandeep Tandon, the joint venture is expected to generate approximately ₹200 crore of revenue in its first full year of operations in FY28.
This gives the Bengaluru operation a potentially significant revenue base relative to its initial capital deployment, although actual financial performance will depend on customer ramp-up, production volumes and the transfer of programmes to the facility.
Strong Focus on High-Reliability Electronics
The new plant is strategically positioned in a segment where electronics must meet demanding standards for reliability, quality and long-term performance.
Its target applications include:
Railways and Transportation
Electronics used in railway and transportation systems often require high reliability because equipment can operate in demanding environments and remain in service for extended periods.
Industrial Electronics
The facility can support electronics used in industrial equipment, automation and other engineered systems requiring specialised manufacturing.
Energy
Electronics for energy-related applications represent another potential growth area as India’s power and energy infrastructure becomes increasingly digitised.
Medical Electronics
The medical sector requires stringent quality and reliability standards, making specialised electronics manufacturing an important part of the supply chain.
India-Italy Partnership Strengthens Technology Transfer
The joint venture combines complementary strengths from both companies.
Syrma SGS contributes manufacturing scale, supply-chain capabilities and execution experience in India, while Elemaster brings electronics design and engineering expertise along with relationships with European and global OEMs.
The partnership was established in 2025 with the objective of creating an India-focused platform for high-reliability electronics manufacturing. The original plan included the 20,000 sq ft Bommasandra facility equipped with SMT, THT and box-build lines.
Global OEM Opportunity
One of the important aspects of the project is its potential to serve both Indian and overseas customers.
The partnership gives Elemaster an India-based manufacturing platform that can support its growing opportunities in the country while also providing a potential base for global customer programmes.
For Syrma SGS, the collaboration offers access to Elemaster’s international customer relationships and engineering capabilities.
This could help the Bengaluru facility move beyond domestic contract manufacturing towards participation in broader global electronics supply chains.
Employment and Industrial Ecosystem Impact
The companies have not disclosed a specific number of direct jobs expected from the new facility.
However, the establishment of a specialised electronics manufacturing operation is likely to generate demand for engineers, production technicians, quality professionals, testing specialists, supply-chain personnel and other skilled manufacturing roles.
The indirect impact could extend to Bengaluru’s wider electronics ecosystem, including suppliers of:
- Electronic components
- PCB assemblies
- Precision engineering
- Testing equipment
- Industrial automation
- Packaging
- Logistics
- Quality and certification services
- Electronic design and engineering
This can further strengthen Karnataka’s position as a major destination for high-value electronics and advanced manufacturing.
Bengaluru’s Electronics Manufacturing Ecosystem Gets Another Boost
The new Syrma SGS-Elemaster facility adds another specialised manufacturing capability to Bengaluru’s already strong technology and engineering base.
The city offers access to engineering talent, established electronics companies, technology suppliers and a mature industrial ecosystem.
For high-reliability electronics manufacturing, this combination can be particularly valuable because production often requires close coordination between design, engineering, manufacturing, testing and supply-chain functions.
Part of India’s Shift Towards Higher-Value Electronics Manufacturing
India’s electronics manufacturing sector is increasingly moving beyond large-scale assembly towards products requiring greater engineering content, localisation and specialised manufacturing capabilities.
The Syrma SGS-Elemaster facility fits into this broader transition.
Rather than focusing solely on volume manufacturing, the Bengaluru plant is targeting applications in transportation, industrial systems, energy and healthcare — sectors where product reliability and manufacturing quality are critical.
The development therefore supports India’s broader objective of building a deeper domestic electronics manufacturing and supply-chain ecosystem.
What This Means for the Electronics Industry
The Bengaluru facility could have significance beyond its initial ₹55 crore investment.
The combination of SMT, THT and box-build assembly under one roof provides an integrated manufacturing platform capable of handling multiple stages of electronics production.
For customers, this can potentially simplify manufacturing coordination and improve supply-chain integration.
For India, the facility adds capacity in a segment where specialised manufacturing and engineering capabilities are increasingly important.
Key Takeaways
- Syrma SGS Technology and Elemaster Group have opened a new electronics manufacturing facility in Bengaluru.
- The facility is located in the Bommasandra Industrial Area.
- The plant covers approximately 20,000 sq ft.
- Initial investment is ₹55 crore.
- The joint venture expects around ₹200 crore revenue in FY28, its first full year of operations.
- Manufacturing capabilities include SMT, THT and box-build assembly.
- Target sectors include railways, transportation, industrial electronics, energy and medical electronics.
- The facility is intended to serve Indian and global OEMs.
- The companies have not disclosed a specific direct employment figure for the facility.
- The project strengthens India’s move towards high-reliability and higher-value electronics manufacturing.
The Bigger Picture
The opening of the Syrma SGS-Elemaster facility is another indication that India’s electronics manufacturing opportunity is expanding beyond conventional assembly.
With a ₹55 crore initial investment, integrated SMT, THT and box-build capabilities, and an expected ₹200 crore FY28 revenue contribution, the Bengaluru facility provides a platform for the joint venture to target specialised customers in India and international markets.
As global manufacturers increasingly look to diversify supply chains and India continues to strengthen its electronics manufacturing ecosystem, facilities focused on high-reliability products could become an important part of the country’s next phase of industrial growth.