BSECompany Update3d ago · 2 Sept 2026, 02:09 pm
Update on inauguration of facility by Subsidiary of the Company in Joint Venture by Syrma SGS Technology Limited ("Syrma SGS/Company") with Elemaster S.P.A Tecnologie Elettroniche ("Elemaster")
Syrma SGS Technology Ltd · 543573
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Syrma SGS Technology Ltd has inaugurated a new state-of-the-art high-reliability electronics manufacturing facility in Bengaluru, Karnataka, in a joint venture with Elemaster S.P.A Tecnologie Elettroniche.
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Syrma SGS Technology Ltd - 543573 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: September 2, 2026
Listing Department Department of Corporate Service
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, G Block, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (East), Mumbai - 400 051. Dalal Street, Mumbai - 400 001.
Symbol: SYRMA Scrip Code: 543573
Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) – update on
inauguration of facility by Subsidiary of the Company in Joint Venture by Syrma SGS Technology
Limited (“Syrma SGS/Company”) with Elemaster S.P.A Tecnologie Elettroniche (“Elemaster”) -Press
Release.
Dear Sir/ Madam,
In furtherance of our earlier disclosure dated April 14, 2026, regarding completion of transaction by the JV
Partners, i.e. the Company (60%) and Elemaster (40%) and pursuant to Regulation 30 of the Listing
Regulations, please find enclosed a Press Release on inauguration of manufacturing facility by the
Subsidiary of the Company titled “Syrma SGS Elemaster Inaugurates State-of-the-Art High-Reliability
Electronics Manufacturing Facility in Bengaluru.”
Please take the above intimation on your record.
Thanking you
For Syrma SGS Technology Limited
Bhabagrahi Pradhan
Company Secretary
Membership No. : F4921
Place: Gurgaon
ENCL: as above.
Syrma SGS Elemaster Inaugurates State-of-the-Art High-Reliability Electronics Manufacturing Facility in
Bengaluru
New facility strengthens India’s high-reliability electronics manufacturing capabili(cid:415)es and deepens
strategic partnership between Syrma SGS and Italy-based Elemaster
Bengaluru, September 2, 2026: Syrma SGS Technology (BSE: SYRMA; 543573 | NSE: INE0DYJ01015) and
Elemaster Group, leading players in electronics manufacturing and design ecosystem respec(cid:415)vely in
India and Europe, through their joint venture Syrma SGS Elemaster Private Limited today inaugurated
the new state-of-the-art high-reliability electronics manufacturing facility in Bengaluru, Karnataka.
The inaugura(cid:415)on marks a significant milestone in the joint venture’s efforts to build advanced
electronics manufacturing capabili(cid:415)es in India and support customers across domes(cid:415)c and global
markets, par(cid:415)cularly in sectors where quality, reliability and stringent manufacturing standards are
cri(cid:415)cal.
The launch was a(cid:425)ended by Dr. Giandomenico Milano, Consul General of Italy in Bengaluru, along with
leadership teams from Syrma SGS and Elemaster, customers and other key stakeholders. His presence
at the inaugura(cid:415)on underscored the growing importance of India–Italy industrial and technology
collabora(cid:415)on and the strategic relevance of the partnership between the two companies.
Located in the Bommasandra Industrial Area, the 20,000 sq. (cid:332). facility is equipped with advanced
Surface Mount Technology (SMT), Through-Hole Technology (THT) and box-build assembly lines. The
facility has been established to address the growing demand for high-reliability electronics across
sectors including railways and transporta(cid:415)on, industrial electronics, energy and medical electronics,
while enabling the joint venture to support global OEMs with high-quality manufacturing in India.
The joint venture brings together the complementary strengths of Syrma SGS and Elemaster. Syrma SGS
contributes its scaled manufacturing capabili(cid:415)es, established supply-chain ecosystem and cost-efficient
execu(cid:415)on in India, while Elemaster brings decades of exper(cid:415)se in electronic design and manufacturing,
engineering capabili(cid:415)es and strong rela(cid:415)onships with European and global OEMs. Together, the
companies aim to create a compe(cid:415)(cid:415)ve pla(cid:414)orm for high-reliability electronics manufacturing and
expand opportuni(cid:415)es for global customers from India.
Valen(cid:415)na Coglia(cid:415), CEO, Elemaster S.p.a said: “We are delighted to inaugurate the Syrma SGS Elemaster
facility in Bengaluru and take this strategic partnership into its next phase. India represents an important
and growing market for Elemaster and for our global customers, and this facility provides a strong
founda(cid:415)on to support that opportunity. By combining Elemaster’s engineering, technology and high-
reliability manufacturing exper(cid:415)se with Syrma SGS’s scale and strong presence in India, we can create
an effec(cid:415)ve pla(cid:414)orm for serving both exis(cid:415)ng and new customers. We see significant long-term poten(cid:415)al
in India and are pleased to build this journey together with Syrma SGS.”
Sandeep Tandon, Execu(cid:415)ve Chairman, Syrma SGS Technology Ltd., said: “The inaugura(cid:415)on of the Syrma
SGS Elemaster facility is an important milestone in our vision of building India into a globally compe(cid:415)(cid:415)ve
hub for high-reliability electronics manufacturing. This partnership brings together Syrma SGS’s
manufacturing scale and execu(cid:415)on capabili(cid:415)es with Elemaster’s engineering exper(cid:415)se and strong
rela(cid:415)onships with global OEMs. As global supply chains evolve, India has a significant opportunity to
move beyond scale and build capabili(cid:415)es in areas where reliability, quality and engineering depth are
cri(cid:415)cal. Through this joint venture, we are crea(cid:415)ng a pla(cid:414)orm that can serve both Indian and
interna(cid:415)onal customers while contribu(cid:415)ng to the broader ‘Make in India’ ambi(cid:415)on.”
Jasbir Singh Gujral, Managing Director, Syrma SGS Technology Ltd., said: “The new facility represents an
important addi(cid:415)on to our manufacturing footprint and strengthens our ability to serve customers in
high-reliability segments. With SMT, THT and box-build capabili(cid:415)es under one roof, the facility provides
an integrated pla(cid:414)orm to support complex electronics manufacturing requirements across railways,
industrial and medical applica(cid:415)ons. We are par(cid:415)cularly pleased with the progress of our partnership
with Elemaster and the opportunity to combine our manufacturing strengths with its technology and
engineering capabili(cid:415)es. We believe this will enable us to deliver greater value to customers while
building globally relevant manufacturing capabili(cid:415)es from India.”
The inaugura(cid:415)on programme featured ins(cid:415)tu(cid:415)onal addresses and a dedicated address on the joint
venture plant by Valen(cid:415)na Coglia(cid:415), CEO, Elemaster Group, followed by a tree planta(cid:415)on ceremony, the
official unveiling of the facility and guided visits of the plant and shop floor.
The new facility marks another step in the evolu(cid:415)on of India’s electronics manufacturing ecosystem,
par(cid:415)cularly in high-reliability applica(cid:415)ons where engineering exper(cid:415)se, process control, quality and
stringent manufacturing standards are essen(cid:415)al. It is expected to provide the joint venture with a
pla(cid:414)orm to serve both domes(cid:415)c and interna(cid:415)onal customers and support the growing integra(cid:415)on of
India into global electronics supply chains.
The Syrma SGS Elemaster partnership also reinforces the broader India–Italy industrial rela(cid:415)onship by
bringing together complementary capabili(cid:415)es from the two countries. With the new facility, the joint
venture aims to build an integrated pla(cid:414)orm spanning engineering, manufacturing and high-reliability
electronics, while crea(cid:415)ng globally compe(cid:415)(cid:415)ve, Made-in-India solu(cid:415)ons for customers across cri(cid:415)cal
end-markets.
About Syrma SGS Technology Limited:
Syrma SGS Technology (BSE: SYRMA; 543573 | NSE: INE0DYJ01015) is a leading Indian Electronic
Systems Design and Manufacturing company. With over 45 years of exper(cid:415)se, Syrma SGS has been the
preferred partner for customers seeking innova(cid:415)ve and
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