Syrma SGS Technology Limited, a leading Indian electronics systems design and manufacturing company, has entered into a strategic joint venture with Italy-based Elemaster S.p.A Tecnologie Elettroniche, a global leader in electronics design and manufacturing. The new venture, named Syrma SGS Elemaster Private Limited, will focus on high-reliability electronics manufacturing for railway, industrial, and medical sectors.
The JV facility will be set up in Bengaluru’s Bommasandra Industrial Area with an initial 20,000 sq. ft. footprint. It will feature state-of-the-art SMT, THT, and box-build assembly lines. The partnership aims to leverage Syrma’s cost-efficient large-scale execution and Elemaster’s deep design expertise and longstanding European OEM relationships.
Sandeep Tandon, Chairman of Syrma SGS, called the collaboration a “milestone” in building a global high-reliability electronics platform from India. “By combining Syrma’s execution strength with Elemaster’s design depth, we are unlocking new growth opportunities in critical sectors while strengthening India’s position as a trusted global hub for high-tech manufacturing,” he said.
Satendra Singh, CEO of Syrma SGS, highlighted that the JV will ensure “dedicated focus on high-reliability customers, efficient cost structures, and scalable operations” with a phased expansion plan.
Elemaster Group leaders also emphasized India’s strategic importance. CEO Valentina Cogliati said the JV provides a “reliable, competitive, and scalable base” in India for global OEMs, while CCO Giovanni Cogliati described it as “a solid solution for customers seeking local production in India.”
This partnership not only strengthens the “Make in India” initiative but also expands opportunities for European OEMs to grow their presence through high-quality, India-based manufacturing.