Chennai: Electronics manufacturing services (EMS) company Syrma SGS Technology expects its exports to cross Rs 1,500 crore in the current fiscal (FY27) ) up from about Rs 1214 crore in FY26, banking on rising global demand and supply-chain diversification to drive revenue growth and profitability despite headwinds from commodity inflation.Speaking to TOI, Jasbir Singh Gujral,…
Chennai: Syrma SGS Technology plans to set up a joint venture with Japan-based Kaga Electronics India and has agreed to establish, develop and operate an advanced electronics manufacturing services (EMS) facility in India. The joint venture will focus on Japanese clients. The company will own 60% of the equity, while Kaga will own 40% and…
Electronics manufacturing services Chennai: Tata Electronics’s facility in Hosur, Tamil Nadu, which makes Apple iPhone components, has received a showcause notice from the Tamil Nadu Pollution Control Board (TNPCB) over alleged violations of pollution norms. However, officials said reports of imminent closure are incorrect.The company has allegedly contaminated land and opened wells in the neighbouring…
CHENNAI: Electronics manufacturing services (EMS) companies saw a sharp increase in costs during Q4FY26, as raw material cost inflation, extended working capital cycles, wage hikes and rupee depreciation squeezed margins. Prices of memory modules surged on the back of global AI-driven demand, while the West Asia conflict pushed up cost of key inputs such as…
