Syrma Tech to set up fifth unit

Our Bureau Chennai | Updated on April 26, 2018


Syrma Technology, an electronic product and solution provider based in the US and Chennai, plans to set up its fifth manufacturing unit in Delhi-Mumbai corridor to focus on auto, industrial, aero and defence and healthcare sectors. It plans to invest around $ 10 million to set up the plant, which is expected to operational in later part of the year, Sreeram Srinivasan, CEO, Syrma Technology, said in a press release.

The company employs around 1,800 across its four facilities located in Tamil Nadu and Maharashtra. Syrma designs and manufactures RFID tags, magnetic products, printed circuit boards assembly.

Published on April 26, 2018

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