Smart thermostats are one of the rapidly evolving technologies in the HVAC (heating, ventilation, and air-conditioning) space.

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Sreeram Srinivasan, CEO, Syrma SGS Technology, talks about the impact of COVID on the global manufacturing industry.

According to the Ministry of Electronics and IT (MeitY), 14 companies have filed applications under the category domestic companies.

Syrma aspires to be a partner choice for start-ups to super-brands through its Manufacturing as a Service (MaaS) offerings in electronics design, tester development, quick prototype development, and manufacturing.

The global pandemic may have slowed Syrma’s plans, but the manufacturer has seen steady growth after re-starting its operations from July last year. The Rs 75-crore investment committed through an MoU with the TN government at the Global Investors Meet is being fulfilled, said its CEO, Sreeram Srinivasan.

The pandemic has induced reverse migration of outstation workers, forcing some manufacturers to rethink the hiring strategy. However, the industry is currently facing a skills gap as a large chunk of the talented women workforce remains untapped.

We've seen a significant and sufficient boost from the government for electronics manufacturing even before the budget through PLI schemes.

Syrma SGS Technology and SGS Tekniks announced a merger agreement to strengthen their design and manufacturing capabilities for global and domestic OEMs.