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.
We've seen a significant and sufficient boost from the government for electronics manufacturing even before the budget through PLI schemes.
With the COVID-19 lockdown being relaxed in phases, companies are gearing up and re-aligning themselves to bag opportunities that are set to arise out of this pandemic scenario. The trends to emerge in the market post-COVID-19 will involve adding intelligence to products and convergence of technologies.
A recent overhaul of India’s commercial tax system is poised to make it an even more attractive source for electronics manufacturing and exports.
Syrma's successful expansion into India’s untapped rural regions has spurred economic growth and supported the Indian government’s Make in India initiative.
Syrma designs and builds a wide range of products based on the optimization of existing products for reliability, quality, and cost.