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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The lesser known EMS company has been rewarded for its discipline and balance sheet strength. But its next leg of growth could be a test.
India’s electronics manufacturing services, or EMS, story is typically told through two names: Dixon Technologies, the scale behemoth riding on government incentives, and Kaynes Technology, the high-mix engineer with ambitions stretching into semiconductors. The third—Syrma SGS—rarely makes the cut. A Chennai-based contract manufacturer building everything from automotive electronics to medical devices, it has been the least talked about of the trio.
And yet, over the past year, it is Syrma that the market has rewarded the most.
That divergence is striking because, on the surface, all three companies are playing the same game. They operate in the same policy environment, …
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
