Syrma SGS Technology (Syrma SGS) has entered into a definitive agreement to acquire 60% majority stake in Elcome Integrated Systems (Elcome), a long-established Indian Defence and Maritime electronics company specializing in advanced electronic systems, integrated command solutions, and indigenous mission-critical technologies.
This acquisition marks a strategic step for Syrma SGS in advancing its presence in Defence Electronics, an area of increasing national priority. The combination brings together Elcome’s deep domain expertise with Syrma SGS’s established strengths in industrial scale manufacturing, supply chain reach and product engineering, enhancing the shared ability to deliver high-reliability systems to defence customers.
Syrma SGS Technology is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (EMS), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.
