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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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The cash cum stock merger will see the creation of Syrma SGS Technologies Pvt Ltd with a combined turnover of over ₹1000 crore with 55% revenue coming from exports primarily to USA & Europe. The deal was supported through a Private Equity investment by GEF. \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">This Merger will have 8 manufacturing facilities in India across Gurgaon, Manesar, Bawal, Baddi, Bangalore, Chennai, Bargur, and 3 design centre centres in Chennai, Gurgaon and Stuttgart in Germany. This strategic merger is a perfect fit as there are no overlapping customers, industry verticals and geographies between the two entities. Further, with the established track record and strong expertise of the combined entity will serve marquee customers in Industrial, Water Purification, Medical and Automotive industries. \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">According to Sandeep Tandon, Managing Director, Syrma Technology Pvt Ltd, application areas such as medical electronics and defence electronics are seeing a surge leading to growth in the overall electronics sector. With the Indian Government having announced incentive schemes like PLI, Specs, EMC 2.0, etc., for developing the ecosystem, there is a bigger need for technological advancement in the EMS sector. This merger brings in a combined strength in new product and new customer acquisition through Co-Creation, Product realization and Lifecycle management.  He shared, “I am excited about the future prospect of the combined entity and believe that the merger with SGS Tekniks can help us grow our business by over 20 % y-o-y.”  \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">Commenting on this merger JS Gujral Founder, Chairman, SGS Tekniks said, “We are delighted to bring together these two iconic companies through this merger and create a strong platform for both domestic and international growth. We have the utmost respect for Syrma business and its employees, and greatly look forward to working together as we integrate the two companies.”\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">For more information: \u003Cstrong>www.syrmatech.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FCg5O0KRagAd8HHAyegUg.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FDecember2020\u002FCg5O0KRagAd8HHAyegUg.jpg","2020-12-30T05:51:49+05:30",0,"Syrma Technology and SGS Tekniks have finalized a cash-and-stock merger to create the combined entity Syrma SGS Technologies Pvt Ltd.\nThe new organization boasts a combined turnover exceeding ₹1000 crore, with 55% of revenue driven by exports to the US and Europe.\nThe merger combines 8 manufacturing facilities and 3 global design centers, focusing on medical, automotive, and industrial sectors.","Big news for the Indian electronics manufacturing sector: Syrma Technology and SGS Tekniks have announced a definitive merger to form Syrma SGS Technologies Pvt Ltd. This strategic move creates a powerhouse with a combined turnover of over ₹1000 crore, leveraging a global footprint that spans eight manufacturing facilities and three design centers. By combining non-overlapping customer bases and expertise in medical, industrial, and automotive electronics, the new entity is perfectly positioned to capitalize on India’s growing PLI-backed electronics ecosystem. Leadership from both firms expects this synergy to drive over 20% year-over-year growth, significantly strengthening their capacity for product co-creation and lifecycle management on a global scale. We look forward to seeing how this integration impacts the EMS landscape. #ElectronicsManufacturing #BusinessMergers #MakeInIndia","Major consolidation in the electronics space: Syrma Technology and SGS Tekniks merge to form Syrma SGS Technologies. A new entity with a ₹1000 crore turnover and massive global reach. Big win for the Indian EMS sector! #ElectronicsManufacturing #BusinessNews","Big moves in the electronics manufacturing world! 🌏 Syrma Technology and SGS Tekniks have officially merged to create Syrma SGS Technologies, a new powerhouse in the EMS industry. With a combined turnover of over ₹1000 crore and manufacturing reach across India, this merger is set to supercharge their footprint in the medical, automotive, and industrial sectors. 📈 It’s a perfect match with zero overlapping customers and a shared vision for global innovation. Exciting times ahead for the future of Indian-made electronics! ⚡️🔌 #SyrmaTech #SGSTekniks #ElectronicsManufacturing #MakeInIndia #TechMerger #Innovation #BusinessGrowth",{"title":145,"description":147,"keywords":158},"electronic manufacturing, syrma technology, sgs tekniks, merger and acquisition, ems industry, india manufacturing, electronics design, industrial electronics, gef capital",{"title":160,"slug":161,"imageUrl":162},"Boston Dynamics Expands Global Sales of Spot Robot","boston-dynamics-expands-global-sales-of-spot-robot","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FeRjQku6yeLOGTwKwMsOy.png",{"title":164,"slug":165,"imageUrl":166},"NMDC Continues to Grow Exponentially in Q2","nmdc-continues-to-grow-exponentially-in-q2","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FhKHC4Dc5AKp1QTdPHhNd.jpg",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"Durma India Outlines Strategic 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