SYRMA

Targets FY27 for India-Based Motherboard Production Amid EMS Growth

, India’s third-largest electronics manufacturing services (EMS) firm, is planning to begin local motherboard production for laptops by FY27. The move aims to enhance profitability and qualify for government incentives under the IT hardware PLI scheme. - Strategic Shift to Motherboards: Syrma SGS currently assembles laptops for MSI and Dynabook in India. It is now in talks with both firms to localize motherboard production, which would significantly increase value addition and operational margins. - Manufacturing Footprint & Partnerships: The company operates its own assembly line in Puducherry and collaborates with Dixon Technologies. The new initiative aligns with India’s push for domestic electronics manufacturing under the PLI scheme. - PLI Scheme Advantage: By adding motherboard capabilities, Syrma SGS aims to qualify for the IT hardware PLI incentives, which reward deeper localization and higher value addition in electronics production. - Timeline & Execution: The company is targeting the end of FY27 to commence motherboard production. Managing Director Jasbir Singh Gujral emphasized the strategic importance of this move for long-term revenue growth and competitiveness. - Sectoral Impact: Syrma’s expansion reflects broader trends in India’s EMS sector, where firms are increasingly shifting from assembly to full-stack manufacturing to reduce import dependence and capture higher margins.