AVALON

Company Profile

Avalon Technologies Limited is an India-based electronics manufacturing services (EMS) company. It was incorporated in 1999 and provides end-to-end manufacturing solutions—from printed circuit board (PCB) design and assembly through complete “box-build” systems and electro-mechanical integration. The company serves global original equipment manufacturers (OEMs) across geographies including the US, China, Netherlands, and Japan. Business Overview Avalon’s business spans PCB design, sourcing, assembly, cable/wire harnesses, sheet metal fabrication, machining, magnetics, injection-moulded parts and full system integration. Its key end-use markets include industrial equipment, mobility (including electric vehicles), clean energy (solar/hydrogen), communication infrastructure and medical devices. The company has manufacturing units in India (Tamil Nadu & Karnataka) and presence in the US as part of its global footprint. As of March 2022, Avalon employed over 1,900 people. Strengths Integrated EMS offering: By offering design through to full build, Avalon can act as a “one-stop-shop” for OEMs, which is a strong value proposition in EMS. Exposure to growth sectors: Clean energy, mobility, digital infrastructure are secular growth areas and Avalon is positioned to serve them. Global supply chain reach: Its international customer base and multi-location manufacturing help in diversification of demand and risk. Risks & Challenges Competitive EMS sector: The EMS space is highly competitive, with global and local players vying for contracts which puts margin pressure.