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The Economic Times
The Economic Times
Business
Ritesh Presswala

Syrma SGS Technology shares jump 5% after JV pact with Japan’s Kaga Electronics

Syrma Syrma SGS Technology Japan India

Shares of Syrma SGS Technology surged 4.84% to Rs 1,400.90 in Tuesday's trading session after the electronics manufacturing services (EMS) company announced a strategic joint venture with Japan-based Kaga Electronics India Pvt. Ltd. to establish a state-of-the-art EMS manufacturing facility in India.

The partnership marks a significant step in Syrma's efforts to strengthen its presence in the high-value electronics manufacturing segment while catering to the growing requirements of Japanese customers looking to expand their sourcing footprint in India.

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