Twin bonanza for Syrma SGS’ PCB project

Amaravati: Andhra Pradesh Government on Tuesday said the Union Ministry of Electronics and Information Technology (MeIT) has sanctioned capital support under the Electronics Component Manufacturing Scheme (ECMS) for Syrma SGS’ multi-layer PCB manufacturing project in Naidupeta in Tirupati district.

The approval accelerates the commissioning of a nationally significant facility that will anchor advanced PCB and materials manufacturing in India. With the Central subsidy now approved, Syrma Strategic Electronics’ Rs765 crore ECMS-backed PCB investment moves into execution, complementing Andhra Pradesh’s previously cleared incentive framework and policy enablers to fast-track domestic value addition in electronics. The facility will expand capacity in multi-layer and HDI/flex PCBs and integrate upstream materials such as copper clad laminates, supporting automotive, renewable energy, telecom, and defence supply chains. AP Cabinet held recently under the chairmanship of Chief Minister N Chandrababu Naidu approved the project at Naidupeta In September,

The Cabinet had cleared a comprehensive Rs856 crore incentive package for Syrma SGS’s PCB complex, including 12.56 acres at 75 per cent subsidised land cost in the Naidupeta industrial area, strategically located near Chennai’s electronics hub to leverage logistics and vendor ecosystems. The support under the Andhra Pradesh’s Electronics Components Manufacturing Policy (4.0) 2025-30 is designed to catalyse pioneering component investments through capital subsidies, power support, and tax-linked enablers.