Syrma SGS Technologies aims for $1 billion revenue by 2027 with focus on semiconductors and PCBs

Syrma SGS Technologies aims to reach $1 billion in revenue by FY27, focusing on semiconductors and printed circuit board manufacturing. The company reported revenue of 833 crore and a profit of 39.6 crore for the quarter ending September. Managing director Jasbir Singh Gujral expects revenue growth of 35-40%, projecting 4,500 crore next year and 6,000 crore the following year. Syrma plans to increase its export revenue to 1,100 crore by FY25, driven by a stronger presence in the US and expanded manufacturing in Germany. The company is evaluating backward integration into PCB manufacturing and is open to acquisitions to access new markets. Syrma operates 13 manufacturing facilities across India and has three R&D centers in Chennai, Gurugram, and Stuttgart.