Chennai: Electronics manufacturing services (EMS) company Syrma SGS Technology expects its exports to cross Rs 1,500 crore in the current fiscal (FY27) ) up from about Rs 1214 crore in FY26, banking on rising global demand and supply-chain diversification to drive revenue growth and profitability despite headwinds from commodity inflation.Speaking to TOI, Jasbir Singh Gujral, MD of Syrma SGS Technology, said the company’s diversification strategy and deeper integration into global supply chains are paying off as multinational companies look to diversify their manufacturing base.Export revenue grew 67% year-on-year to Rs 387 crore in Q1 of this fiscal, accounting for 24% of total operating revenue. The company is also expanding into specialised data centre manufacturing through a new leased facility in Bengaluru, focusing on power management and cooling systems.On its upcoming bare printed circuit board (PCB) and component manufacturing facilities, Gujral said 70% of the civil work would be completed by August, with trial production scheduled to begin between January and March 2027. He expects strong domestic and global demand, driven by supply-chain constraints, anti-dumping duties and a shortage of quality PCB manufacturing capacity in India.The company reported a 67% increase in revenue to Rs 1,604 crore in Q1FY27, while profit after tax rose 111% to Rs 106 crore.Despite global challenges, Indian manufacturers are well placed as multinational companies continue to diversify their supply chains, Gujral said. Syrma’s strategy of integrating into these global supply chains, initiated three to four years ago, is now paying off, he added.
