By Richa Chakravarty and Shweta Sengar
Monday, October 20, 2014: A joint report by the India Electronics and Semiconductor Association (IESA) and Frost & Sullivan estimates that the electronics manufacturing services (EMS) industry will reach a turnover of US$ 1 billion by 2015. According to the same report, this sector is expected to grow at a CAGR of 27.8 per cent year on year. In the light of such an impressive growth forecast, Electronics Bazaar attempted to find out the key players in the Indian EMS industry.
While most of the companies registered a growth in revenue, we observed a few significant changes — Dixon Technologies climbed to the second position in the list (from being ranked fourth last year). Also, Elin Electronics made a huge leap from the eighth position (last year) to rank fourth in the list, this year. Centum Electronics moved two positions higher, ranking seventh, and PG Electroplast too moved a slot higher to occupy the sixth position. In the case of SFO Technologies (third in the list), though it registered growth in its revenues, its ranking remained the same as last year. Rangsons Electronics, a new entrant in the list, is ranked No 5.
We also want to mention that some companies like Quad Electronics, Avalon Technologies, Syrma Technology, Benchmark Circuits, Donex Industries, Hical Technologies, etc, did not want to share their current turnover figures. Some MNCs like Sanmina-SCI India and Flextronics have also refrained from sharing their India revenues for FY 2013-14.
Disclaimer: While this survey is by no means comprehensive, it does provide a glimpse into many of India’s key EMS companies. While Electronics Bazaar’s editorial team has taken the utmost care to contact all possible sources to make the list comprehensive, we may have inadvertently left out a few companies from this list. Information contained in the following report has been obtained from sources deemed reliable, and Electronics Bazaar makes no claims with respect to its accuracy. Neither Electronics Bazaar nor its affiliates, officers, directors, employees, owners, representatives nor any of its data or content providers shall be liable for any errors or for any actions taken by any entity on the basis of this information.
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Top 10 EMS Companies in INDIA Ranked on the basis of revenue, FY 2013-14 |
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Rank |
Company |
Revenue (in Rs million) |
| 1 |
Jabil Circuit India Pvt Ltd |
19704.68 |
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2 |
Dixon Technologies (India) Pvt Ltd |
10610 |
|
3 |
SFO Technologies Pvt Ltd |
10,169.29 |
|
4 |
Elin Electronics Ltd |
5662.96 |
|
5 |
Rangsons Electronics Pvt Ltd |
4060 |
|
6 |
PG Electroplast Ltd |
3750 |
|
7 |
Centum Electronics Ltd |
2981.82 |
|
8 |
Kaynes Technology India Pvt Ltd |
2500 |
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9 |
SGS Tekniks Manufacturing Pvt Ltd |
1839.73 |
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10 |
Amara Raja Electronics Ltd |
1280 |
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Rank 1 Jabil Circuit India Pvt Ltd |
 Annual revenue 2013-14: Rs 19,704.68 million Anoop Kumar Mehrotra, country manager Jabil Circuit designs and manufactures for major OEMs in a diverse range of industries such as digital home and office devices, energy management, clean technology, etc. In 2003, Jabil acquired Philips’ facility in Pune. The company also acquired Celetronix India Pvt Ltd to add to its customer base. Jabil currently exports 94 per cent of its production, of which 80 per cent goes to the US, 7 per cent to Europe and the rest to various other countries. The company has plants in 23 countries with an employee strength of 1,80,000.
Contact details: Ph: 022-66425602, Anoop_Mehrotra@jabil.com, www.jabil.com |
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Rank 2 Dixon Technologies (India) Pvt Ltd |
 Annual revenue 2013-14: Rs 10,610 million Sunil Vachani, CMD Dixon provides complete solutions in the field of consumer electronics, lighting, set top boxes, energy meters and home appliances. The company’s client list includes customers like LG, Philips, Toshiba, Panasonic, Landis Gyr and Godrej, among others. Its subsidiary, My Box Technologies, is the first company in India to have indigenously developed cable and DTH set top boxes in collaboration with NDS, Conax and Irdeto.
Contact details: Ph: 0120–4737200, sunilvachani@dixoninfo.com, atullall@dixoninfo.com, www.dixoninfo.com |
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Rank 3 SFO Technologies Pvt Ltd |
 Annual revenue 2013-14: Rs 10,169.29 million N Jehangir, vice chairman and managing director SFO Technologies is a vertically integrated manufacturing house with major production facilities at three locations in India. The company is proud of its 1400 engineers who have expertise in embedded firmware, middleware and application software. SFO’s design and development services cover circuit design, schematics, layout, industrial design, 3D modelling, detailed mechanical drawing, prototyping and testing.
Contact details: Ph: +91-9895127004, Thomas.john@nestgroup.net, www.nestgroup.net. |
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Rank 4 Elin Electronics Ltd |
 Annual revenue 2013-14: Rs 5662.96 million M L Sethia, managing director Elin is a leading end to end manufacturing services provider with all the capabilities to execute a project from design to the finished product. It has an in-house R&D centre, which has been recognised by the Government of India. All its manufacturing facilities have been ISO 9001, ISO 14001 and TS 16949 certified for the past many years. Its major clients include Philips, Eveready, Denso, Grunner, Havells, Hitachi, etc. The company adheres to international norms for eco-friendliness. It has bagged various awards for quality and for being environmentally responsible.
Contact details: Ph: 011-2328 9340/2326 6399, 9810370198; vikas@elinindia.com, www.elinindia.com |
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Rank 5 Rangsons Electronics Pvt Ltd |
 Annual revenue 2013-14: Rs 4101.79 million Pavan G Ranga, CEO Rangsons Electronics operates production facilities to support EMS and product assembly requirements from customers worldwide. It is a part of the NR Group. It is a strong player in high mix and high tech domain.
Contact details: Ph: +91-821-428 0000, +91-821-400 0369, info@rangsons.com, www.rangsons.com |
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Rank 6 PG Electroplast Ltd |
 Annual revenue 2013-2014: Rs 3750 million Promod Gupta, CMD PG Group is a 35 year old multi-product high tech conglomerate. The company boasts of state of the art infrastructure and an impressive line of in-house facilities to cater to clients in India and overseas.
Contact details: Ph: +91-9810290272, vikas@pgel.in, www.pgel.in |
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Rank 7 Centum Electronics Ltd |
 Annual revenue 2012-13: Rs 2981.82 million Apparao Mallavarapu, CMD Centum has rapidly grown into a diversified electronics company operating across different industry segments. Centum is a leading industry partner for India’s DRDO labs, defence PSUs as well as key international defence companies. It is also a key partner for the ISRO, having delivered mission-critical electronics.
Contact details: Ph: +91 80 41436000; sales@centumelectronics.com, www.centumindia.com |
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Rank 8 Kaynes Technology India Pvt Ltd |
 Annual revenue 2013-2014: Rs 2500 million Ramesh Kannan, CMD Kaynes Technology offers total manufacturing solutions to integrated business verticals that cover the entire bandwidth of EMS. It has an exclusive line for RoHS manufacturing.
Contact details: Ph: +91-0821-4280270, +91-0821-2582595, commercial@kaynestechnology.net, www.kaynestechnology.net |
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Rank 9 SGS Tekniks Pvt Ltd |
 Annual revenue 2013-14: Rs 1839.73 million Sanjiv Narayan, MD SGS Tekniks deals in electronics design and manufacturing. It has six manufacturing plants with an annual capacity of over 2 billion components per hour (cph). It exports about 30 per cent of its turnover.
Contact details: Ph: 0124-4628800, sales@sgst.com, www.sgst.com |
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Rank 10 Amara Raja Electronics Ltd |
 Annual revenue 2013-14: Rs 1280 million Ramana Prasad Alam, CEO The Amara Raja Group offers quality products and solutions to the power sector. The company manufactures battery chargers, digital inverters and trickle chargers, and is a dominant player in the home inverter segment with its brand, Tribal.
Contact details: Ph: +9945075556, hnv@amararaja.co.in, www.amararajaelectronics.com |
Other Leading EMS Players
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Digital Circuits Pvt Ltd |
 Subhash Goyal, MD Digital Circuits Pvt Ltd (DCPL) has been catering to the needs of various industries for the last 30 years. It has a fully automatic SMT facility with the capability to handle lead free processes. Its manufacturing facility is spread over 6038.69sqm, has the latest technological aids and is staffed by 1100 skilled professionals. Year it was established in India: 1983 Headquarters located in: Bengaluru Manufacturing facilities located in: 10 units across Bengaluru, Baddi, Rudrapur, Pune, Mysore and Manesar Services provided: Turnkey EMS, integration and box building, test development for prototypes and design for manufacturability Sectors it caters to: Telecommunication, defence, solar energy, etc Contact details: Ph: 080-22560994 to 22560997, +91-9845026472, subhashgoyal@digitalcircuits.in, www.digitalcircuits.in |
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EOS Power India Pvt Ltd |
 Vijay Gujarathi, COO and director EOS Power is a German company that specialises in the design and manufacture of high density, high efficiency, low to medium power AC/DC switching open frame and external power supplies ranging from 30W to 450W. The company produces and sells approximately one million assemblies per year.
Contact details: Ph: +91 9223395752/+ 91 22 67744004, Vijay.gujarathi@eospower.com www.eospower.com |
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Flextronics Technologies (India) Pvt Ltd |
 Ashok Dhawan, MD and VP Flextronics Technologies India is engaged in both manufacturing as well as providing services for electrical and electronics goods makers. It operates as a subsidiary of Flextronics International Ltd. The company’s manufacturing plant in India is spread over 7896.8sqm.
Contact details: Ph: +91-44-67105000/1, Madhusudan.Moudgal@flextronics.com, www.flextronics.com |
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Sahasra Electronics Pvt Ltd |
 Amrit Manwani, MD Sahasra Electronics Pvt Ltd commenced manufacturing services in 2001. Its manufacturing plant is spread over 4645.15sqm in Noida, and has a production capacity of about one million assemblies per annum. The company is not only ISO 9001:2000 certified but also RoHS compliant.
Contact details: Ph: +91-11-26844028, +91-11-26913892, +91-120-2563558/91, varun@sahasraelectronics.com, www.sahasraelectronics.com |
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Sanmina-SCI India Pvt Ltd |
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Sanmina-SCI India is a part of Sanmina-SCI Corporation, an MNC providing end to end manufacturing solutions and support to OEMs.
Contact details: Ph: +91-44-37196000, muthu.sivan@sanmina-sci.com, www.sanmina-sci.com |
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Smile Electronics Ltd |
 Mukesh Gupta, MD Smile Electronics began its EMS journey as a small job work unit before graduating to a complete turnkey manufacturing firm in 2006. Graduating from a capacity of 4000 cph in 2000 to 220,000 cph in 2012, Smile has also worked towards building India’s first indigenous tablet.
Contact details: Ph: +91-99450 23000, guptaashita@smileelectronics.com, smileelectronics.com |
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