Indian electronics manufacturing companies are expanding their businesses globally. They are doing this by forming partnerships and buying companies in countries like the US, Europe, and Israel. The main reason? To take advantage of supply chain disruptions caused by trade tariffs—especially those involving China.
These Indian firms are using this opportunity to quickly get access to new technologies and customers instead of building everything from scratch. This also supports the Indian government’s goal to boost electronics production and exports.
A senior executive explained that these companies are trying to quickly connect with international clients who want alternatives to Chinese suppliers. By acquiring foreign firms, they can sell both their own products and those of the companies they buy.
Read more: Startups Raise ₹44,000 Crore from Public Markets in FY25 — Double the Private Funding
Who’s Expanding Where?
- Amber Group is spending over ₹400 crore to buy a controlling stake in Unitronics, an automation company in Israel. This helps Amber serve global clients in aerospace and defence, which require special certifications.
- Dixon Technologies is working with Chinese component makers and investing more than ₹1,000 crore in joint ventures and production capacity.
- Kaynes and Syrma SGS have teamed up with Korean firms for printed circuit boards. They’ve also invested in companies in the US, Austria, and Germany to tap into their customer base.
- Syrma SGS reported exports worth ₹232 crore in the June quarter, mostly to the USA and Western Europe. However, some buyers are hesitant due to uncertain trade tariffs.
- Calcom Vision, which makes LED lights and fans, is restarting its export division. Two US companies are testing their products, and results are expected soon. Calcom believes that if US tariffs on Indian goods become more favorable, many American brands will start buying from them.
Risks for Investors
Despite this rapid growth, analysts warn there are risks. Investors may be concerned that too much money is being used for acquisitions and new investments, without seeing quick returns. This means profits might take longer to show up, which could worry shareholders.
Also See: India’s Retail Sector Sees 26% Drop in High Street Leasing in Q2 2025
