Quectel and Syrma SGS have broadened their collaboration to produce Internet of Things (IoT) antennas in India. This local manufacturing initiative strengthens the IoT supply chain, aligns with the 'Make in India' initiative, and enhances deployment for major industries.

The Ministry of Electronics and Information Technology (MeitY) has approved 75 applications worth a record ₹61,671 crores, exceeding its investment target. Notable investors like Dixon and Syrma are putting in significant amounts, fortifying India's electronic component sector capabilities.

Syrma SGS announces a Rs 1,600 crore investment in Andhra Pradesh for the manufacturing of PCBs and components. The goal is to initiate trial production by 2027 and expand into camera modules as part of their 'Make in India' initiative, focusing on local sourcing.