Mumbai, Sept. 10 -- Syrma SGS Technology has entered into a Joint Venture Agreement with Shinhyup Electronics Co., South Korea (Shinhyup Electronics) on 15 July 12025 for manufacturing of multi-layer Printed Circuit Board (PCB) and

Copper Clad Laminate (CCL) for automobile electronic equipment, home electronic appliances, IT and medical services in India.

In this regard, the Govt. of Andhra Pradesh has vide its order dated

09 September 2025, has approved the proposals of the Company as detailed below:

* Allotment of 26.70 acres of land at Menakuru Village, Naidupeta, Andhra Pradesh, to be made available by APIIC for establishing a Manufacturing and R&D facility for single, multilayer, HDI, and Flex printed circuit boards, a Copper Cla...