SFO Tech mulling ₹2,270 crore electronic components plant in Tamil Nadu

SFO Technologies is looking to set up a plant with ₹2,270 crore investment in Tamil Nadu’s Theni district for manufacturing printed circuit boards (PCBs) and other components for the electronics industry, a senior executive at the Kochi-based company said.

The electronics manufacturing services firm, the flagship company of the NeST Group, is expected to sign a memorandum of understanding on the project with the Tamil Nadu government at the TN Rising Conclave in Madurai on Sunday, said the executive, asking not to be named.