PCB manufacturing needs upto ₹15,000 crore more investment to cut import dependence below 50%: Syrma MD

India requires additional investments of ₹10,000–15,000 crore in printed circuit board (PCB) manufacturing over the next two to three years to bring the country’s import dependence below 50%, according to JS Gujral, MD, Syrma SGS.

“India currently produces only about ₹5,000 crore worth of PCBs. Three years from now, we expect domestic PCB production to rise to around ₹20,000 crore, while demand will be around ₹70,000 crore,” Gujral said.