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Systrome Technologies opens ₹100-crore plant in Thiruvananthapuram

Aims to boost telecom networking product manufacturing, meet evolving domestic and international demand

Haryana-based Systrome Technologies, specialising in advanced telecom equipment design and manufacturing, has launched its electronics manufacturing facility in Thiruvananthapuram. Set up with an investment of ₹100 crore, the facility aims to enhance innovation and excellence in electronics manufacturing in line with the ‘Atma Nirbhar Bharat’ initiative, a spokesman said.

https://www.thehindubusinessline.com/info-tech/systrome-technologies-opens-100-crore-plant-in-thiruvananthapuram/article68406171.ece


Telecom PLI 31 companies approved for Telecom PLI scheme

Among all the eligible MSME companies Systrome Technologies is one of them.

The government approved 31 companies comprising 16 medium and small enterprises (MSMEs) and 15 non-MSMEs (8 domestic and 7 global companies) under the telecom PLI scheme and expects an incremental production of around ₹1.82 lakh crore. According to the Department of Telecommunications, the 31 applicants are expected to invest ₹3,345 crores in the next four years and generate incremental employment for more than 40,000 people and boost domestic Research & Development (R&D) of new products, on which 15 percent of the committed investment could be invested. Among all the eligible MSME companies Systrome Technologies is one of them.

https://www.thehindubusinessline.com/info-tech/government-approves-31-companies-for-telecom-pli/article36999200.ece