+
Syrma SGS Acquires Majority Stake in Elcome Integrated Systems
Technology

Syrma SGS Acquires Majority Stake in Elcome Integrated Systems

Syrma SGS Technology, a leading Electronics System Design and Manufacturing (ESDM) company, today announced that it has entered into a definitive agreement to acquire a 60 per cent majority stake in Elcome Integrated Systems (Elcome), marking a strategic entry into India’s Defence and Maritime electronics domain.

Founded in 1978 and headquartered in Navi Mumbai, Elcome is a well-established Indian company specializing in advanced electronic systems, integrated command solutions, and mission-critical technologies. Over the past four decades, it has been a trusted partner to India’s Defence and Maritime establishments, offering design, integration, and support for navigation, communication, and surveillance systems — including Integrated Bridge Systems, navigation radars, and maritime communication suites. These are deployed extensively across Indian Navy and maritime platforms, supported by a pan-India service network.

Elcome’s strong R&D foundation and engineering depth enable it to deliver high-reliability, indigenous solutions tailored to complex operational requirements. Its portfolio spans navigation, communication, and control systems used in mission-critical defence and maritime applications.

The acquisition strengthens Syrma SGS’s presence in the fast-growing Defence Electronics segment — a key area of national importance — by combining Elcome’s domain expertise with Syrma SGS’s industrial-scale manufacturing, supply chain capabilities, and product engineering strengths. Together, the two companies aim to deliver high-reliability, innovation-led systems for defence customers in India and abroad.

Aligned with the Aatmanirbhar Bharat vision, this move reinforces India’s commitment to self-reliance in advanced electronic systems and the growth of indigenous defence technology capabilities.

Commenting on the acquisition, Sandeep Tandon, Chairman, Syrma SGS Technology said, “This marks a significant milestone in Syrma SGS’s long-term strategic roadmap. India’s defence sector is witnessing strong indigenization and capability expansion. Elcome brings deep technical expertise, proven deployment experience, and trusted customer relationships across key defence institutions. Together, we aim to build a scaled, innovation-driven domestic platform in defence electronics, aligned with India’s national priorities.”

Syrma SGS Technology, a leading Electronics System Design and Manufacturing (ESDM) company, today announced that it has entered into a definitive agreement to acquire a 60 per cent majority stake in Elcome Integrated Systems (Elcome), marking a strategic entry into India’s Defence and Maritime electronics domain.Founded in 1978 and headquartered in Navi Mumbai, Elcome is a well-established Indian company specializing in advanced electronic systems, integrated command solutions, and mission-critical technologies. Over the past four decades, it has been a trusted partner to India’s Defence and Maritime establishments, offering design, integration, and support for navigation, communication, and surveillance systems — including Integrated Bridge Systems, navigation radars, and maritime communication suites. These are deployed extensively across Indian Navy and maritime platforms, supported by a pan-India service network.Elcome’s strong R&D foundation and engineering depth enable it to deliver high-reliability, indigenous solutions tailored to complex operational requirements. Its portfolio spans navigation, communication, and control systems used in mission-critical defence and maritime applications.The acquisition strengthens Syrma SGS’s presence in the fast-growing Defence Electronics segment — a key area of national importance — by combining Elcome’s domain expertise with Syrma SGS’s industrial-scale manufacturing, supply chain capabilities, and product engineering strengths. Together, the two companies aim to deliver high-reliability, innovation-led systems for defence customers in India and abroad.Aligned with the Aatmanirbhar Bharat vision, this move reinforces India’s commitment to self-reliance in advanced electronic systems and the growth of indigenous defence technology capabilities.Commenting on the acquisition, Sandeep Tandon, Chairman, Syrma SGS Technology said, “This marks a significant milestone in Syrma SGS’s long-term strategic roadmap. India’s defence sector is witnessing strong indigenization and capability expansion. Elcome brings deep technical expertise, proven deployment experience, and trusted customer relationships across key defence institutions. Together, we aim to build a scaled, innovation-driven domestic platform in defence electronics, aligned with India’s national priorities.”

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code