Syrma SGS Acquires Majority Stake in Elcome Integrated Systems

12 Nov 2025 CW Team

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.”

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.”

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..