10 Indian PCB Manufacturing Companies

Printed circuit boards (PCBs/PCBAs) are an essential component of electronic equipment and are in high demand in the electronics manufacturing industry. With so many options available, it can be challenging to select the best supplier. While we can choose to source PCBs locally or overseas, it’s worth considering the rapid growth of India. Indian PCB manufacturers are quickly becoming a significant player in the global electronics market.

Overview of PCB Market in India

In recent years, the electronics manufacturing industry has witnessed increased attention towards high-quality products with a focus on cost-effectiveness. India, being a developing country in Asia, benefits from cheaper labor, leading to a growing Electronic Manufacturing Services (EMS) industry. Factors such as the increasing demand for electronic equipment, growth in the automotive industry, and government initiatives to promote domestic manufacturing have all contributed to the rapid growth of the EMS industry in India.

ResearchAndMarkets expects the PCB market in India to grow at a compound annual growth rate (CAGR) of 12% during 2021-2026. The market was valued at $3.47 billion in 2020 and is estimated to reach $7.14 billion by 2026. The automotive industry is a significant end-user of EMS in India, and the growing adoption of electric vehicles (EVs) is further driving demand. Moreover, the rise of Industry 4.0 and the Internet of Things (IoT) is expected to boost growth in the industrial automation sector, leading to increased demand for PCBs.

Government initiatives such as the Make in India initiative and the National Electronics Policy (NPE) are also playing an important role in the growth of the PCB industry in India. These initiatives aim to promote domestic manufacturing and reduce dependence on imports, leading to an increase in the number of PCB manufacturers in India.

The Indian market is currently dominated by a few key players such as Bharat Electronics Limited, ISRO, and L&T Technology Services. However, with the growth of the market, new players can establish themselves as well. In light of this, FS Tech has compiled a list of the top 10 PCB manufacturing companies in India based on industry experience.

Genus Electrotech Ltd
Anand Electronics
Shogini Technoarts Pvt Ltd
CIPSA-TEC India Pvt. Ltd
Circuit Systems India Ltd
Epitome Components Ltd
Meena Circuits
Fine-Line Circuits Ltd
Syrma Technology Pvt Ltd
India Circuit

Best PCB manufacturers in India

Genus Electrotech Ltd

Established in 1993 and headquartered in Jaipur, Rajasthan, Genus Electrotech Ltd is a leading manufacturer and distributor of power management solutions. The company provides a comprehensive range of services, including energy meters, inverters, batteries, and solar solutions to residential, commercial, and industrial sectors. With a network of over 500 distributors and dealers in India, the company has expanded globally, covering more than 50 countries/regions such as the United States, United Kingdom, Australia, and South Africa.

Genus Electrotech Ltd has advanced manufacturing technology and a complete production process, ensuring that their circuit boards are durable, reliable and cost-effective. They not only use these boards for their own products but also provide a comprehensive turnkey PCBA service, offering customized services to customers from various industries. Their design, manufacturing, and assembly services are of international standards and their team of experienced engineers and technicians work closely with customers to produce PCBA boards that meet their specific requirements. The boards they produce have a wide range of applications, including power electronics, control systems, and industrial automation.

Certificates: ISO9001:2000, 14001:2004 UL, BIS, and TS

Anand Electronics

Anand Electronics, founded in 1971 in Mumbai, India, specializes in the design and manufacture of high-quality electronic components and systems. Their product range includes resistors, capacitors, inductors, transformers, and power supplies that meet international standards and are used in a variety of industries, such as automotive, aerospace, defense, telecommunications, and medical. Apart from providing electronic components, they also offer PCB fabrication services to electronics manufacturers. Known for their fast turnaround times and cost-effective solutions, Anand Electronics has gained worldwide recognition.

Shogini Technoarts Pvt Ltd

Shogini Technoarts Pvt Ltd is a leading Indian PCB supplier established in 1993 and based in Pune, India. They specialize in providing comprehensive bare board manufacturing services, offering single-sided, double-sided, and multilayer PCB of high quality using advanced manufacturing equipment. Their PCB printing is widely used in various industries such as automotive, power electronics, computer peripherals, and LED lighting.

Certifications: ISO 9001-2015 certified, UL and LCSO approved

While Shogini Technoarts Pvt Ltd is a highly reputable company, it’s important to note that their services differ from those offered by FS Technology. FS Technology is a PCBA manufacturer with quality as the first priority principle, focusing on providing fully customized turnkey PCB assembly services, which will include design, manufacture, assembly, testing and delivery.

CIPSA-TEC India Pvt. Ltd

CIPSA-TEC India Pvt. Ltd is a research and development focused company that was established in 1996. The company heavily invests in innovation and new product development every year to stay ahead in the market. Its R&D team is equipped with the latest technology and equipment to ensure that its PCBs comply with the latest industry standards and are of the highest quality.

CIPSA-TEC India Pvt. Ltd has a unique advantage in mass production as they have the most advanced and largest manufacturing plant in Bangalore. They design, develop and manufacture various types of boards for different industries such as industrial, medical and aerospace, including single-layer, double-layer, multi-layer, rigid, flexible, and rigid-flex PCB.

Certifications: ISO9001:2008, ISO-14001, and TS-16949:2009.

Circuit Systems India Ltd

Circuit Systems India Ltd, located in Bangalore, India, is a top contender for your electronic manufacturing services needs. Founded in 1995, they offer a comprehensive suite of EMS solutions, including PCB assembly, box assembly, electronic product design and development, component procurement, testing and quality control, logistics and supply chain management, and more. With services that closely resemble those of FS Technology, they are an ideal choice among Indian manufacturers.

There are several reasons why Circuit Systems India Ltd is worth considering:

Comprehensive services: from design to manufacturing to testing, they have you covered.
Authoritative certifications: they hold ISO 9001:2008, TS 16949:2009, UL, and DNV certifications, among others.
Quality assurance: they employ precise machinery, efficient process flow, advanced technology, and experienced teams to ensure quality production.
Service fields: they cater to a range of industries, including industrial, medical, communication, and consumer electronics.

Epitome Components Ltd

Epitome Components Ltd, a private company established in 1992 and headquartered in Mumbai, India, specializes in the production of single-sided PCBs. However, in 2009, the company realized the potential of the electronics manufacturing industry and expanded its capabilities to include the manufacture of multi-layer PCBs. With their advanced knowledge and extensive EMS solutions, they have become one of the largest PCB businesses in India with the highest annual output value. They cater to a wide range of industries, including home appliances, autonomous driving, micro-medicine, and consumer electronics. Notably, Epitome Components Ltd has collaborated with several multinational companies such as Nokia, Philips, LG, Thomson, and Flextronics in the consumer electronics field.

Meena Circuits

Based in Pune, India, Meena Circuits is a renowned bare PCB manufacturer that specializes in design and manufacturing services for a wide range of industries. With a highly skilled design team and advanced equipment, they are capable of producing high-quality and advanced boards.

Their customers praise them for being a reliable and trustworthy manufacturer. Throughout the PCB manufacturing process, Meena Circuits implements strict quality control measures to ensure that their products meet the highest standards. They are committed to continuous improvement and investment in new technologies to remain at the forefront of the bare board industry.

Fine-Line Circuits Ltd

Fine-Line Circuits is a leading organization that was founded in 1991 and is now listed in India. Unlike companies like JLC or FS Technology, Fine-Line Circuits specializes in complex circuits. They have a strong reputation in the aerospace, defense, and 5G base station industries, providing all services from production to assembly.

In addition, the company has been certified with ISO 9001:2008 and ISO 13485:2012, which further demonstrates their commitment to quality and customer satisfaction.

Syrma Technology Pvt Ltd

Syrma Technology Pvt Ltd, established in 2006, is a highly reputed Indian company that offers a wide range of Electronics Manufacturing Services (EMS) and solutions to various industries. The company has its headquarters in Chennai, India, and has been providing cutting-edge technology solutions to its customers for over a decade.

Syrma Technology is committed to offering comprehensive solutions to its customers, which include design and engineering, PCB assembly, box build assembly, testing and quality control, and supply chain management. The company has expertise in serving various industries, such as automotive, aerospace and defense, telecommunications, medical, industrial, and consumer electronics.

One of the biggest strengths of Syrma Technology is its state-of-the-art manufacturing facilities. The company has invested heavily in advanced machinery and technologies to ensure high-quality products and efficient manufacturing processes. The company has a team of highly skilled and experienced professionals who work tirelessly to ensure that the customers’ requirements are met and the final products meet the highest quality standards.

Syrma Technology has been recognized for its commitment to quality and excellence, which is reflected in its certifications. The company is ISO 9001:2015, ISO 14001:2015, and IATF 16949:2016 certified. These certifications demonstrate the company’s commitment to quality, environmental management, and continuous improvement.

India Circuits Ltd

India Circuits Ltd is a leading Indian maker that specializes in providing high-quality printed circuits for various industries. Established in 2007, the company is based in Gandhinagar, Gujarat, and has earned a reputation for providing innovative and reliable PCB printing solutions.

India Circuits offers a comprehensive range of PCB solutions, including single-sided, double-sided, and multi-layer PCBs, that cater to the specific needs of its customers. The company caters to a diverse range of industries, such as automotive, aerospace and defense, telecommunications, medical, industrial, and consumer electronics. They have a team of experienced professionals who are experts in PCB design and manufacturing technologies.

To ensure high-quality products and efficient manufacturing processes, India Circuits uses state-of-the-art machinery and equipment. The company has implemented quality control measures at every stage of the PCB manufacturing process to ensure that its products meet the highest standards.

What sets India Circuits apart from other PCB manufacturers is their commitment to innovation and continuous improvement. The company invests heavily in new technologies and equipment to stay at the forefront of the PCB industry. Their R&D team is constantly exploring new and innovative ways to improve their products and services.

India Circuits has earned various certifications that showcase their commitment to quality. They hold certifications for IATF 16949 -2016, ISO 9001-2015, ISO14001-2015, and UL. These certifications demonstrate the company’s dedication to providing high-quality products and services that meet or exceed industry standards.

China VS India - How do I choose

When it comes to PCB manufacturing, both China and India are highly regarded in the industry due to their advanced technology, skilled labor, and diverse product categories. However, to make a choice between the two countries, one must consider the advantages and disadvantages of each.

Labor costs are a significant factor to consider. China and India are the two most populous countries in the world, which gives them an advantage in terms of labor costs compared to European and American countries. India has a lower cost advantage due to being a developing country. Although China has a higher hourly salary cost, it also has a better-developed economy and a higher per capita GTP.

Technological advancement is another crucial consideration. The Indian PCB industry currently faces infrastructure challenges, insufficient testing and certification facilities, and other shortcomings, which can negatively affect quality. This disadvantage often results in higher prices for quality boards from China or other Asian countries. Nevertheless, India is well-known for its skilled programmers and is expected to improve its quality in the future.

Manufacturing scale is also an important factor. China’s PCB industry is larger and accounts for 50% of the world’s total exports in low-end PCBs. This volume manufacturing approach can provide an economy of scale that India currently lacks.

National policy is another point of difference between the two countries. The Chinese government heavily invests in the PCB industry, providing subsidies and incentives to manufacturers for expansion and innovation. In contrast, the Indian government has not offered as much support but is starting to invest in the industry through initiatives such as the “Make in India” program.

Conclusion

To provide high-quality PCB manufacturing and assembly services, a supplier must possess specialized knowledge, advanced production equipment, and extensive experience. Unfortunately, not all PCB suppliers in India possess these critical elements, and the level of quality varies widely. With so many options available, it can be challenging to choose a trustworthy PCB manufacturer, and conducting market research is often time-consuming.

Our list of the top 10 PCB service suppliers in India is the result of years of experience and extensive research. By utilizing this list as a reference, you can quickly and easily find an ideal supplier. These 10 PCB suppliers are the best in India, providing high-quality PCB services domestically and internationally. If you’re seeking a reliable and experienced PCB manufacturing partner in India, these companies are excellent options.

India’s PCB industry has tremendous potential for growth, and with the right policies and investments, it can become a significant player in the global electronics industry.