Top 12 PCB Manufacturers in India

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The main demand for PCBs comes from the consumer electronics, industrial and automotive electronics markets, as well as from power and telecommunications.

By Richa Chakravarty

Sunday, August 12, 2012: Electronics Bazaar has attempted to rank the Top 12 PCB manufacturers in India on the basis of their revenues for the FY 2010-11, which was verified from the website of the Ministry of Corporate Affairs (MCA), Government of India. Unfortunately, as none of the companies, barring a couple, have filed their current revenues with the MCA, we had to rank them based on the previous year’s turnover. Also, some major companies could not be included in the ranking as they declined to share their revenue figures with us, nor could we procure their balance sheets from the MCA website. We have also not included the companies that manufacture other products besides PCBs, or are into other services besides manufacturing PCBs.

While this survey is by no means comprehensive, it does provide a glimpse into many of India’s key PCB manufacturers.

Disclaimer: While Electronics Bazaar’s editorial team has taken the utmost care to contact all possible sources to make the list comprehensive, we may have inadvertently left out a few companies from this list. Information contained in the following report has been obtained from sources deemed reliable, and Electronics Bazaar makes no claims with respect to its accuracy. Neither Electronics Bazaar nor its affiliates, officers, directors, employees, owners, representatives nor any of its data or content providers shall be liable for any errors or for any actions taken by any entity on the basis of this information.

Rank Company Name
1 AT & S India Pvt Ltd
2 Ascent Circuits Pvt Ltd
3 Shogini Technoarts Pvt Ltd
4 Epitome Components Ltd
5 Circuit Systems India Ltd/PCB Power
6 Akasaka Electronics Ltd
7 Meena Circuits Pvt Ltd
8 Fine-Line Circuits Ltd
9 Micropack Ltd
10 Ace Circuits Pvt Ltd
11 BLG Electronics Ltd
12 Sulakshana Circuits Ltd
AT&S India Pvt Ltd 
Annual Revenue (2010-11); Rs 2506 million
Ric Rawlley, MD and COO

AT&S India Pvt Ltd is a wholly owned subsidiary of Austria Technologie & Systemtechnik AG, Austria, one of the leading manufacturers of PCB in Europe. AT&S AG acquired India’s largest PCB manufacturer in 1999 and significantly expanded its capacity in the years that followed.

Year it was established: 1988
Location of manufacturing facility: Nanjangud, Karnataka
Manufactures: Double sided plated through multilayer PCBs
Sectors it caters to: Automotive and industrial
Contact details: Ph: +91 8221 304000; info@ats.net; www.ats.net

Ascent Circuits Pvt Ltd 
Annual Revenue (2010-11); Rs 916.37 millionPS Sudhakar, CEO

Ascent Circuits has a state of the art reverse pulse plating line. It is a fast growing company with an annual capacity in excess of more than 500,000 sq m of single sided PCBs and 108,000 sq m of double sided, multilayer PCBs.

Year it was established: 1999
Location of manufacturing facility: Hosur, Tamil Nadu
Manufactures: Single sided, double sided and multilayer PCBs
Sectors it caters to: Telecom, military, aerospace, microwave and RF
Contact details: Ph: +91 4344 400108/400124; Fax: +91 4344 400128; info@ascentcircuits.com, rfq@ascentcircuits.com; www.ascentcircuits.com

Shogini Technoarts Pvt Ltd 
Annual Revenue (2010-11); Rs 884.86 millionSatish Athavale, MD

An ISO 9001-2008 certified and UL approved company, Shogini has two plants of 32,000 sq m and 6000 sq m, with a total annual production capacity of 200,000 sq m.

Year it was established: 1979
Location of manufacturing facility: Pune, Maharashtra
Manufactures: Single sided, double sided and multilayer PCBs
Sectors it caters to: Telecom, automotive, computer peripherals, power electronics, LED lighting, process control and energy management.
Contact details: Ph: +91 20 6647 1700; Fax: +91 20 6647 1714; info@shogini.com; www.shogini.com

Epitome Components Ltd 
Annual Revenue (2010-11); Rs 875.59 millionAnuraag Dhoot, director and CEO

Epitome Components is an Indian company that started off with a manufacturing capacity of15,000 sq m of PCBs per month and today has reached a capacity of 100,000 sq m per month. Its range of products is customised to meet individual needs.

Year it was established: 1997
Location of manufacturing facility: Two plants located in Ahmednagar and one in Supa
Manufactures: Single sided, double sided, multilayer and RF PCBs
Sectors it caters to: Consumer electronics, lighting, telecommunications, automotive, power and defence.
Contact details: Ph: 91-241-2777684, 2777681, 2779081; Fax: 91-241-2778241; girish.vaikar@epitomeindia.com

CSIL/PCB Power 
Annual Revenue (2010-11); Rs 413.73 million
Paresh N Vasani, managing director

Circuit Systems India Ltd (CSIL) has a strong focus on R&D for process improvements, cost reduction and new product development.
Recently, CSIL acquired PCB Power as its online marketing partner.

Year it was established: 1995
Location of manufacturing facility: Gandhinagar, Gujarat
Manufactures: Prototypes, single sided, double sided and multilayer PCBs. Sectors it caters to: Telecommunications, instruments, defence, automobiles, computers, process control and space applications
Contact details: Ph: +91 79 23287086/87/88; Fax: +91 79 23287089; info@mycsil.com; www.mycsil.com

Akasaka Electronics Ltd 
Annual Revenue (2010-11); Rs 384.40 millionGulu L Mirchandani, chairman

A subsidiary of Mirc Electronics Ltd, Akasaka has adopted process technology from Japan to achieve the critical specifications of track width and spacing. It has an annual capacity of 1 million sq m.

Year it was established: 1987
Location of manufacturing facility: Navi Mumbai, Maharashtra
Manufactures: Single sided PCBs
Sectors it caters to: Telecommunications, automobiles and computers
Contact details: Ph: +91 22-2761 7371/7373/2322/3126; Fax: +91-22-2767 0140; marketing@akasakapcb.com;www.akasakapcb.com

Meena Circuits Pvt Ltd 
Annual Revenue (2010-11); Rs 265.59 millionBH Patel, chairman

The company has entered into a 100 per cent technology tie-up with hi-tech PCB manufacturer, Amitron Corporation, USA.

Location of manufacturing facility: Baroda, Gujarat
Manufactures: Single sided, double sided and multilayer PCBs
Sectors it caters to: Automotive, communication data, consumer and industrial electronics, defence, aerospace, instrumentation and medical electronics
Contact details: Ph: +91 2667 251791 / 251792 / 251793 /251794; Fax: +91 2667 251795; mail@meenacircuits.com; www.meenacircuits.com

Fine-Line Circuits Ltd 
Annual Revenue (2010-11); Rs 240.88 millionAbhay B Doshi, managing director

The company aims to compete in the world markets by continuously improving its capability to handle higher PCB complexity (thinner lines and smaller holes), gearing up for smaller lot sizes, shorter lead times and a broader range of materials. In the FY 2011-12, it registered a total turnover of Rs 220 million.

Year it was established: 1991
Location of manufacturing facility: Santacruz Electronics Export Processing Zone (SEEPZ), Mumbai, Maharashtra
Manufactures: Single sided, double sided, multilayer PCBs; impedance controlled PCBs, high copper board and backplane PCBs
Sectors it caters to: Security, automotive, communication data, consumer and industrial electronics, defence and aerospace, instrumentation and medical electronics
Contact details: Ph: 91 22 28290244/45; Fax: 91 22 28292554; fineline@vsnl.com; www.finelineindia.com

Micropack Ltd 
Annual Revenue (2010-11); Rs 230.62 millionSreekar Reddy, CEO

Micropack’s manufacturing unit is spread over an area of 5000 sq m and it has a production capacity of 30,000 sq m per annum.

Year it was established: 1984
Location of manufacturing facility: Bengaluru, Karnataka
Manufactures: Multilayer PCBs, heatsink PCBs and flexi-rigid PCBs
Sectors it caters to: Defence, space, avionics, telecom, medical and industrial electronics
Contact details: Ph: 91 807825223/7825224; Fax: 91 807825225; customersupport@micro-pack.com, marketing@micro-pack.com; www.micro-pack.com

Ace Circuits Pvt Ltd 
Annual Revenue (2010-11); Rs 200.54 millionDeep K Patel, director

The company has a 5000 sq m dedicated modern PCB manufacturing facility, and is committed to matching international standards in the design and manufacture of PCBs.

Year it was established: 2006
Manufactures: Double sided, flexible, single sided and rigid PCBs
Sectors it caters to: Telecom, medical and industrial electronics
Contact details: Ph: 91 79 23287540; Fax: 91 79 23287076

BLG Electronics Ltd 

Annual Revenue (2010-11); Rs 122.80 million

Rohit Raisurana, director
Spread over 10,000 sq m with a capacity of 72,000 sq m of PCBs per annum, the company has in-house facilities for design, prototyping, manufacturing and quality assurance.

Year it was established: 1990
Location of manufacturing facility: Gandhinagar, Gujarat
Manufactures: Single sided, double sided and multilayer PCBs
Sectors it caters to: Telecommunications and consumer electronics
Contact details: Ph: 91 79 3224479, 3224481; Fax: 91 79 3225663; customersupport@blgpcb.com;www.blgpcb.com

Sulakshana Circuits Ltd 
Annual Revenue (2010-11); Rs 111.77 millionC Durga Rao, MD

The company was established by Canadians of Indian origin in 1988 with the technical collaboration of Lazer-Tech (Canada). It has experienced management, skilled manpower and is led by Canadians and Americans of Indian origin and has just doubled its production capacity.

Year it was established: 1990
Location of manufacturing facility: Hyderabad
Manufactures: Double sided and multilayer PCBs
Sectors it caters to: Automotive, instrumentation and control, railways, telecommunications, medical, aerospace, defense, consumer and contract electronics
Contact details: Ph: +91 40 3242 0340; Fax: +91 8458 279 583; Information@SCLpcb.com; www.sclpcb.com

Other leading PCB manufacturers in  India 

Companies Websites

  • Anand Electronics & Industries Ltd www.anand-electronics.com
  • Apex Test Technologies www.apextest.com
  • BCC Fuba India Ltd www.bccfuba.com
  • Bharat Electronics Ltd www.bel-india.com
  • Bharath Circuits Pvt Ltd www.bharathcircuits.co.in
  • BPL Ltd
  • Capronics Pvt Ltd
  • Cipsa-Ric India Pvt Ltd www.cipsaric.com
  • Circuit Technology www.circuittechnology.com
  • Cosmic Engineering Enterprises
  • DMS Technologies Pvt Ltd www.dmstech.in
  • Electronics Corporation of India Ltd www.ecil.co.in
  • Fortran Cirkit Electronics Pvt Ltd
  • Garg Electronics Pvt Ltd www.gargelectronics.com
  • Genus Electrotech Ltd www.genuselectrotech.co.in
  • Gyan Cirkitronics Pvt Ltd
  • Hirel Circuit Pvt Ltd no website
  • Hyderabad Flextech Ltd www.hydflextech.com
  • Ibiden India www.ibiden.com
  • Companies Websites
  • Impex Electronics Pvt Ltd
  • Infopower Technologies Ltd
  • Jagat RF Solutions India Ltd www.jagatrfs.com
  • Jayant Circuits
  • Legend Communication Pvt Ltd
  • Leo Circuit Boards Pvt Ltd www.leoelectronics.comn
  • Micro Interconnexion Pvt Ltd
  • Multiline Electronics Pvt Ltd www.meplpcb.com
  • Netra Electronics
  • NSP Electronics Ltd www.nspblr.com
  • Paridhi Electro Chem
  • PC Process Pvt Ltd www.pcprocess.in
  • Poona Electronics
  • QDOS Flexcircuits (India) Pvt Ltd www.qdos.com
  • RD Electronics www.rde-design.com
  • Supreme Circuits www.supremecircuits.in
  • Techno Circuits www.technocircuitsystems.com
  • UV Circuits Pvt Ltd
  • Vintek Circuits (India) Pvt Ltd

Electronics Bazaar, South Asia’s No.1 Electronics B2B magazine

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