Top 15 PCB manufacturers in India

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By Richa Chakravarty

Monday, September 1, 2014: According to a report by the Indian Printed Circuit Association (IPCA), the demand for PCBs in India has increased at a CAGR of 35 per cent year on year. The local PCB industry not only serves the domestic market but about 24 per cent of what is manufactured annually is exported. Indian PCB manufacturers have also enhanced their production capabilities from single layer PCBs to 16-24 layer PCBs.

Despite the fact that almost 75 per cent of domestic demand is met by imports, the PCB sector is doing well.

Here we have ranked the top 15 PCB manufacturers in India, based on their turnover for FY 2012-13. The revenue figures have been procured from the website of the Ministry of Corporate Affairs (MCA), Government of India, and verified by the companies themselves. Some revenue figures were also provided by the companies.

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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.

Top 15 PCB MANUFACTURERS IN INDIA

Ranked on the basis of revenue, FY 2012-13   

Rank

Company

Revenue (in Rs, million) FY 2012-13

Revenue (in Rs, million) FY 2011-12

1

AT&S India Pvt Ltd

3225.00

3094.00

2

Genus Electrotech Ltd

2825.90

2380.00

3

Shogini Technoarts Pvt Ltd

1127.00

942.75

4

Ascent Circuits Pvt Ltd

1040.00

867.10

5

Epitome Components Ltd

935.39

797.57

6

CIPSA-TEC India Pvt Ltd

574.80

647.62

7

Meena Circuits Pvt Ltd

400.31

423.37

8

Circuit Systems India Ltd/PCB Power

263.62

305.98

9

Fine-Line Circuits Ltd

253.17

222.37

10

Micropack Ltd

244.38

234.83

11

Vintek Circuits (India) Pvt Ltd

232.47

171.93

12

Garg Electronics Pvt Ltd

190.13

13

Akasaka Electronics Ltd

175.69

325.04

14

BLG Electronics Ltd

174.10

115.37

15

Sulakshana Circuits Ltd

141.34

116.53

 

Rank 1

AT&S India Pvt Ltd

Guenter Hermann Weiss, MD and COO
Guenter Hermann Weiss, MD and COO

Annual revenue (FY 2012-13): Rs 3225 million

Guenter Hermann Weiss, MD and COO

AT&S India is a subsidiary of the European company, AT&S AG, which is a technically advanced manufacturer of PCBs. Besides its facility in India, it has five more plants across the globe. The Indian facility concentrates on medium to high volume production of PCBs for industrial and automotive customers. During the year, the company produced 337,425 sq m of PCBs which amounted to a 3.73 per cent growth over production in 2011-12. It also introduced new technology/processes during the year including internal chamfering with control depth routing, using new semi-flex PCB technology, blind via technology, etc.

  • Year of establishment in India: 1999

  • Indian headquarters: Nanjangud, Karnataka

  • Manufacturing facility: Nanjangud, Karnataka

  • Products manufactured: Double-sided and multi-layer PCBs

  • Segments covered: Automotive, industrial, medical and aerospace

Contact details: Ph: 08221-304010, [email protected], www.ats.net

Rank 2

Genus Electrotech Ltd

Vishnu Todi, MD
Vishnu Todi, MD

Annual revenue (FY 2012-13): Rs 2825.90 million (a multi-product company)

Vishnu Todi, MD

Genus is a PCB manufacturing company with total backward integration, right from the bare PCB to corrugated/EPS manufacturing of all types of products. It has a modern PCB manufacturing plant spread over an area of 72,000 sq m consisting of an automatic component insertion line, and an SMT line. Today the company has more than 146 high-turnover distributors in six states and more than 4083 dealers.

  • Year of establishment in India: 2005

  • Headquarters: Gandhidham, Gujarat

  • Manufacturing facility: Gandhidham, Gujarat

  • Products manufactured: Multilayer PCBs, single and double-sided PCBs

  • Segments covered: Automotive, industrial, telecommunications and other peripheral sectors

Contact details: Ph: 91-2836-240872, [email protected], [email protected], [email protected], www.genuselectrotech.co.in

Rank 3

Shogini Technoarts Pvt Ltd

Satish Athavale, MD
Satish Athavale, MD

Annual revenue (FY 2012-13): Rs 1127 million

Satish Athavale, MD

Shogini Technoarts is an ISO 9001-2008 certified and UL approved PCB manufacturing company. It produces professional grade PCBs at its plant in Pune, which is spread over 32,000 sq m. A separate plant with a floor area of 6000 sq m is being constructed for quick turnaround prototypes, as well as single-sided and metal-clad PCBs. With state-of-the-art technology, the company produces PCBs ranging from single-sided variants to those with eight layers. It has an annual production capacity of 200,000 sq m. It also makes metal-clad PCBs for lighting and automotive applications.

  • Year of establishment in India: 1979

  • Headquarters: Pune, Maharashtra

  • Manufacturing facility: Khed-Shivapur, Pune

  • Products manufactured: Single-sided PCBs, double-sided PTH PCBs, multilayer PCBs up to eight layers (both RoHS and non-RoHS compliant), metal clad PCBs, etc

  • Segments covered: Automotive, power electronics, telecommunications, industrial electronics, computer peripherals and LED lighting

Contact details: Ph: 09822002395, [email protected], www.shogini.com

Rank 4

Ascent Circuits Pvt Ltd

P Manjunath, MD
P Manjunath, MD

Annual revenue (FY 2012-13): Rs 1040 million

P Manjunath, MD

Ascent Circuits manufactures PCBs and has an annual capacity of over 500,000 sq m for single-sided PCBs and over 200,000 sq m for double-sided/multi-layer PCBs. The company has a state-of-the-art reverse pulse plating line at its plant. This ensures high reliability in PTH, especially for high-end applications. It exports more than 45 per cent of its current production to USA, Europe and Israel.

  • Year of establishment in India: 1990

  • Headquarters: Hosur, Tamil Nadu

  • Manufacturing facility: Hosur, Tamil Nadu

  • Products manufactured: Single-sided, double-sided and multi-layer PCBs

  • Segments covered: Industrial power control, telecom, automobiles, lighting, microwave and RF applications

Contact details: Ph: +91-04344 -271123/271124/271125/271126/271127/271129, [email protected], www.ascentcircuits.com

Rank 5

Epitome Components Ltd

Anuraag Dhoot, CEO
Anuraag Dhoot, CEO

Annual revenue (FY 2012-13): Rs 935.39 million

Annual revenue (FY 2013-14): Rs 1017.40 million

Anuraag Dhoot, CEO

Epitome Components commenced production of single-sided PCBs with an initial capacity of 15,000 sq m/month. Its current capacity of single-sided PCBs stands at 100,000 sq m/month; double-sided and multi-layer and RF PCBs 10,000 and 5000 sq m/month.

  • Year of establishment in India: 1997

  • Headquarters: Ahmednagar, Maharashtra

  • Manufacturing facilities: Two units in Ahmednagar and one in SUPA MIDC

  • Segments covered: Automotive, power, consumer, defence, telecom, lighting, etc.

Contact details: Ph: 91-2488-243136, 91-241-277781, [email protected], www.epitomeindia.com

Rank 6

CIPSA-TEC India Pvt Ltd

Alok Garg, MD
Alok Garg, MD

Annual revenue (FY 2012-13): Rs 574.80 million

Alok Garg, MD

CIPSA-TEC (formerly CIPSA-RIC India Pvt Ltd) has its manufacturing facility in Karnataka which is spread over 61,500 sq m. It is backed by partners from Spain and Italy for continuous technology upgradation. Its current capacity stands as 15,000 sq m/ month.

  • Year of establishment in India: 1987

  • Headquarters: Tumkur, Karnataka

  • Manufacturing facility: Tumkur, Karnataka

  • Products manufactured: Double-layered, multi-layered and metal-clad PCBs

  • Segments covered: Automotive, energy, industrial, telecommunications and other peripheral sectors

Contact details: Ph: 0816-2243400, [email protected], www.cipsatec.com

Rank 7

Meena Circuits Pvt Ltd

Annual revenue (FY 2012-13): Rs 400.31 million

BH Patel, chairman
BH Patel, chairman

Meena Circuits is backed by a 100 per cent technology tie-up with Amitron Corporation, USA. It uses the latest technology, equipment and ultra modern processes to deliver the best quality of PCBs. It uses dynamotion five spindle machines for medium to high volume production.

  • Year of establishment in India: 2005

  • Headquarters: Vadodara, Gujarat

  • Manufacturing facility: Vadodara, Gujarat

  • Products manufactured: Multi-layer PCBs up to 16 layers

  • Segments covered: Telecom, automotive, computer peripherals, consumer

Contact details: Ph: +91-2667-251791/251792/251793/251794, [email protected], www.meenacircuits.com

Rank 8

Circuit Systems India Ltd/PCB Power

Paresh Vasani, MD
Paresh Vasani, MD

Annual revenue (FY 2012-13): Rs 263.62 million

Paresh Vasani, MD

PCB Power/CSIL is not only a manufacturer but a total solutions provider, offering technological consultation, design assistance, R&D requirements and tailor-made services for PCBs. With a capacity of 100 orders/day, it focuses on the high-mix medium volume business.

  • Year of establishment in India: 1996

  • Headquarters: Gandhinagar, Gujarat

  • Manufacturing facility: Gandhinagar, Gujarat

  • Products manufactured: PCBs up to 24 layers, ML with blind buried vias, ML with impedance control and metal-clad PCBs

  • Segments covered: Automotive, EMS, instrumentation, medical

Contact details: Ph: 07923287086-88, [email protected]; www.pcbpower.com

Rank 9

Fine-Line Circuits Ltd

Abhay B Doshi, MD
Abhay B Doshi, MD

Annual revenue (FY 2012-13): Rs 253.17 million

Abhay B Doshi, MD

Fine-Line Circuits manufactures PCBs from single-sided to the 16-layered varieties. With 100 per cent of its capacity exported to USA, UK, Germany, Switzerland, the Netherlands and Singapore, the company is UL E146621 A, ISO 900 1:2008 and TUV # 04 100 057048-E3 certified.

  • Year of establishment in India: 1991

  • Headquarters: Mumbai, Maharashtra

  • Manufacturing facility: Mumbai, Maharashtra

  • Products manufactured: Single and multi-layered PCBs

Contact details: Ph: +91 22 28290244, [email protected], www.finelineindia.com

Rank 10

Micropack Ltd

Sreekar Reddy, CEO
Sreekar Reddy, CEO

Annual revenue (FY 2012-13): Rs 244.38 million

Sreekar Reddy, CEO

Micropack provides complete bare PCB solutions with a varied product range covering rigid multi-layered PCBs. It has a production capacity of 30,000 sq m/annum and manufactures more than 500 designs a month. Its state-of-the-art manufacturing facility is spread over an area of 5000 sq m.

  • Year of establishment in India: 1984

  • Headquarters: Hyderabad, Andhra Pradesh

  • Manufacturing facility: Jigani, Bengaluru

  • Products manufactured: Rigid multi-layered, hybrid PCBs, metal core and thermal clad PCBs, etc.

  • Segments covered: Defence, space, avionics, industrial electronics

Contact details: Ph: 91-80-27825223/27825224, [email protected], www.micro-pack.com

Rank 11

Vintek Circuits (India) Pvt Ltd

Vinit Lal, director
Vinit Lal, director

Annual revenue (FY 2012-13): Rs 232.47 million

Vinit Lal, director

Vintek has two manufacturing plants with a covered area of 3716.1 sqm producing single-sided PCBs in huge volumes. Its machinery has been imported from reputed manufacturers in Taiwan and China. It has in-house CAD and CAM facilities to give technical support and provide engineering solutions. It has been manufacturing metal core PCBs for LED products for two years now.

  • Year of establishment in India: 1990

  • Headquarters: New Delhi

  • Manufacturing facilities: Two plants at Manesar

  • Products manufactured: Single-sided, tooled and CNC drilled metal core PCBs

Contact details: Ph: 0124-4367770/71 72, [email protected], [email protected]

Rank 12

Garg Electronics Pvt Ltd

Rajneesh Garg, chairman
Rajneesh Garg, chairman

Annual revenue (FY 2012-13): Rs 190.13 million

Rajneesh Garg, chairman

Garg Electronics has three PCB manufacturing plants with production capacity at its Panchkula unit amounting to 200,000 sq m/annum and its Baddi and Barwala units producing 60,000 and 20,000 sq m per annum, respectively. The company is ISO 9000-2008 approved. It also has CACT and UL approval.

  • Year of establishment in India: 2001

  • Headquarters: Panchkula

  • Manufacturing facilities: Panchkula, Baddi and Barwala

  • Products manufactured: Single-sided, double-sided, multi-layer, metal-clad, carbon-coated and LED PCBs

  • Segments covered: Telecommunications, consumer, lighting, etc.

Contact details: Ph: 91-172-2591449, [email protected], [email protected], www.gargelectronics.com

Rank 13

Akasaka Electronics Ltd

Gulu Mirchandani, chairman
Gulu Mirchandani, chairman

Annual revenue (FY 2012-13): Rs 175.69 million

Gulu Mirchandani, chairman

Akasaka Electronics is a subsidiary of Mirc Electronics Ltd. Akasaka manufactures single-sided PCBs. With process technology from Japan, it delivers superior quality PCBs with a technical and commercial edge. Its annual capacity has been upgraded to 1 million sq m/annum. It also plans to set up facilities for the manufacture of double-sided and multi-layered PCBs for ‘new technology’ products.

  • Year of establishment in India: 1987

  • Headquarters: Navi Mumbai, Maharashtra

  • Manufacturing facility: Navi Mumbai, Maharashtra

  • Products manufactured: Single-sided PCBs

Contact details: Ph: +91-22-2761-7371/7373/2322/3126, [email protected], www.akasakapcb.com

Rank 14

BLG Electronics Ltd

Annual revenue (FY 2012-13): Rs 174.10 million

Rohit Raisurana, director

The company manufactures and exports single sided, double sided and multi-layered PCBs with surface finishes that include HASl, gold plating, nickel plating and peelable masks. It is among the major PCB players in the market and is located at Gandhinagar, Ahmedabad, in Gujarat.

  • Year of establishment in India: 1988

  • Headquarters: Gandhinagar

  • Manufacturing facility: Gandhinagar

  • Products manufactured: Single, double and multi-layered PCBs

  • Segments covered: Automotive, industrial, medical, etc

Contact details: Ph: + 91-79-3224479, 3224481, [email protected], www.blgpcb.com

Rank 15

Sulakshana Circuits Ltd 

Krishna Rao, chairman
Krishna Rao, chairman

Annual revenue (FY 2012-13): Rs 141.34 million

Krishna Rao, chairman

Sulakshana Circuits was established in technical collaboration with Lazer-Tech (Canada). It manufactures double-sided and multi-layer PCBs, and produces high-quality PCBs in medium to high volumes. Spread over 5 acres of land, it utilises high-quality imported materials and modern manufacturing processes, to produce boards of the highest quality at competitive prices.

  • Year of establishment in India: 1988

  • Headquarters and manufacturing facility: Hyderabad, Andhra Pradesh

  • Segments covered: Automotive, instrumentation and control, railways, telecommunications, medical, aerospace, defence, consumer and contract electronics

Contact details: Ph: +91-40-3242-0340, [email protected], www.sclpcb.com

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