Syska Group inks JV with two foreign cos to start camera module factory
NEW DELHI: Syska Group has formed a joint venture with Taiwanese component manufacturer Suyin Optronics and Singapore’s Biometronic to start India’s first camera module factory at an investment of Rs 200 crore to be implemented in a phased manner.
Syska Group has 49% stake in the company while Biometronic has 41% and Suyin Optronics has 10% in the new entity.
The new company expects Rs 1,800-1,900-crore revenue by the end of three years, and has already signed up Chinese and do ..