Syrma SGS Acquires 60% Stake In Elcome Integrated Systems, Marking Entry Into Defence And Maritime Sector
Syrma SGS Technology has entered into a definitive agreement to acquire a 60% stake in Elcome Integrated Systems for approximately USD 26 million, marking its strategic foray into the Defence and Maritime business. The company highlighted that the deal strengthens its capabilities in advanced electronics and positions it to serve critical national sectors with enhanced expertise and scale