The global pandemic may have slowed Syrma’s plans, but the manufacturer has seen steady growth after re-starting its operations from July last year. The Rs 75-crore investment committed through an MoU with the TN government at the Global Investors Meet is being fulfilled, said its CEO, Sreeram Srinivasan.
Syrma SGS Technology announced its increased capacity to manufacture medical-grade power supplies and other life-saving equipment. The need for well-equipped medical facilities is expanding globally due to an increase in chronic and infectious diseases, like COVID-19, along with a growing elderly population.