Syska Group to set up a camera module factory
SYSKA Group (India), in partnership with Biometronic Pte. (Singapore) and Suyin Optronics, (Taiwan), will set up a camera module factory. The factory will be set up in Noida with a total investment of $30 million (approx. Rs.200 crore) for this project, which will be utilized in three phases. The camera module factory will meet the growing demand of localizing and manufacturing of electronic components.
Suyin Optronics will manufacture camera modules for mobile phones, automotive industry (Rear view camera), medical, security industry (CCTV) and defense industry (Drones). The factory will have a clean room for an installed production capacity of 5 million pieces per month and an expansion plan to set up the first COB (chip-on-board) plant for image sensors with an installed capacity of 10 million pieces per month. A Center of Excellence (COE) will also be set up to enable indigenous design and development capability which will constitute a collaborative effort with the industry to develop solutions for optical, mechanical and sensor packaging throughputs.
With the aim to support Indian Government’s initiative of Make in India, this is for the first time that a camera module factory is being set up in India by a global player. Interestingly, the government has recently given a nod to legalize drones in India and this gives Suyin Optronics an added advantage to manufacture drone cameras in India. Syska Group has 49% stake in the company, whereas Biometronic has 41% stake and Suyin Optronics 10% stake in the new entity.
Rajesh Uttamchandani, Director, Syska Group, says, “We are excited to announce our strategic partnership with Suyin Optronics and Biometronic to become the pioneers of camera modules in India. With the use of latest technology, innovation and state-of-the-art facility, we will process the manufacturing of camera modules in a phased manner. Additionally, we have always been supportive of government’s initiative of Make in India and setting up a factory in India will help us in contributing towards this initiative and also aid in generating employment opportunities.”
Gary Lee, Chairman of Suyin Optronics, (Taiwan), says, “We are pleased to announce our manufacturing facility with our strategic partners. India’s economic growth of 7.4%, its domestic consumer electronic demands and the government’s encouragement of foreign companies to localize production has provided to us an opportune moment to establish a sound manufacturing base that will be self-sufficient through technology development and research.”
According to Prabhu Sridharan, Promoter & Managing Director of Biometronic Pte. (Singapore), “Bringing together the right technology, the perfect partnerships and building a sustainable ecosystem will only enhance the Make-in-India program. It gives us an immense pleasure to introduce this highly sophisticated manufacturing facility which will include image sensor packaging and finished camera modules.”