November - 2015 - Special issue > 20 Most Promising Engineering Services Companies

Sahasra Electronics: The Germany of the East

si Team
Monday, December 14, 2015
si Team
The excitement in the electronics market in India touched sky recently when the Indian government announced 'Make in India' initiative. It seems that the world has jumped into the bandwagon to mint benefit across various sectors surrounding the electronic industry. Be it product or services, companies are planning to set their foot firmly in the market. But while most of them still have their plans on paper, Sahasra Electronics, through its array of services focused both on international and domestic market, has its right to claim to the throne.

Founded in 2000, the company began its journey serving the U.S. market with a clear focus on providing electronic assembling services for low to medium volumes. This helped the company catch eyes from around the world and eventually, Sahasra added PCB (Printed Circuit Board) manufacturing as one of its units. Today, the transformed company is largely about electronic products and services.

The India Story

When Ministry of IT and Communications in their survey found that the market for electronic goods and services would increase from a current level of $100 billion to $400 billion by 2020, Sahasra diverted its attention towards Indian market with the whole purpose to enable India to stand tall in the electronic market not as a consumer but as a manufacturer. "The demand of electronic products would increase very rapidly, and unless we start manufacturing electronic products, particularly hardware, there will be a major trade imbalance due to electronic imports. There is clearly a huge potential for electronic manufacturing in the country which will enable the electronic manufacturers to compete globally," says Amrit Manwani, Chairman & Managing Director, Sahasra Electronics. Today, Sahasra is strongly positioned as a provider of electronic products and services ranging from basic component level (PCB) to electronic manufacturing services (assembling PCB for various industries including automotive, defense electronics, telecommunications, consumer electronics and industrial electronics) and tapping in the big time opportunity to offer services to Indian market to eliminate any further jaw dropping economic imbalance.

The Diversified Approach

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