SYSKA Group (India), in partnership with Biometronic Pte. Ltd. (Singapore) and Suyin Optronics, Corp. (Taiwan), will set up India’s first camera module factory.
The factory will be setup in Noida with the total investment of $30 million (approximately INR 200 crores) for this project which will be utilized in three phases. The camera module factory has been set up for empowering the growing demands 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 percent stake in the company whereas Biometronic has 41 percent stake and Suyin Optronics has 10 percent stake in the new entity.