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India's Sahasra strengthens European presence with metering, supply chain partnerships

Prasanth Aby Thomas, DIGITIMES, Bangalore 0

Credit: Sahasra

Sahasra Electronic Solutions Limited (SESL), part of the India-based Sahasra Group of Companies, has announced two strategic developments aimed at expanding its international footprint in the electronics manufacturing services (EMS) industry, including a new metering product launch and a formalized supply chain partnership in Europe.

In one milestone, SESL has commenced production of the first electricity meter developed through a European and Indian collaboration at its EMS facility in India. The product, created in partnership with Inepro Metering, an OEM headquartered in the Netherlands, marks a significant step forward in the company's relationship that has spanned more than two decades.

Inepro Metering, which has over 32 years of experience in the global metering market, specializes in providing premium quality metering solutions. According to SESL, the partnership is aligned with its strategy to support Inepro Metering's global ambitions by leveraging SESL's world-class manufacturing capabilities.

The company stated that this milestone fits within its broader plan to strengthen its global presence, which currently includes operations in India, the United States, Europe, Rwanda, and the United Kingdom.

In a separate announcement, SESL confirmed that it has entered into a manufacturing and supply chain agreement with Solid State Supplies Limited (Solsta), a UK-based firm that is part of Solid State Group PLC.

The collaboration aims to enhance global supply chain capabilities within the electronics industry. According to the companies, the multi-year contract is expected to strengthen SESL's presence in the UK market and assist Solsta in expanding its footprint in India.

SESL noted that the visit underlined the strategic significance of the partnership at the highest levels of Solid State Group's leadership.

Speaking to Digitimes Asia, Varun Manwani, CEO of Sahasra, said that the Inepro Energy Meter order reflects the company's strength in delivering high-quality, "Make in India" solutions at global standards.

"At the same time, our new contract with Solsta opens doors to exciting possibilities, with an eye to increasing footprint in the UK," Manwani added. "Together, these milestones underscore India's rise as a global manufacturing hub and our commitment to creating long-term value while driving the vision of Atmanirbhar Bharat."

The companies said that the collaboration is supported by the India–UK Free Trade Agreement (FTA), which is expected to enable both firms to play a pivotal role in promoting bilateral trade. The partnership would contribute significantly to the development of the electronics sector across both regions, according to SESL.

Enhanced role in global supply chain

Sahasra's recent activities reflect a broader initiative by the company to expand its international collaborations and enhance its role in global electronics supply chains. With the production of a co-developed metering solution for Inepro and the formalized partnership with Solsta, SESL continues to pursue its objective of increasing its manufacturing reach and capabilities in key global markets.

Both announcements underscore SESL's strategy of deepening ties with longstanding partners while entering new markets through formalized agreements. The company emphasized its commitment to innovation and global collaboration through these initiatives.

These developments come as part of a broader series of steps by Sahasra Electronic Solutions Limited to build on existing relationships, tap into new markets, and leverage manufacturing capabilities to support international partners. With active operations now spanning multiple continents, SESL stated that it is focused on providing reliable, high-quality solutions for global customers.

India's EMS journey

India is expected to become an electronics manufacturing powerhouse over the next decade, driven by rising domestic demand and improving export competitiveness.

According to EY, domestic electronics production nearly doubled between FY17 and FY22 and is projected to grow at a compound annual growth rate (CAGR) of 24 percent between FY22 and FY27.

A key pillar of this growth is the EMS sector, which includes design, manufacturing, testing, distribution, and servicing of electronic components and assemblies for original equipment manufacturers (OEMs).

Article edited by Jack Wu