India’s SMT equipment market has the potential to grow even if only a single vertical contributes to its demand. However, looking at the current business scenario, industry experts feel the immediate driver of the Indian SMT industry will be the LED vertical, besides telecommunications, automobiles and consumer electronics.
Electronics Bazaar has attempted to rank the SMT companies operating in India, based on their revenue for FY 2011-12. Some players could not be included in the ranking, as they were unable to provide the revenue figures earned from their India operations.
The revenues of the top 10 companies clearly show that despite the potential, the SMT business is not too encouraging. And presently, with less of manufacturing happening in India and the number of SMT vendors increasing in India, the limited business is getting divided between a growing number of distributors. However, with each vendor offering reputed brands, all have their own unique selling propositions.
Top 10 Players in India
Rank Company Name
1 NMTronics India Pvt Ltd
2 Maxim SMT Technologies Pvt Ltd
3 Leaptech Corporation
4 TransTechnology India Pvt Ltd
5 iNETest Technologies India Pvt Ltd
6 Prosem Technology India Pvt Ltd
7 Bergen Associates Pvt Ltd
8 Bergen Systems Pvt Ltd
9 EMST Marketing Pvt Ltd
10 Accurex Solutions Pvt Ltd
Major Brands with Branch Offices In India(in alphabetical order)
Brand Company Name
ASMT ASM Pacific Technology Ltd
ASYS Asys Group
Essemtec Essemtec AG
Juki Juki Corporation
Nordson Nordson Asymtek
OK International OK International
Omron Omron Asia Pacific Pte Ltd
Panasonic Panasonic Corporation
Samsung Samsung C&T Corporation
Vi Technology Vi Technology
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