Syscom Corporation Limited, a subsidiary of
Sagem Orga, one of the leading players in the global SIM & smart card
business, announced significant investment over the next two years in
India. The strategic announcement came on the heels of the inauguration
of Asia’s largest smart card manufacturing facility located in Noida SEZ
to support the growing demand for mobile handsets and network
infrastructure especially in India and the Asia Pacific region.
Set up in 1996, Syscom continues to be the leader in the SIM card
business in India, as it has been since the beginning of mobile
telephony in India. The company enjoys a staggering market share of 40
to 45% in India, with major clientele including telecom operators like
Vodafone, Bharti, Idea, Reliance, BSNL and others.
Present on the occasion, Patrick Samier, CEO of Sagem-Orga said “With
the Indian telecom industry passing through transformational times, and
the mobile telecommunication subscriber base growing at the rate of 65
to 70% per annum, it is indeed an exciting time to be in India. With the
addition of new telecom players after the recent release of new telecom
licences, the industry is all set for faster expansion, thereby
providing further growth opportunities for us in India”.
The smart card manufacturing facility spread over 8,000 sqm of land area
in the progressive NSEZ, Noida, (Uttar Pradesh) is the largest and first
of its kind in Asia Additionally, the new facility will enhance the
overall production capacity of Syscom the market leader in SIM cards to
200 million cards per annum. Apart from catering to the needs of Indian
customers the facility will also serve to global customers of the Sagem
Orga Group covering South-east Asia, the Middle East and Africa.
“Syscom plans to further consolidate its position, and intends to invest
to retain market leadership in India, and what better way of
demonstrating our commitment than ensuring that the rapidly growing
demands of the local market can be met from an in-country production
site”, said Sanjeev Shriya, Managing Director, Syscom Corporation
Limited, and VP Asia-Pacific of Sagem-Orga. “The SIM card market is
dynamic and besides the volumes, SIM card capacity and capabilities are
also increasing. The manufacturing plant in India will produce full
range of SIM cards including up to 256 KB capacity. In 2008 alone, we
expect the Indian market to require approximately 250 million SIM cards
and by 2010 the demand is expected to touch 500 million”, he added.
About Syscom Corporation Limited:
Established in 1996, Syscom Corporation Ltd. is the market leader in the
supply of SIM cards and SIM related solutions since the penetration of
mobile phones in the Indian market. This company offers innovative,
tailor made system solutions on SIM card technology. Syscom serves all
of the top regional mobile operators; the list of customers includes
Vodafone, Bharti, Idea Cellular, Reliance, BSNL, Dishnet, Grameen, and
Hutch Sri Lanka among others. The company is a subsidiary of the global
SIM & smart card group Sagem Orga, which itself is a part of the
international SAFRAN high-tech group.