4 Hidden Gems That Supply Components to Global Brands Like Samsung, LG and More

Synopsis: While consumers recognize global brands such as Samsung, LG, Motorola, Daikin and Panasonic, the companies manufacturing critical components and assembling many of these products often remain behind the scenes. These Indian companies have become indispensable partners to some of the world’s largest brands through their engineering expertise, manufacturing scale and long-term customer relationships.

Global electronics and engineering brands increasingly rely on contract manufacturers and specialized component suppliers to improve efficiency, reduce costs and localize production. India’s emergence as a global manufacturing hub, supported by Production Linked Incentive (PLI) schemes and the China+1 strategy, has accelerated this trend.

Several listed Indian companies now manufacture products and critical components that eventually reach consumers under globally recognized brands. Here are four companies quietly powering the global manufacturing ecosystem.

1. Amber Enterprises India

With a market capitalization of approximately Rs. 26,397 crore, the shares of Amber Enterprises India were trading at around Rs. 7,485, up by subtle 0.965 percent during the session.

Amber Enterprises has evolved into India’s largest room air-conditioner contract manufacturer, supplying complete air conditioners and critical components to leading brands including LG, Samsung, Daikin, Panasonic, Hitachi, Voltas, Blue Star, Whirlpool, Haier and Carrier. The company has also expanded aggressively into electronics manufacturing through acquisitions and strategic partnerships.

Recently, Amber strengthened its electronics manufacturing business through a collaboration with Oppo Mobiles India to manufacture smartphones for brands such as Oppo, OnePlus and Realme, while continuing to expand its printed circuit board (PCB) and precision electronics capabilities.

Today, Amber operates more than 30 manufacturing facilities across India and has transformed itself from an air-conditioner OEM into a diversified electronics manufacturing services (EMS) player, making it one of the biggest beneficiaries of India’s manufacturing shift.

2. Dixon Technologies (India)

With a market capitalization of approximately Rs. 75,990.89 crore, the shares of Dixon Technologies were trading at around Rs. 12,440 per share, up by 0.541 percent during the session.

Dixon Technologies is India’s largest electronics manufacturing services (EMS) company, manufacturing products for several global and domestic brands including Samsung, Motorola, Xiaomi, Philips, Panasonic, Lenovo, Acer, TCL, Nokia and boAt.

The company manufactures smartphones, televisions, washing machines, LED lighting products, wearables, security devices, laptops and telecom equipment through its extensive manufacturing ecosystem.

Supported by the government’s PLI schemes and increasing outsourcing by multinational companies, Dixon has emerged as one of India’s most important electronics manufacturing partners, with millions of products rolling out of its factories every year under globally recognized brands.

3. Astra Microwave Products

With a market capitalization of approximately Rs. 17,612.3 crore, the shares of Astra Microwave Products were trading at around Rs. 1,855 per share, up by 3.33 percent during the session.

Unlike consumer-facing companies, Astra Microwave manufactures highly specialized RF and microwave components used in defence electronics, radar systems, satellite communication, missile guidance systems and aerospace applications.

The company supplies sophisticated subsystems and components to organizations such as ISRO, DRDO, Bharat Electronics, Hindustan Aeronautics, while also serving international aerospace and defence OEMs that require mission-critical, high-reliability electronic components.

Given the stringent qualification requirements and technological complexity involved, only a limited number of companies globally possess the capability to manufacture such advanced microwave systems, creating significant entry barriers.

4. Syrma SGS Technology

With a market capitalization of approximately Rs. 26,591.32 crore, the shares of Syrma SGS Technology were trading at around Rs. 1,379 per share, down by 1.38 percent during the session.

Syrma SGS Technology is one of India’s fastest-growing EMS companies, providing electronic manufacturing services and precision components to multinational customers across industrial automation, healthcare, automotive, consumer electronics, IT and data communication sectors.

The company manufactures printed circuit board assemblies (PCBAs), RFID products, memory modules, magnetic components, power adapters and other high-value electronic assemblies that eventually become part of products sold by leading global brands.

As companies diversify their manufacturing supply chains beyond China, Syrma continues to benefit from rising export opportunities, increasing localization and strong demand for electronics manufacturing services across multiple industries.

Why These Companies Matter

India’s electronics manufacturing industry has grown rapidly over the last few years, supported by government incentives, rising domestic demand and global companies adopting the China+1 strategy. The country’s electronics production has already crossed Rs. 11 lakh crore annually, while exports of smartphones and electronic products continue to reach record levels.

Contract manufacturers and component suppliers have become an integral part of this ecosystem, enabling global brands to scale production without owning manufacturing facilities. As multinational companies continue to localize sourcing and diversify supply chains, Indian EMS and specialized engineering companies are expected to play an increasingly important role in the global manufacturing landscape.

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