Simmtronics Semiconductors Ltd. India’s Leading IT – Telecom Manufacturer Under Threat

 

Is Simintronics under a Takeover Bid ? Do Bank Managers ruin Companies ??

Simmtronics Semiconductors  Ltd , a 29-year-old Technology Company founded by Mr. Indrajit Sabharwal which ruled over the Indian tech scenario has been under stress for the past few years. As per our research, this stress has been caused intentionally by Chinese Smartphone companies fuelled by certain Bank officials of the few Indian Banks or could this be a Competition foul play ???

Simmtronics growth was Steady over years and one of the Most  Respected companies in India and many countries. Simmtronics had RD and manufacturing facilities in India and were manufacturing IT Components — Memory Upgrades, Motherooards, Smartphones and Tablets. Covered by the leading Newspapers globally and various awards from various agencies, magazines and tecnnology houses in India. Ranked as India No.1 Tablet PC and Memory company. Simmtronics was the manufacturing arm for many companies in India and globally including Micromax and others in India. Simmtronics was a True "Make in India" mover and the first in the technology space.

Its important to note that Simmtronics was the 1st Company in India to manufacture Components and also smartphones and tablets. Smartphones and Tablets were manufactured by Simmtronics in their plants in India in 2010. There were no Chinese companies in India at this stage Simmtronics was known and acknowledged for its quality and support.

However, due to unknown motives by external players, Simmtronics Semiconductors Ltd — a true Indian manufacturer was pushed into situations that were beyond their control. It's worth noting that Simmtronics situation of Manufacturing in India was the first and the stress caused to Simmtronics gave rise and opened the doors to Chinese companies to enter India. Indian Brands — Micromax, Karbonn, Intex, Lava — a few of them who worked closely with SImmtronics have to literally face the onslaught of Chinese mobile companies and could not survive.

Were the Chinese Companies responsible for Simmtronics or was it Indian Ban ks? However it's quite certain that a Company of that History and reputation globally could only have failed due la foul play by external agencies.Mr. Indrajit Sabharwal the Founder Chairman of Simmtronics was the Blue-eyed boy of the India Technology scenario Who has been a Chief Guest at various technology functions in India and overseas We have tried to contact Mr. Indrajit Sabharwal the Founder Chairman of Simmtronics but he is unavailable for comments.