Infopower Technologies Limited, (IPTL), is one of the member companies of India headquartered Sahasra Group. Infopower Technologies Limited commenced operations in the year 1991 and since then has changed hands several times before being 100% acquired by Sahasra in 2010. Sahasra acquired Infopower to cater to the domestic market demand in India which has been growing rapidly since the year 2000 when the electronics manufacturing market started to open in India. Post-acquisition Infopower has the distinction of being the only company in India manufacturing Printed Circuit boards or PCB’s as well as providing Electronic Manufacturing Services or EMS under one roof.
In August of 2017 MiTAC Holdings Corporation (MHC, TWSE: 3706) a member of the MiTAC-Synnex Corporation, one of Taiwan’s top business conglomerates with a group Revenue of US$34BN, and Infopower Technologies Ltd. (Infopower) announced a definitive agreement in which MHC invested in Infopower becoming one of its largest shareholders. MiTAC group made the strategic investment in Infopower as MHC is expanding its electronics manufacturing aiming to gain a foothold in the Indian market which endorses India’s move to an electronics manufacturing hub at the same time endorses Infopower’s presence in the Indian electronics manufacturing segment.