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| Formerly | Solectron Centum Electronics |
|---|---|
| Company type | Public |
| ISIN | INE320B01020 |
| Industry | |
| Founded | 8 January 1993; 32 years ago (1993-01-08) inBangalore |
| Founder | Apparao Venkata Mallavarapu |
| Headquarters | 44, KHB Industrial Area,Yelahanka Newtown, Bangalore,Karnataka ,India[1] |
Areas served |
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Key people |
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| Revenue |  ₹428.38 crore (US$51 million) (FY21) |
| ₹33.12 crore (US$3.9 million) (FY21) | |
| ₹23.97 crore (US$2.8 million) (FY21) | |
| Total assets | ₹534.29 crore (US$63 million) (FY21) |
| Total equity |  ₹254.67 crore (US$30 million) (FY21) |
| Owners |
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Number of employees | 1,800[4] (FY21) |
| Subsidiaries |
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| Website | www |
Centum Electronics Limited is an Indianelectronics system design and manufacturing company. The company producessubsystems andmicroelectronics, and providessystem integration services.[5] The company was incorporated in January 1993 and is headquartered inBangalore,Karnataka. Centum has a presence in 6 countries. It has manufacturing facilities, design, and sales and support teams in India, Canada, and France, a design team in Belgium, and sales and support teams in the United Kingdom and the United States.[6] The company's British subsidiary, Centum Electronics UK Ltd., services all European customers except those in France.[7]
Centum Electronics has multiple manufacturing facilities in Bangalore. The company opened its fourth Indian manufacturing facility at the Aerospace Park inDevanahalli, near Bangalore on 15 February 2017.[8][9] Centum is one of the largest contractors to theIndian Space Research Organisation (ISRO) and supplies over 50 different varieties of components forsatellites andlaunch vehicles.[10] Centum opened a new space facility inYelahanka, Bangalore to support ISRO missions in September 2019.[11][12]
Solectron Centum Electronics was founded on 8 January 1993 in Bangalore, Karnataka by Apparao Venkata Mallavarapu.[5][13] The company was publicly listed on theBombay Stock Exchange and theNational Stock Exchange in 1994.[14] Centum Electronics demerged itselectronics manufacturing services division into Solectron EMS India Ltd in November 2006.[15] The company changed its name to Centum Electronics in January 2013.[16]
Centum acquired a 51% controlling stake in French company Adetel Group for an undisclosed amount in June 2016.[17] In April 2018, Centum signed an agreement to sell its 51% stake in Centum Rakon India Pvt. Ltd., a joint venture with New Zealand companyRakon, to Rakon for US$5.5 million.[18] Centum stated that it did not regard Centum Rakon, which primarily operated in the telecommunications industry, as "core to its strategy".[19] The company increased its stake in Adetel Group to 64.66% in December 2020.[20]
The company was awarded theDefence Research and Development Organisation's Defence Technology Absorption Award by Defence MinisterRajnath Singh in January 2021 for its work on theEMISAT.[21] In March 2021, Kalyani Rafael Advanced Systems CEO Rudra Jadeja stated that Centum Electronics was among the companies that contributed to the manufacture ofSpice 2000 bombs including those used in the2019 Balakot airstrike.[22]
Centum Electronics has been a partner of the non-profitAkshaya Patra Foundation since the 2000s. Between 2010 and 2020, Centum stated that it had sponsored meals for 360,000 school children at public and Government-aided schools in Bangalore.[23]
An agreement has been signed by Nibe Space, a division of Nibe Defence and Aerospace on 9 September 2024, with Centum Electronics,Skyroot Aerospace,AgniKul Cosmos, SpaceFields, Sisir Radar, CYRAN AI Solutions, andLarsen & Toubro for the launch of India's first constellation of multi-sensor, all-weather, high-revisit Earth observation satellites.[24]