Aimtron Electronics Eyes USD 25-30 Million Boost from ICS Acquisition

• Aimtron Electronics expects an additional USD 25-30 million (Rs 230-275 crore) in annual revenue from its acquisition of US-based ICS.
• The acquisition aims to diversify operations and mitigate risks from tariffs and geopolitical uncertainties.
• ICS, acquired for less than Rs 75 crore (USD 8 million), provides Aimtron with a US base, experienced team, and a facility in Decatur, Illinois.
• Aimtron plans to scale ICS's current USD 16.9 million revenue to USD 25-30 million annually within three years through capacity expansion and OEM engagements.
• The acquisition is part of Aimtron's 'Glocal' strategy, combining US engineering with Indian manufacturing, targeting Rs 1,000 crore revenue in three years.

Why It Matters: Aimtron Electronics' acquisition of ICS is set to significantly boost revenue and global market presence.