CIPSA India, which was formed last year by two Indian Entrepreneurs - Mr. Anil Gupta and Mr. Alok Garg - along with CIPSA Spain, has announced growth plans to forge ahead as one of the leading PCB manufacturers globally. With increased acceptability by the markets abroad, CIPSA is expanding its operations twofold. Having achieved a turnover of US $10 million in the very first year of operation with positive bottom line, this young company is aiming to touch US $20 million by March 2008.

CIPSA India is investing US $10million for expanding its production capacity by four times to 40,000 square meters per month. The third plant will be ready for operation near Bangalore by March 2008.

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