The story behind the company’s inception
Before establishing Allnyx Technologies, Ashvin Navadia, co-founder and CEO of the company, worked in distinguished positions at various wellknown electronics firms. During this period, he found that the electronics industry in India was at a nascent stage and that there were immense opportunities for growth.
“Having gained vast experience on different fronts, I felt compelled to do something on my own and that is how, Parul Patel, an investor well-established in the chemicals domain, joined me in setting up an electronics manufacturing plant in Vadodara,” says Navadia. “Other factors that encouraged us to get into this field were the fast growth of the outsourcing of manufacturing activities and the worldwide boom in the electronics market,” he adds.