18 2月 A New Dawn – Greatech Mechatronics (M) Sdn Bhd
It is with great excitement that Greatech Technology Berhad has incorporated a wholly owned subsidiary, namely Greatech Mechatronics (M) Sdn Bhd.
Greatech Mechatronics is dedicated to serving as a contract manufacturer for clients across a diverse range of industries. The contract manufacturing market is projected to grow significantly, with an estimated size of USD0.74 trillion in 2025 and expected to reach USD1.12 trillion by 2030, reflecting a compound annual growth rate of 8.7% during the forecast period 2025-2030 (Source: Mordor Intelligence website). The prospects of contract manufacturing are promising as companies in various sectors continue to outsource manufacturing to reduce costs, improve operational flexibility, and focus on their core competencies. This trend is anticipated to expand as businesses seek cost-effective solutions to meet consumer demand while maintaining high quality standards.
The establishment of Greatech Mechatronics represents more than just the opening of a new facility, it marks a significant step in our journey towards long-term growth, a bold stride in innovation, excellence, and industry leadership.