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Avalon Technologies and Zollner Elektronik AG formed a joint venture to manufacture PCB assemblies, box-built units and system integration products in India. Zollner will initially hold 51%, with Avalon having an option to buy an additional 2% after three years of commercial production.
“The board of Avalon Technologies on 3rd September 2026 approved a joint venture (JV) to manufacture printed circuit board (PCB) assemblies, box-built units and system integration products in India with Zollner Elektronik AG.”tradebrains.in
Summarized from public sources; check the original articles before acting on it.