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Sanmina Corporation and Reliance Strategic Business Ventures Limited have agreed to create a joint venture through an investment in Sanmina's existing Indian entity. RSBVL will hold 50.1% equity with an investment of up to Rs 1,670 crore, and the joint venture will be capitalized with over $200 million.
“This partnership will leverage Sanmina's 40 years of advanced manufacturing experience and Reliance's expertise and leadership in the Indian business ecosystem”ir.sanmina.com
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