# Sanmina and Reliance create electronics manufacturing joint venture in India

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.

- Type: Partnership
- Announced: 2022-03-02
- Where: Chennai, India
- Value: $220.0M (16.7B INR)
- Status: announced
- Products: electronics hardware, communications networking equipment, medical systems, industrial systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Reliance Industries](https://endata.com/companies/1562.md) (partner)
- [Sanmina Corporation](https://endata.com/companies/31833.md) (partner)

## Sources

- [ir.sanmina.com](https://ir.sanmina.com/news/news-details/2022/SANMINA-AND-RELIANCE-CREATE-MANUFACTURING-JOINT-VENTURE-IN-INDIA-03-02-2022/default.aspx), 2022-03-02: "This partnership will leverage Sanmina's 40 years of advanced manufacturing experience and Reliance's expertise and leadership in the Indian business ecosystem"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.