# Reliance Industries and Sanmina form electronics manufacturing JV in India

Reliance Industries will invest $220.5 million for a 50.1% stake in a joint venture with Sanmina Corporation to manufacture electronics in India, including for 5G, cloud, and defense.

- Type: Partnership
- Announced: 2022-03-03
- Where: Chennai, India
- Value: $220.5M
- Status: announced
- Products: high-tech hardware for 5G, cloud infrastructure, data center equipment, medical systems, defense electronics
- 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

- [forbesmiddleeast.com](https://forbesmiddleeast.com/billionaires/world-billionaires/mukesh-ambanis-reliance-invest-$220m-in-sanmina-jv-to-manufacture-electronics-in-india), 2022-03-03: "Reliance Industries said Thursday it would invest $220.5 million to set up an electronics manufacturing joint venture with Sanmina Corporation."

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