Reliance Industries acquires 50.1% stake in Sanmina SCI India for Rs 1,670 crore

Reliance Industries agreed to acquire a 50.1% stake in Sanmina SCI India for Rs 1,670 crore ($221 million), strengthening its electronics manufacturing capabilities, with the deal expected to close by September 2022.

“Reliance Industries, India’s largest company in terms of market value, has agreed to acquire 50.1% in Sanmina SCI India for Rs 1,670 crore ($221 million), strengthening its play in electronics manufacturing.”timesofindia.indiatimes.com

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• timesofindia.indiatimes.comReliance buys majority in electronics companyReeba ZachariahMar 3, 2022

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