Reliance and Sanmina complete electronics manufacturing joint venture deal

Reliance Strategic Business Ventures Limited (RSBVL), a subsidiary of Reliance Industries, and Sanmina Corporation completed a joint venture transaction for electronics manufacturing. RSBVL will hold 50.1% equity through an investment of up to Rs. 1,670 crore in Sanmina's Indian entity, which will be capitalized with over $200 million.

“The joint venture will create a world-class electronic manufacturing hub in India.”indianretailer.com

• 1 source
• indianretailer.comReliance, Sanmina Completes Deal to Set up Electronics Manufacturing Joint Venture - Indian RetailerIndian Retailer BureauOct 4, 2022

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