Friday, 24 March, 2023

RIL, Sanmina form joint venture to manufacture electronics

<p>Sanmina Corp, a leading integrated manufacturing solutions company, and Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned arm of Reliance Industries, have agreed to form an electronic manufacturing JV. RSBVL will own 50.1% of the JV entity, while Sanmina will own the remaining 49.9%. This partnership will capitalize on Sanmina&#39;s 40 years of advanced production experience and Reliance&#39;s expertise and leadership in the Indian business ecosystem.</p>