Sanmina, Reliance completes joint venture transaction in India

Sanmina has 40 years of manufacturing experience in advanced electronics and Reliance expects to leverage that expertise with its leadership in the Indian business ecosystem. 

Under the deal, Sanmina’s management team in Chennai will continue to manage the day-to-day business seamlessly from an employee and customer perspective, says an RIL release.

The joint venture will create a world-class electronic manufacturing hub in India, in line with the Prime Minister's “Make in India” vision. The joint venture will prioritise high technology infrastructure hardware, for growth markets, and across industries such as communications networking (5G, cloud infrastructure, hyperscale datacenters), medical and healthcare systems, industrial and cleantech, and defence and aerospace. In addition to supporting Sanmina’s current customer base, the joint venture will create a state-of-the-art ‘Manufacturing Technology Center of Excellence’ that will serve as an incubation center to support the product development and hardware start-up ecosystem in India, as well as promote research and innovation of leading-edge technologies, says the release.

All the manufacturing will take place at Sanmina’s 100-acre campus in Chennai, with the ability for site expansion to support future growth opportunities as well as to potentially expand to new manufacturing sites in India over time based on business needs, it adds.

Sanmina Corporation is a leading integrated manufacturing solutions provider serving the global Electronics Manufacturing Services (EMS) market. Recognised as a technology leader, Sanmina provides end-to-end manufacturing solutions, and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, cloud solutions, industrial, defence, medical and automotive markets.

Sanmina has facilities strategically located in key regions throughout the world.