The joint venture will create a world-class electronic manufacturing hub in India, in line with the ‘Make in
All production will take place at Sanmina’s 100-acre campus in Chennai, with the potential for site expansion to support future growth opportunities and potentially expand to new manufacturing sites in India over time based on business needs the companies said in a statement.
The day-to-day business will be managed by Sanmina’s Chennai management team.
The joint venture will prioritize high-tech infrastructure hardware for growth markets and in sectors such as communications networks (5G, cloud infrastructure, hyperscale data centers), medical and healthcare systems, industrial and cleantech, and defense 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 product development and the hardware startup ecosystem in India, as well as advancing research and innovation of advanced technologies,” the companies said.
Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs), primarily in the communications networks, cloud solutions, industrial, defense, medical and automotive markets.
Reliance is currently ranked 104th and is the largest privately held company from India to feature in Fortune’s Global 500 list of “World’s Largest Companies” for 2022.
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