{"id":11314,"date":"2022-10-06T05:06:25","date_gmt":"2022-10-06T05:06:25","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=11314"},"modified":"2023-01-27T08:17:40","modified_gmt":"2023-01-27T08:17:40","slug":"reliance-sanmina-finalise-deal-to-set-up-electronics-manufacturing-joint-venture","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/reliance-sanmina-finalise-deal-to-set-up-electronics-manufacturing-joint-venture\/","title":{"rendered":"Reliance, Sanmina finalise deal to set up electronics manufacturing joint venture"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/11314?pdf=11314\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/05\/Tata-Electronics-all-set-to-enter-semiconductor-packaging.jpg\" \/><\/p>\n<p>An agreement to establish a joint venture for the manufacture of electronics between Sanmina Corporation, a US-based company, and the Reliance Industries subsidiary<a href=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/05\/Tata-Electronics-all-set-to-enter-semiconductor-packaging.jpg\"> RSBVL<\/a> has been finalised, with an estimated enterprise value of Rs 3,300 crore.<\/p>\n<p>In the joint venture, <a href=\"https:\/\/testbook.com\/question-answer\/reliance-strategic-business-ventures-ltd-rsbvl-h--61331673655f23bc6e6376da\">Reliance Strategic Business Ventures<\/a><a href=\"https:\/\/testbook.com\/question-answer\/reliance-strategic-business-ventures-ltd-rsbvl-h--61331673655f23bc6e6376da\">\u00a0Limited (RSBVL)<\/a> will own a 50.1% equity position while Sanmina will hold a 49.9% stake.<\/p>\n<p>To acquire this stake, RSBVL will principally invest up to Rs 1,670 crore in new shares in the Indian business of Sanmina.<\/p>\n<p>With the investment, the company will be financed with more than USD 200 million in cash to support expansion and become a joint venture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report An agreement to establish a joint venture for the manufacture of electronics between Sanmina Corporation, a US-based company, and the Reliance Industries subsidiary RSBVL has been finalised, with an estimated&#8230; <\/p>\n","protected":false},"author":4,"featured_media":7421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[444,913],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/05\/Tata-Electronics-all-set-to-enter-semiconductor-packaging.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11314"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=11314"}],"version-history":[{"count":3,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11314\/revisions"}],"predecessor-version":[{"id":14128,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11314\/revisions\/14128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/7421"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=11314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=11314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=11314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}