Project Category
Project Category
Electrical & Electronics
Project Description
Project Description
Minda Katolec Electronics Services is planning an electronics manufacturing unit in dist. Pune, Maharashtra. Minda Industries (MIL), the flagship company of UNO MINDA Group has entered into a Joint Venture (JV) agreement with Katolec Corporation, Japan on 22nd February, 2017, for incorporating a JV company Minda Katolec Electronics Services, which shall be incorporated with MIL holding 51% and Katolec holding 49% of the equity. The JV company is proposed to be set up in dist. Pune, Maharashtra as an Electronic Manufacturing Services Company offering turnkey and job work solutions. The products to be manufactured would include high end electronics like Printed Circuit Boards (PCB) and Box Build Assemblies. The initial investment outlay is Rs. 400 million. The JV company is expected to achieve additional synergies in areas of product development & technology. [Info as of: Feb. `17]
Country
Country
India \ Maharashtra
Our Reference Number
Our Reference Number
2001718170307
 
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