Page 2 - Joint Ventures In India

Optiemus Infra, Ordinary Theory form joint venture for enterprise hardware

Electronics manufacturing services firm Optiemus Infracom and Ordinary Theory LLC USA have announced to set up a joint venture for manufacturing, market development, and sales of smart enterprise hardware and integrated industrial solutions, a regulatory filing said on Tuesday. The joint venture will focus on creating smart enterprise hardware solutions spanning payments, retail, logistics, and AI. This partnership with Ordinary Theory LLC excites us as it will help us further strengthen our world-class manufacturing capabilities for Smart Enterprise Hardware & Industrial Solutions of today and tomorrow. These products will also support the rapidly growing fintech, logistics, retail and AI space, where we aim to play a pivotal role, Optiemus Infracom, Chairman, Ashok Kumar Gupta said in a statement. Optiemus will own a majority stake in the joint venture. "We are delighted to join hands with Optiemus, a recognised leader in India's electronics manufacturing sector. Together, we ...

Dhruva Advisors, Ryan form joint venture after majority stake acquisition

Dhruva Advisors has partnered with global tax services firm Ryan, which has acquired a majority stake in the Indian advisory to expand tax services in India and overseas

Indian Oil Corp in talks with Vitol for oil trading joint venture: Report

State-run company is expanding the capacity of its three refineries to raise crude processing by 346,000 bpd over the next two years and also plans to build a 180,000 bpd refinery in southern India

When Swraj Paul met Maruti's R C Bhargava, setting stage for India foray

Bhargava said he (Paul) and his team decided to bring themselves as a JV partner and Caparo Maruti was born in 1994

JSW Sarbloh Motors forms JV with Tomcar USA to make ATVs locally in India

JSW Group firm JSW Sarbloh Motors on Thursday said it has formed a joint venture with Tomcar USA for local production of the TX range of all-terrain vehicles in India. Phoenix, Arizona-based Tomcar is a manufacturer of high-performance all-terrain vehicles (ATVs) designed for military, commercial, and industrial operations. Under the joint venture, JSW Sarbloh Motors will indigenise, manufacture, assemble, and support the Tomcar TX range at its facility in Chandigarh, said JSW Sarbloh Motors, an arm of JSW Defence Pvt Ltd, in a statement. The first India-assembled TX units are expected to roll out by early 2026, with field trials and demonstrations planned for multiple defence and paramilitary agencies in the coming months, it added. The strategic joint venture between JSW Sarbloh Motors and Tomcar USA marks a significant milestone in the group's commitment to enhancing India's defence capabilities, Parth Jindal of the JSW Group said. "The TX platform is designed to meet the rigor

JSW, Posco sign agreement to set up 6 MTPA steel plant in Odisha

Odisha being considered as a potential site; final terms of the agreement are subject to feasibility and approvals

Schneider to buy remaining 35% stake in India JV at €5.5 bn valuation

French electric equipment maker will acquire Temasek's stake, gaining full ownership and expanding its India operations

Dixon gets govt nod for JV with China's Longcheer, to form Dixtel Infocomm

The Dixon-Longcheer joint venture will manufacture smartphones, smartwatches, AI PCs and more; Dixon will hold a 74 per cent stake, while Longcheer will own the remaining 26 per cent

Jio Financial, Allianz to launch reinsurance JV in India with 50-50 stake

The 50-50 venture combines Jio's local digital footprint with Allianz's global underwriting and reinsurance capabilities, the companies said in a statement late Friday

Kinetic-Tonino Lamborghini JV eyes 10% of global golf cart market

Kinetic Green and Tonino Lamborghini launch India-based JV to export e-carts, aiming for 10% global market share, $1 bn turnover and innovation in driverless tech

Tata AutoComp, Skoda form joint venture to enter rail components business

New co to make rolling stock parts via multi-million euro investment in India

Tata AutoComp, Skoda Group form JV to make rail propulsion systems in India

Tata AutoComp and Skoda Group form a joint venture to manufacture propulsion systems and components for trains, metros, and light rail vehicles, with production based in India

Cooper Corp forms JV with Japan's Sinfonia Tech to manufacture LPG gensets

The latest emission norms (CPCB IV+)-compliant co-branded product will be jointly marketed across India and exported globally, Cooper Corporation said

Reliance Infra, Coastal Mechanics tie up to tap India's defence MRO sector

According to a statement by Reliance Infrastructure, the partnership will focus on lifecycle support for a range of platforms used by the Indian Armed Forces

India-China electronics firms turn to tech tie-ups as JV rules delay deals

With regulatory curbs stalling Chinese investments in India, electronics firms like Voltas and PG Electroplast are exploring technology partnerships

Tougher rules on China tech deals put India's electronics sector on edge

India's electronics ambitions face delays as tighter scrutiny on Chinese tech partnerships stalls critical joint ventures ahead of a key manufacturing deadline

Bhutani Infra, Yashoda Hospitals in ₹1,000 cr JV for Noida project

Fully AI-integrated project in Greater Noida

Capacit'e eyes Middle East market after Maldives foray, cites growth

Data centres and hospitals are key growth drivers for EPC firm Capacit'e Infraprojects as it enters global markets after its first international project in Maldives

Taiwan-based firm Inventec Corporation enters India with Dixon tie up

The new JV will set up a separate plant in Kancheepuram, Tamil Nadu, with an annual capacity of 2 million laptops and notebooks

Reliance partners with BLAST to boost, expand e-sports business in India

Reliance's wholly-owned subsidiary RISE Worldwide has entered into a strategic partnership with BLAST Esports to form a joint venture to conduct esports business in India, according to a joint statement. Reliance and BLAST will partner to develop market-leading Intellectual Properties (IPs) in India and introduce BLAST's global IPs to the Indian market for fans, players, and brands, the statement said. BLAST, a wholly-owned subsidiary of Denmark-based BLAST ApS, is one of the biggest tournament organisers in the world. It works with the world's biggest game publishers, including Epic Games, Valve, Riot Games, KRAFTON, and Ubisoft, to create leading global esports properties. "The JV's (joint venture) ambition is to attract top tier titles and events in the future," it said. India is the fastest growing gaming market with a massive gamer base of more than 600 million, which is 18 per cent of the total gamers globally. India's esports market is in the nascent stage and is expected