Avalon, Zollner form JV for electronics manufacturing in India
Avalon, Zollner form JV for electronics manufacturing in India — Avalon Technologies has partnered with Germany’s Zollner Elektronik AG to launch a joint venture focused on advanced electronics manufacturing in India. The move aligns with the government’s PLI scheme and aims to boost local production. The JV targets ₹200 crore revenue in 3 years and will invest ₹100 crore initially.
📊 STOCKS: $AVALON | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #JointVenture
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