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Industrial Products
Joint Venture16 Apr 2026, 04:09 pm

Aditya Infotech executes 50:50 JV with Orient Cables for cable mfg

AI Summary

Aditya Infotech Limited (AIL) has executed a 50:50 Joint Venture Agreement with Orient Cables (India) Limited. This follows a Memorandum of Understanding dated February 12, 2026. The joint venture aims to establish a company for the manufacturing of electric cables, including LAN cables, CCTV cables, terminated assemblies, and connectors. The products manufactured by the JV company will be supplied to AIL and its affiliates, as well as to Orient for onward sales. The JV company is yet to be incorporated, with both AIL and Orient contributing equally to its share capital. The board of the JV company will have equal representation from both parties, ensuring joint control over critical matters. This strategic move is expected to enable backward integration for Aditya Infotech.

Key Highlights

  • Aditya Infotech formed a 50:50 JV with Orient Cables.
  • The JV will manufacture electric, LAN, and CCTV cables.
  • This partnership is expected to enable backward integration.
  • Both parties will have equal shareholding and board representation.
  • Products will be supplied to AIL and Orient for sales.
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