Reliance comes to Oragadam! Sets up a JV with leading US firm Sanmina

  • Reliance comes to Oragadam! Sets up a JV with leading US firm Sanmina
    18Jun 2022

    Reliance Strategic Business Ventures Limited, a wholly-owned subsidiary of Reliance Industries, has become the latest top-performing conglomerate to set up a manufacturing unit in Oragadam, one of the fastest-growing multi-faceted suburbs in Chennai.

    Home to over 22 Fortune 500 companies, including six global car manufacturers, the Oragadam belt has seen tremendous industrial growth. The area is well-connected via road and rail, and the presence of several manufacturing giants has triggered growth around Oragadam. This has led to a large-scale migration of professionals to this area, not only from other parts of the state but also from the rest of India. A large number of ex-pats particularly from Germany, Japan, and South Korea also reside in this area. One destination that is popular with the home seekers in Oragadam is Hiranandani Parks.

    A vibrant community with cosmopolitan tastes, the 360-acre township houses towering high-rises consisting of luxurious 2.5/ 3 BHK apartments and signature villa plots. With 60% open green space, 12+ sporting amenities, plenty of themed gardens, and more exciting features. Hiranandani Parks offer the best environment for the residents to lead a happy and healthy lifestyle.

    The state-of-the-art manufacturing technology center

    Reliance will invest Rs 1,670 crores in Sanmina's existing Indian entity. The joint venture will focus on high technology infrastructure hardware across industries such as communications networking (5G, cloud infrastructure, hyper-scale datacentres), medical and healthcare systems, industrial and cleantech, defense, and aerospace. It will also serve as an incubation center to support the product development and hardware start-up ecosystem as well as promote research and innovation of leading-edge technologies.

    Located at SIPCOT Hi-Tech SEZ at Oragadam, the 100-acre Sanmina Chennai facility currently provides manufacturing and design solutions for telecommunications, medical, storage & computing, avionics, industrial and multimedia companies.

    A city within a city

    A self-sustaining township with world-class infrastructure, Hiranandani Parks is designed to cater to all lifestyle needs of a modern family. The long list of essential services includes RELA, a top hospital, TIPS, a well-known school with a large playground, retail stores, and more. Not to forget the amenities that include swimming pools, a gym, yoga lounges, multiple sports facilities, and more. The modern sewage treatment plant and the cutting-edge water treatment plant add to the eco-friendly environment.

    Interested to explore more? Click and request a free site visit.

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