Sanmina(NASDAQ: SANM) has reportedly expressed interest in building a PCB fabrication facility in the Indian state of Odisha after a delegation of the state's officials visited the company in Silicon Valley.

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According to India's Kalinga TV, the Odisha delegation met with Sanmina CEO Jure Sola, Senior Vice President Sundar Kamath, Senior Vice President Michael Sparacino and Vice President Bill Pappani to give a detailed presentation on Odisha’s industrial ecosystem to the company's officials and brief them on the various incentives available under Odisha’s different policies.

The Sanmina team also gave a presentation to Odisha delegation, providing details of its products and solutions and some of its expansion plans – including its favorable view of India as an expansion target to diversify its global supply base.

According to the report, Sanmina expressed its intent to submit a detailed proposal to Odisha's government, and the delegation assured all possible support in facilitating the investment journey and highlighted the different packages of incentives that are available based on investment size.

About Sanmina

Sanmina Corporation is an American electronics manufacturing services provider headquartered in San Jose, California. Sanmina designs manufactures and repairs some of the most complex and innovative optical, electronic, and mechanical products in the world. Recognized as a technology leader, Sanmina provides end-to-end design, manufacturing, and logistics solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions sectors.

Quick facts about Sanmina:

●Founded in Silicon Valley in 1980 as Sanmina

●Corporate Headquarters: San Jose, California

●Jure Sola is Chairman and Chief Executive Officer

●Revenue of $7.92B for fiscal year 2022

●Publicly traded under the NASDAQ ticker symbol: SANM

●Approximately 35,000 employees worldwide

●Global operations in 20 countries on 6 continents

●Fortune 500 Company