Sanmina Granted Domestic Tariff Area (DTA) Status at Its Manufacturing Facility in Chennai, India

SAN JOSE, Calif. – December 18, 2018 Sanmina Corporation (Nasdaq: SANM), a leading integrated manufacturing solutions company that makes some of the world’s most complex and innovative electronic, optical and mechanical products, today announced that it has been granted Domestic Tariff Area (DTA) status at its manufacturing facility in the Hi-Tech SEZ (Special Economic Zone) in Oragadam, Chennai, India. This enables Sanmina to support the Make in India initiative, an effort driven by the Government of India to encourage the manufacturing of more products in India. By having both SEZ and DTA status, Sanmina can manufacture and deliver products for both domestic and export markets, with zero customs duty.

Sanmina’s manufacturing facility in Chennai holds key certifications for automotive, medical, aerospace, telecommunications and industrial manufacturing.  These certifications include TL 9000, EN/AS 9100, ISO 13485 and IATF 16949. In April 2018, Sanmina became the first tier 1 EMS (Electronic Manufacturing Services) company to achieve FDA registration in India. Sanmina also operates a product design center in Chennai with an ISO 13485 medical design registration, enabling Sanmina to design medical instruments for its customers, close to its manufacturing facility.

“DTA status makes our world-class manufacturing and technology solutions more attractive to both domestic and global customers with a presence in India,” said Elan Chelian, Managing Director and VP of Sanmina’s Chennai facility.

“India has been a strategic location for Sanmina for ten years,” said Mike Landy, EVP and COO of Integrated Manufacturing Solutions, Asia and Europe at Sanmina. “DTA status better positions Sanmina to support the “Make in India” initiative, and enables us to offer Sanmina’s end to end solutions to a wider range of customers.”

Founded in 2008, the 100-acre campus in Chennai, India is one of the highest technology manufacturing facilities in the region, producing the most advanced medical, communications, industrial, automotive and computing products in the world. Sanmina also operates its India Design Center (IDC) in Chennai.

 

About Sanmina Corporation

Sanmina Corporation is a leading integrated manufacturing solutions provider serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, storage, industrial, defense, medical, energy and industries that include embedded computing technologies such as, point of sale devices, casino gaming and automotive. Sanmina has facilities strategically located in key regions throughout the world. More information regarding the company is available at http://www.sanmina.com.

 

Sanmina Safe Harbor Statement

The foregoing, including the discussion regarding the Company’s future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales principal customers, the ability of Sanmina to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company’s actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in our Company’s Annual and quarterly reports filed with the Securities Exchange Commission.

# # #

Show Buttons
Hide Buttons