Jubilant Ingrevia Limited has announced a strategic move to diversify its business portfolio by acquiring a 40% equity stake in Zettaone Technologies for ₹189.2 crore.
The strategic investment marks Jubilant Ingrevia’s formal entry into the high-growth Electronics Development and Manufacturing Services (EDMS) sector. The expansion comes at a pivotal time when India is rapidly accelerating the development of a robust domestic ecosystem for electronics and semiconductor manufacturing.
Through this transaction, Jubilant Ingrevia aims to gain direct exposure to emerging, high-potential technology opportunities by leveraging Zettaone Technologies’ proven capabilities in electronics design, engineering, and manufacturing. The initiative aligns with the company’s broader strategic vision of expanding beyond its traditional operating domains to build diversified revenue streams in high-demand technological industries.
With the rising nationwide push for advanced domestic electronics and local supply chain resilience, the partnership is set to unlock substantial growth synergies and actively contribute to strengthening India’s manufacturing infrastructure.
Written by: Pragna Biswas
Graphics by: Pramit Hazra
