Aditya Infotech has executed Joint Venture (JV) Agreement with Orient Cables (India) to form a 50:50 joint venture for the purposes of carrying on the business of manufacturing of electric cables including LAN cables and CCTV cables, terminated assemblies, electric cables, and connectors and allied products, and is subject to completion of customary conditions precedent.

The products manufactured by the JV company shall be supplied to the company and its affiliates, as well as to Orient Cables (India) for further sale to identified customers, in accordance with the terms of the Joint Venture Agreement.

Earlier, the company had entered into a Memorandum of Understanding (MoU) with Orient Cables (India) to capture an understanding between the Parties in order to enter into a 50:50 Joint Venture arrangement.

Aditya Infotech offers a comprehensive range of advanced video security and surveillance products, technologies and solutions for enterprise and consumer segments under its ‘CP PLUS’ brand which has strong recall value.