Electronics Production |
IVP invest in R&D unit in Sri Lanka
German based EMS and ODM provider IVP Gmbh will invest in a Research and Development (R&D) unit in Sri Lanka.
The establishment of the R&D unit is together with Tos Lanka a wholly Japanese - owned BoI enterprise EMS provider. The investment in this project is worth US$ 250,000. The main reason with this investment in to enter the Indian market, Ceylon Daily News reports. All business transactions are controlled within company’s EMS- and ODM-Systems in Buchenbach, Germany.