RIL subsidiary invests INR 20 Cr in electronics manufacturer Neolync
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RIL subsidiary, SBVL, has invested INR 20 Cr in electronics manufacturer Neolync Solutions Private Limited (Neolync). The conglomerate said the investment is aimed at boosting manufacturing of 5G devices in India. “The aforesaid investment is part of group’s overall 5G initiatives and commitment to Government of India’s ‘Made in India’ initiatives” RIL said in a regulatory filing with the Bombay Stock Exchange.