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of <h1>Spanish and Indian Companies Form Joint Venture to Boost Soft Ferrite Component Production by 2025</h1> PREMO S.L., a Spanish electronic components developer, and Delta Manufacturing Ltd, an Indian soft ferrite core manufacturer, have formed a strategic joint venture to enhance soft ferrite component production. This collaboration combines PREMO's expertise in inductive components and RFID technology with Delta's manufacturing capabilities. The venture aims to innovate high-performance components for industries like automotive, telecommunications, and IoT, utilizing advanced production facilities. The partnership seeks to expand market reach and reinforce competitive positions, with operations starting in early 2025. This initiative supports Delta's goal to offer value-added products and PREMO's vision of integrating ferrite-core capabilities.
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