<h1>Indian electronics firm partners with Chinese manufacturer for 74-26 joint venture producing precision components under government incentive scheme</h1> A domestic electronics manufacturing firm partnered with a Chinese precision manufacturing company to establish a joint venture in India for producing electronic components. The Indian company will hold 74% stake while the Chinese partner holds the remaining 26%. The joint venture will manufacture precision components for laptops, mobile phones, IoT devices, and automotive products. This collaboration is part of the government's electronics components manufacturing incentive scheme worth approximately Rs 22,919 crore, aimed at supporting local manufacturing and the Make in India initiative through backward integration.