EPACK Durable Limited , a prominent player in the Indian electronics manufacturing sector, has announced a significant strategic move by entering into a joint venture agreement with Bumjin Electronics Co. Limited, a South Korean company. This partnership aims to establish a new entity focused on the manufacturing and sale of a wide range of audio devices, including television speakers, soundbars, AI speakers, Bluetooth speakers, and smart speakers.

Joint Venture Structure and Scope

The joint venture will see EPACK Durable holding a majority stake of 66.67%, while Bumjin Electronics will own the remaining 33.33%. This strategic alliance is primarily targeted at the Indian market, with potential for future international expansion. The new entity will have an initial authorized share capital of INR 140.00 million, divided into 14 million equity shares of INR 10.00 each.

Management and Governance

The joint venture's board structure reflects the ownership ratio, with EPACK Durable appointing three directors and Bumjin Electronics nominating two. Key management positions have been strategically allocated:

• The business head will be selected by EPACK Durable
• The technical head will be appointed by Bumjin Electronics
• The finance head will be mutually agreed upon by both parties

Strategic Rationale and Expected Benefits

This collaboration is expected to bring several advantages to both companies and the Indian electronics industry:

1. Manufacturing Excellence: The joint venture aims to introduce world-class manufacturing capabilities for TV speakers and soundbar systems in India.

2. Leveraging Existing Strengths: EPACK Durable's established electronics manufacturing capabilities, R&D facilities, supply chain, and distribution network will be key assets for the new venture.

3. Market Demand: The partnership addresses the growing demand driven by increasing smart home adoption and audio device usage in India.

4. Portfolio Diversification: This move allows EPACK Durable to expand its product range and enhance its brand visibility in the consumer electronics space.

5. Domestic Value Addition: The joint venture is expected to strengthen domestic manufacturing capabilities and support import substitution in the electronics sector.

6. Technology Transfer: The collaboration will facilitate the transfer of technology, knowledge, and best practices from South Korea to India, fostering innovation and development to meet local customer requirements.

Expansion of EPACK's Manufacturing Capabilities

In a related development, EPACK Durable has also incorporated a wholly-owned subsidiary, EPACK Electronic Component Private Limited (EECPL). This new entity will focus on manufacturing display module sub-assemblies and camera module sub-assemblies, further expanding EPACK's capabilities in electronic component manufacturing.

Industry Impact and Future Outlook

The joint venture between EPACK Durable and Bumjin Electronics represents a significant step towards enhancing India's position in the global electronics manufacturing landscape. By combining EPACK's local market knowledge and manufacturing expertise with Bumjin's technical prowess, the partnership is well-positioned to capitalize on the growing demand for high-quality audio devices in India and potentially in international markets.

As the consumer electronics industry continues to evolve rapidly, this strategic alliance demonstrates EPACK Durable's commitment to innovation and its ambition to play a leading role in India's electronics manufacturing sector. The success of this venture could pave the way for more such collaborations, further boosting India's capabilities in high-tech manufacturing and supporting the country's vision of becoming a global electronics manufacturing hub.

EPACK Durable Limited , a prominent player in the manufacturing sector, has announced a significant expansion of its operational capabilities by venturing into the electronics manufacturing sector. This strategic move is marked by the establishment of a new wholly-owned subsidiary, EPACK Electronic Component Private Limited (EECPL).

New Division for Electronic Parts Manufacturing

EPACK Durable has set up a new division focused on manufacturing electronic parts, signaling the company's entry into the electronics manufacturing sector. This expansion is expected to broaden EPACK Durable's product portfolio and strengthen its position in the market.

Incorporation of Wholly-Owned Subsidiary

According to a regulatory filing, EPACK Durable Limited has incorporated EPACK Electronic Component Private Limited as its wholly-owned subsidiary. The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation for EECPL on July 23, 2025.

Key Details of the New Subsidiary

Business Objectives

EECPL's main objectives include:

1. Display Module Sub-Assembly: Carrying out complete sub-assembly processes, including Film on Glass (FOG) & Chip on Glass (COG) processes.
2. Camera Module Sub-Assembly: Conducting full sub-assembly processes, including surface mounting of components on substrates, Front on Line (FOL) process & End of Line (EOL) process.
3. Advanced Manufacturing Capabilities: Image processing alignment, sensor integration for camera and visual modules, optical calibration, and sensor alignment.
4. Product Range: Manufacturing display modules, camera modules, and related electronic assemblies & components.

Management and Governance

The following members of EPACK Durable's promoter group have been appointed as directors of EECPL:

• Ms. Avishi Singhania
• Mr. Nitin Bothra

Strategic Implications

This expansion into electronics manufacturing represents a significant step for EPACK Durable. By diversifying its operations, the company aims to capitalize on the growing demand for electronic components and potentially enhance its market position in the manufacturing sector.

The establishment of EECPL aligns with EPACK Durable's strategy for business growth and expansion into new, high-potential areas within the manufacturing industry. As the electronics sector continues to evolve rapidly, this move could position EPACK Durable to capture emerging opportunities in the market.

Investors and industry observers will be keenly watching how this new venture unfolds and its impact on EPACK Durable's overall business performance in the coming years.